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%.

Tuesday, October 23, 2012

You think we have abolished Recessions

Jim Rogers : “Every 4-6 years since the beginning of the Republic we’ve had slowdowns in America. You think we’ve abolished recessions? You and the tooth fairy,” - in Forbes

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%.

1 comment:

  1. So called recessions are a big money for some few who own the world. Taking money out of circuit, forcing down prices and making pancruptsies and buying with the same money taken out in the first place. Isnt it genius way of living? Well nothing lasts forever at least. Thiefs always sell themselfs on day sooner or later. And it seems this day is coming closer and the police job is going to be from China. The country who invented the papermoney firstplace.

    ReplyDelete

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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