Tuesday, August 7, 2012

Jim Rogers : The place to be is in Commodities, Raw Materials, Natural Resources

Jim Rogers : “The power is shifting again from the financial centers to the producers of real goods,”
“The place to be is in commodities, raw materials, natural resources.” “Don’t go to Harvard Business School,” he said. “If you want to make fortunes and come back and donate large sums of money to Balliol you’re not going to do it if you get an MBA.” - in Seekingalpha

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%.