Jim Rogers Interview - Opalesque Radio - 21st March 2012

Jim Rogers "Profits cannot get much better and even if they do they cannot last much longer... in America ..."legendary investor will give his opinion amongst other things on the current US equity rally and whether he thinks it is sustainable? "The overall situation is getting much worse because the debt is going through the roof for all of us. You should be worried about 2013, 2014 but overall 2012 won't look so bad," he explains."Profitability for american companies is at an all time high if you measure return on equity. Some people anticipate that profits cannot get much better but even if they do they can't last much longer," Jim Rogers said

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%.