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%.

Sunday, May 1, 2011

I am still optimistic about agriculture

Jim Rogers : I am still optimistic about agriculture. Prices are up, but they are not up near enough to bring new investment capital into agriculture. We have a shortage of farmers developing around the world. We have shortages of everything in agriculture.
The average age of farmers in some agricultural states in the US is 58-year old. In 10 years if they are still alive, they will be 68-year old. In parts of Japan, there are huge vast empty fields because there is nobody to farm. We have serious problems facing us. Prices have to go much higher in order to attract people into agriculture and to attract capital.
in ET Now interview


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
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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 "
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