Jim Rogers : China will have many problems as they go along , they may have political turmoil , they may have epidemics they may have economic set back all of those things will be temporary , if they occur just like they were in America . The only thing that worries me about China , the whole thing that could end the China story would be water , China has a horrible water problem , I have been around the world a couple of time , I have seen entire cities countries cultures disappeared because water disappeared , if water disappears there is nothing you can do about it that's the end of the story , in china they know they have a horrible water problem they are trying to do something about it , they are spending hundreds of billions of dollars but if they do not solve the water problem that's the end of the China story
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%.