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%.

Friday, April 24, 2009

Motley Fool Profiles Jim Rogers 24 Apr 2004

Independence of thought, and an eagerness to challenge conventional thinking, are often considered essential to the successful investor, and few demonstrate these traits more strongly than commodities guru Jim Rogers.

Rogers remains bearish on Western world equities generally, and says he is not participating in the market rallies of Spring 2009, which he expects to be short-lived, with the market going on to reach new lows.
He has started to invest again in China, particularly in sectors dependent on locally-driven growth, such as agriculture, water treatment, and infrastructure, rather than businesses focused on exports to a declining Western world.
Commodities are still his main focus, but is less enthusiastic about gold (although he hasn't said that he sold any) due to fears that the IMF is about to flood the market.

He continues to be bearish on the dollar, sterling, and euro, relative to the yen, renminbi and Swiss franc.
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 "
Related Posts Plugin for WordPress, Blogger...