Jim Rogers: Not Buying Any U.S. Stocks

Legendary Investor Jim Rogers tells Larry Kudlow why he has no intention of buying any U.S. stocks. Jim Rogers : no, no, no, no. especially. I'm short technology stocks in the u.s. I'm not buying anything in the u.s. i do think that this year is going to be better in the economy and the stock market. partly because they're printing a lot of money. that will help some parts of the economy and help commodities. but Larry, you also have to remember this leads to huge inflation down the road. and remember, just last week, Mr. Bernanke came out and changed the way they report inflation. i don't know how many times the government has done this in the last decade or two. but they're always changing it to make it look better. they're lying to us again, Larry.

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%.