EXAME.com - Would you rather invest in Russia to invest in Brazil?
Jim Rogers - I prefer to invest in Russia. Russia is not taking steps to discourage efficiency and investment but Brazil is. Russia has a floating currency, Brazil has exchange control. - in a recent interview with the Brazilian Eaxame.com
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%.
