Jim Rogers: The Rogers Agricultural Index [line 66] is actually down at this time, which is the reason why I am so extremely optimistic about agriculture going forward. The situation is getting dire. There are no farmers in the world. Things are getting serious, largely because agricultural prices have been so depressed for thirty years that it has not attracted capital, labor, management, or anything else. People want to build golf courses and become stock brokers. In my view, the money is going to be in agriculture going forward because the economics have become so horrible..- in The Motley Fool
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Friday, January 27, 2012
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "