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%.

Monday, February 4, 2013

Jim Roger : Bankruptcies should be Allowed

Jim Roger thinks bankruptcies should be allowed rather than propping up troubled banks. There would be a collapse but the region would be able to start over. Rogers pointed to the experience of Japan. “They tried this in 1990. They wouldn’t let anyone fail and created zombie banks. It’s 22 years later and Japan’s market is down 80%. This does not work.” - in etf trends

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 "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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