Jim Rogers : "Every few decades throughout history, we've had periods when the financial types were the masters of the universe, followed by decline, and then when the drawers of water and the hewers of wood, the people who produce goods, were the masters of the universe,"
"The stock market has done nothing since 1999,"
"We have a huge shortage of farmers developing," Rogers says. "The huge fortunes are going to be made by the producers of real goods, and that's where young people should go, and that's where investors should go." "Finance is going to be whipped into shape, it's going to be cowed, it's not going to be so exciting and successful. " - in The Takeaway Podcast 08 August 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....
