Speaking with Bloomberg, Rogers said, “I own a lot of U.S. dollars… I think it’s going to go up, it’s going to get overpriced. It might even turn into a bubble.”
Rogers: Why I Am Out of the Yen, Long the U.S. Dollar
.
Jim Rogers, chairman at Rogers Holdings, discusses currencies, why investors view the U.S. dollar as a safe haven and outlook for U.S. markets. He speaks with Guy Johnson on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
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%.
No comments:
Post a Comment