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%.

Saturday, September 17, 2011

Jim Rogers video interview with The Wall Street Journal - Sept 15, 2011

Jim Rogers : Singapore is certainly going to be the business center of what you call South East Asia , Hong Kong is going to be a major financial center of Asia , Singapore and Hong Kong will probably be the two and Singapore certainly of this region , it is one of the great advantages that Singapore has is they have both the English and the Chinese language but so does Hong Kong , but it's an open and law abiding society so Singapore will certainly become the financial center , may be the financial center of Asia and one of the financial centers of the world in the next couple of decades . Many people want to be in Hong Kong because it is the gateway to China on the other hand it's the gateway to China and if China changes its mind about anything or if Beijing takes a different approach that might not be so good , Singapore is certainly neutral for all the countries in South East Asia , Hong Kong is viewed as part of China , now that's good and bad , So Singapore has a big advantage , The Indians for instance they rather come to Singapore rather than to Hong Kong, many people would rather come to Singapore rather than to Hong Kong because they don't know what's going to happen in China . many south asian Chinese had rather come to Singapore than China . But there are advantages to both ....

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%.

I still dont expect to make as much in gold as I would in other commodities

Jim Rogers : The supply and demand dynamics for gold have been different from other commodities for two or three decades. I own some gold, but I’ve always tried to explain to people that they would make more money in other commodities than they would in gold,because of the supply and demand dynamics. Now that has been true for the last decade or so. Take lead for instance, in fact,you would have made a lot more money over the past thirty years, the past twenty years, the past ten years, than you would have in gold. But if you own gold, I still don’t expect to make as much in gold as I would in things like corn and soy beans. But I own it. - Jim Rogers interviewed by Peter Schiff



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%.

Canada offers better investment opportunities than the U.S

Jim Rogers : One of the reasons for their (Canada ) problems was that commodities were cheap, and Canada is a commodity-based economy. So, of course they had huge problems. So did other countries whose economies were driven by commodities. Partly because of those problems, it forced some of the Canadian politicians to wake up.They have now had a balanced budget for, I think, eight years ina row. They have had a trade surplus for ten years in a row. And now of course, they have the bull market in commodities at their back. Because of the great long-term commodity outlook, as well as some other reasons, Canada offers better investment opportunities than the U.S - Jim Rogers interviewed by Peter Schiff of Europacific Capital




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%.

Learn about investing outside of the U.S.

Jim Rogers : Well, in 1918, the U.K. was the richest, most powerful country in the world. If you looked at a map of the world, it was all red – the British Empire was everywhere. But there was a lot of corrosion underneath. And within three generations, the U.K. was bankrupt. The U.K. could not sell government bonds. It had to be bailed out by the IMF. Now, it certainly had some rallies along the way. Sometimes things got better... or looked better. But the trend was always down. Starting in 1979, the U.K. had a revival when the North Sea oil started flowing. Over the next 20 years or so, the U.K. had a huge boom in oil production, which made things much better in the U.K... And of course, there was the stock market bull market, which made the City of London more exciting and prosperous. But now, the North Sea oil is declining and the city of London is going into decline, just like Wall Street and financial centers all over the world. As unlikely as it appears, these things happen... And they're happening in the U.S. right now. So I keep looking for what could happen to cause a revival in the U.S. We have agriculture, but even our agriculture is facing problems. Conceivably, we have a lot of shale gas. If that technology is ever perfected, that would help the U.S. But these things are not enough to turn the U.S. around permanently, just as the North Sea was not enough to turn the U.K. around permanently. So, no... Right now, I'm not bullish on the future... And I would urge everyone to learn about investing outside of the U.S. - in Daily Crux



 
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%.
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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