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%.

Friday, August 23, 2013

Jim Rogers : I am Making Money Shorting India



The rupee touched a new low of 63 on Monday. Do you think it can test 65 levels?

Jim Rogers : I am short on India because of the currency, and one of the reasons why I am making money is because the currency has gone down. I don't know what's going to happen to the world or to the Indian government. But I am judging Indian markets every day, every week, every month. So far, the government is making more mistakes and that's not going to solve the problem. Debt is going higher and the balance of trade is going higher as well. The Indian government just doesn't just understand economics. - in ET Now



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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