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%.
Wednesday, January 8, 2014
Lessons Of History
Every few decades throughout history, we've had periods when the
financial types were the masters of the universe, followed by decline,
and then when the drawers of water and the hewers of wood, the people
who produce goods, were the masters of the universe. - in The Take Away
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%.
The Bull Market In Commodities Is Not Over Yet
This bull market in commodities has been going on for 13 years, which is
a long time, but I still don't see a major supply. Until supply starts
coming in in a big way, you're not going to have the end of the bull
market. - in Business Times Singapore
Related: ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return
ETN (NYSE:RJA), PowerShares DB Agriculture Fund (NYSE:DBA), United
States Oil Fund LP (ETF) (NYSE:USO), SPDR Gold Trust (ETF) (NYSE:GLD),
iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE:BAL)
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%.
Money Printing Will Kill Japan
“The Japanese Central Bank has said that it will print unlimited amounts
of money. That's their word and they're doing it. When people look back
20 years from now they'll say that's what killed Japan, but in the
meantime, all the staggering, unlimited amounts of money have got to go
somewhere and it's going to go into Japanese shares.” - in Mineweb
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%.
Money Is Flowing Into Japanese Shares
“The Japanese Central Bank has said that it will print unlimited amounts
of money,” he says. “That's their word and they're doing it. When
people look back 20 years from now they'll say that's what killed Japan,
but in the meantime, all the staggering, unlimited amounts of money
have got to go somewhere and it's going to go into Japanese shares.” - in Mineweb
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%.
India Is Blaming Gold For Their Problems
“They've got a huge balance of trade deficit and the three largest parts
are oil, gold and cooking oil. They cannot do anything about oil or
cooking oil, so they're attacking gold, blaming their problems on gold.
Gold has not caused their problems, gold is a symptom of their problems,
but politicians are pretty simple-minded people and they look for the
easy answer.” - in Mineweb
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%.
The Risks Of Currency Debasement
Throughout history governments have tried to debase their currency in
the hope that they would somehow get better down the road, but it’s
always gotten out of control. The debt has gotten higher, the money
printing makes people feel better for a while but in the end its higher
inflation, higher interest rates and then you have serious, serious
problems.
Once inflation starts rising and gets out of control, it’s very hard to kill it. - transcript from a video interview
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%.
Labels:Jim Rogers
Currency Debasement
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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 "