Jim Rogers : “The surprise with oil is going to be how high it stays and how high it goes. Simon, the International Energy Agency (IEA) has done a study. The world’s known reserves of oil are in steady decline. We have to find a lot of oil or the price of oil is going to unheard of heights.” - in a recent interview with The Wall Street Journal interview
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%.