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%.
The Risks Of Currency Debasement
Throughout history governments have tried to debase their currency in
the hope that they would somehow get better down the road, but it’s
always gotten out of control. The debt has gotten higher, the money
printing makes people feel better for a while but in the end its higher
inflation, higher interest rates and then you have serious, serious
problems.
Once inflation starts rising and gets out of control, it’s very hard to kill it. - transcript from a video interview
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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