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%.
Saturday, March 25, 2017
After Brexit Get Ready for Frexit and Italexit
The “success” of Brexit, says Rogers, will encourage other nations to leave the European Union. That “will throw a spanner in a lot of people’s works”. For example, while Italian government debt is currently denominated in euros, “what will happen if Italy quits the euro, or the euro ceases to exist”? In short, “get prepared” for some of the “worst economic problems in your lifetimes”.
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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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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