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, November 3, 2011

It is not easy making money in The Market

Jim Rogers : ...did anybody ever tell you that it is easy getting rich ? that it is easy making money in the market ? I hope not you should watch FOX and you'll find out that it is not easy making money , but it can be done people can make money in the stock market people can make money in the commodities market if they do their homework and they figure it out , I am not suggesting this is easy , It has never been easy for me to invest in the market but every once in a while even I do get it right - in Fox Business News

The agriculture supply problem all around the world is terribly serious

Jim Rogers : throughout history we had long bull markets and long bear markets i commodities , bull markets have lasted for about 20 years so the bear markets have lasted for about 20 years it takes a long time to bring a mine on swing or to discover oil or whatever it happens to be , the agriculture supply problem all around the world is terribly serious the average age of a farmer in America is 58 , in Japan it is 66 in Australia is 58 , we do not have any farmers who is going to be producing food in ten years ? are you going to go into the fields ? I doubt it - in Fox Business News

We can have a bull market in Commodities even in an economic slowdown

Jim Rogers : ...certainly the decline of demand (in commodities ) will hurt (the prices) , the problem is that we have also a supply problem , with commodities it's supply and demand and you can have demand go down such as in 1970s but still have a huge bull market because supply goes down faster in the 70s stocks and the economy around the world were in trouble but we had one of the greatest bull markets in history in commodities because supply was so bad - in Fox Business News

Jim Rogers expects US economic slowdown in 2012 or 2013

Jim Rogers : I would suspect the agony would be in 2012 may be in 2013 because if nothing else every 4 to 6 years throughout history we had an economic slowdown in the United States for many many different reasons , we are overdue , we are overdue in 2012 - 2013 , when the next slowdown comes what's America going to do ? we cannot quadruple our debt again we cannot print staggering amount of money again so the next slowdown is going to be even worse than 2008 which was worse than 2009 too , so things just keep on getting worse and the debt is getting higher and higher ....- in Fox Business News
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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