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 one Reason Jim Rogers not Buying many Shares in China right now
China is the second largest economy in the world and if the second
largest economy in the world has problems it is join got affect some
people. If nothing else, the people who do business with China will be
suffering. And that is a lot of people because it is such a huge economy
now. It`s just like if America has problems, it affects a lot of
people. If Japan has problems it affects some people. So, there`s no
question that China will have problems. I don`t know what or when or why
but every country has problems somewhere along the line.
What is a little bit unusual is that it has been a long time since China
has had problems. That is extremely unusual. That is one reason I am
not buying many shares in China right 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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