Jim Rogers :
Capitalism is so far the best economic system that has been developed , it has many many flaws there is no question about that , but everything else is even worse even else that mankind has ever tried , the problem Peter in the last few years is not so much capitalism at least in the west , in the west government has gotten in the way and government refuses to let people go bankrupt ...we certainly don't have capitalism , we have government meddling now capitalism without bankruptcy is like Christianity without hell , they got to let people go bankrupt , and the government keep bailing out his friends .....
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%.
