Jim Rogers: Mainly I’m sitting and watching, not
doing much of anything, because if anything I would think that the
market should be going down, because we’ve had a six-year run with
virtually no corrections in the United States and therefore most of the
world. So I’m mainly sitting and watching and trying to figure out what
to do. I have a few longs, I have a few shorts, but for the most part, I
have to figure out what to do. I’ve bought some Russian shares
recently; not much. Bought a few shares in Africa recently, not much.
Mainly, I guess, it’s just that I’m confused, and part of the reason
that I’m confused is because of what’s happening in Syria. Now all of a
sudden, the Russians are bombing us, bombing ISIS, who knows how this is
going to work out? --
via midasletter.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%.
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