Jim Rogers : “It’s (Myanmar) right between China and India, 60 million people, massive natural resources, agriculture,” “You could feed much of Asia, they have metals, they have energy, they have everything.” “In 1962 Myanmar was the single richest country in Asia,Now it’s the poorest because it’s been so badly managed in the past 50 years. But they are changing that now.” Jim Rogers said at a conference in Singapore today - via Bloomberg
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%.