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%.

Monday, January 2, 2012

My future and my children future is in Asia

Jim Rogers: Yes I’ve voted with my feet. I’m just up the road from you , just up the airline from you, as you know. We’re here, this is where the future is, my children speak perfect Mandarin like natives. Their future is in Asia; therefore my future is in Asia. Asia’s going to suffer, don’t get me wrong. When the largest two economies in the world Europe and the US have problems, everybody’s going to suffer. Asia will suffer less than the developed world. - in finnewsnetwork.com.au

Jim Rogers outlook for Spain

Jim Rogers : And the next time America has a problem the world will have more of a problem, but the world doesn´t have many bullets left. I mean they cannot continue to increase the debt by staggering amounts of money which is just not possible, and we cannot print huge amounts of money anymore. So the next time around, Spain, Europe, America, the world, are all going to be badly affected with more bankruptcies. I don´t know exactly who, when or where. Spain is not in bad shape as some countries. Spain is in bad shape. They do have a new government which says they understand the problem and says they´re going to do something. Let's hope it does and then Spain will not go bankrupt. - in El Economista

Jim Rogers outlook for the BRIC Nations

Jim Rogers : no, no. I am short India, I am short Russia and places like that, but not -- Brazil is a huge natural resource-based economy. when there is a commodity bull market they do well. unfortunately I am not long Brazil. I have no positions. the unfortunate thing is the new government is starting to do some foolish things which i think will not make them participate as much as they could have otherwise. - in CNBC

I own the Renminbi and when I can I buy more Renminbi

Jim Rogers : In China, I am doing nothing. I own Chinese shares. Whenever Chinese shares collapse, I buy more, but they are not collapsing yet. The only thing I am doing in China is I own the Renminbi and periodically when I can I buy more Renminbi. You can’t just pick up the phone and buy a lot Renminbi but there are ways to buy it and commodities. I mean if you want to play China, commodities are a great way to play because they have to buy cotton, they have to buy lead, they don’t have any choice. - in The Street
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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