"Korea's largest trading partners ― Japan, the U.S., China and Europe ― are all suffering," Jim Rogers, the legendary billionaire investor and chairman of Rogers Holdings, told The Korea Times. "The U.S. is struggling, while Japan and much of Europe are in recession. That's what's going to happen to Korea. "The world is suffering and you are part of the world. If the U.S., Japan and Europe have problems, you too will have problems."
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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