Jim Rogers : It’s up to the person. If you know nothing about farming, I would suggest you start small. I would not suggest that you borrow $50 million and start a gigantic farming operation. But if you already know about farming, then sure, go ahead and start big.
It’s not just about farming. If you don’t want to go into the fields every day, open up a Lamborghini dealership in an agricultural area. Or open a chain of restaurants or a chain of retail stores. It depends on what you know a lot about. The agricultural belts are going to where the money is. Open a fertilizer store, open a tractor distributorship. Arrange to participate in the boom in Myanmar, and the boom in agriculture.
- 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%.