Jim Rogers : I Cross-check all Governments Numbers

Jim Rogers: It’s just like in America, you have to have lots of sources and cross-reference. Yes, I read the IMF numbers. The World Bank, the CIA. Yes, I look at all those numbers, and frequently they are the same because most bureaucrats are pretty lazy and they just rely on each other. But then there are some things like the Indian numbers that never make sense to me once you go to the country and drive around – and Russia and America as a matter of fact! The reported inflation numbers in America are an embarrassment. You have to double-check, cross-check. Cross-check I guess is the best answer, I got to have those numbers from everybody, but do I rely on any source? No, no source. - in Motely Fools 






 
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%.