“I am long on the dollar because I expect turmoil in world financial markets and people are looking for a safe haven,” he said. “It’s going to get overpriced; it might even turn into a bubble.”
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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