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%.

Tuesday, August 30, 2011

Brazil and Africa to become the food baskets of the world

Legendary Jim Rogers said that we are suffering from a shortage of farmers and that great fortunes are going to be made in farming in the next decade cause the prices are going to be so high , he suggested moving to Brazil or Africa to start a farming business these are the places that have all the conditions to become the new food baskets of the world .: "....The water table in the south west I am told by people who claim they know is under terrible stress and within a decade there are not going to be agriculture in the south west because the aquifer is draining so fast , we do have some excess land in the US which can be brought in production but we are not what we used to be we are not Brazil for instance , Brazil has huge amount of land which can b brought into production , Africa has huge amount of land that can be brought into production , and so if you want to be a farmer or if you want to marry a farmer I would suggest going to Brazil or Africa or some of the places where the fortunes are going to be even bigger and better , there are a lot of women farmers too , so guys who are looking for a rich and smart wife that's the place to go..." - in TMRN Time Monk Radio - 2011-08-21




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%.
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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