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, September 15, 2009
All the money is in Asia now We will have currency crisis CNBC Jim Rogers
Lehman Brothers one year later what has changed ?
“I don’t think much has changed at all because we haven’t allowed anything to sort itself out,” Vince Farrell, CIO of Soleil Securities, told CNBC Monday. While he said that it isn’t bad that we’re “back to business as usual,” he thinks “we need some fundamental change.” Jim Rogers, CEO of Rogers Holdings, joined the discussion
we need less government and less regulations , let the system clean up itself
When Somebody Fails, You Let Them Fail Jim Rogers on CNBC Sept. 14 2009
Jim Rogers, CEO of Rogers Holdings, told CNBC Monday that when Lehman Brothers failed he thought “thank goodness they’re finally letting somebody collapse.” He said that “when somebody fails, you let them fail,” and that former US Treasury Secretary Hank Paulson “should have let ten people go bankrupt.”
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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 "