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, July 1, 2013
Jim Rogers advises Investing in Fashion or Sports Businesses
Jim Rogers : you should buy firms you understand deeply. Typically this would follow from your own interests. For example, if a person is passionate about clothes or football,
"You already know more about the field than any broker or analyst since you spend a lot of time reading about it or following it in the media or working at it. You will see a promising emerging new trend or product long before other investors will. Then follow up by examining the company, its management, its finances, its competitors, everything in the field," - in South China Morning Post
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%.
Labels:Jim Rogers
Fashion,
Sports Businesses.
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 "