Jim Rogers : People don’t like austerity, nobody does. But unfortunately, the world has to face reality. Concerns developed around Europe are going to continue. One needs to adjust to the fact that all these countries are bankrupt and they have been spending money they don’t have. The situation is going to get worse. Unless someone solves this…this is not good for the world. We are going to have huge problems in the next 2-3 years in the West and they may spill into Asia. - in NDTV interview 08 May 2012
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%.
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
