Jim Rogers : The Japanese stock market has collapsed in three days. You just wait when the whole world has to face its problem

Jim Rogers : “I do not really want to own equities right now,” Jim Rogers pinpoints. “I owned a fair amount of Japanese equities. I sold most of them two weeks ago. I am not very optimistic about equities because you see what happened in Japan when people started getting worried about the end of the artificiality. When everybody realises that all the central banks are going to have to cut back, it is not going to be fun.”“I do not know when it comes to an end,” Rogers admits. “The Japanese stock market has collapsed in three days. You just wait when the whole world has to face its problem.”



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%.