Jim Rogers - No. The Brazilian government is making mistakes . It should be a wonderful place to invest , but this government keeps on making mistakes , imposing special tariffs against some of your best partner , exchange control and so on . Brazil continues doing things that constrain the economy . So , I'm not investing and do not want to invest in Brazil , while they have a government anti -capitalism or anti -efficiency. While they have a government that does not understand the economy I do not want to invest there.
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%.
