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%.

Thursday, January 13, 2011

Jim Rogers : there may be a bubble in Chinese urban real estate

Jim Rogers :...I guess I do not like things on those terms, but I will tell you what I am doing. I am selling short United States government bonds, the long bonds. Everybody seems to be optimistic. Even I felt unsure when Mr. Bernanke said he was going to buy them. I thought I was being foolish, but I am making a little bit of money right now. But as I look around the world, that is one of the few bubbles or potential bubbles that I see. Well, one should go the other way where there is a market, there may be a bubble in Chinese urban real estate. It is not really many ways for me to play that but the only bubble that I see in public markets is the long-term government bond market in the United States. ..."
via ET Now

El-Erian : Europe Banks Need to Raise Capital

Jan. 12 (Bloomberg) -- Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., speaks about Europe's financial crisis and banking industry. He talks with Tom Keene and Ken Prewitt on "Bloomberg Surveillance." Bloomberg's Betty Liu also speaks. (Excerpt. Source: Bloomberg)

China Market Watch



Jan. 12 2011 |When inflation in China peaks, Aadil Ebrahim, managing director at Bowen Capital Management, is expecting a major rally in the country's benchmark Shanghai Composite. He explains why to CNBC's Adam Bakhtiar and Oriel Morrison.
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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