“There will be wars east of the Red Sea over oil and wars west of the Red Sea over water,” “There are not enough companies where water is dominant,” Rogers said in an interview yesterday before giving a speech to the CFA Society of Atlanta.
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%.
