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%.

Wednesday, March 13, 2013

Jim Rogers : If you really want to get rich now, you should go to North Korea


Jim Rogers : “If you really want to get rich now, what you should do is go to North Korea,” he said. But investing in North Korea isn’t easy. “You can buy stamps or you can buy gold or silver coins,” Rogers explained. “There’s no stock market.” - in smartplanet


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 and Lockheed Stock

Jim Rogers : “I was at a dinner with a lot of young Wall Street hot shots, and they were all going around talking about their great stock ideas. I started talking about Lockheed. It was the first time I’d ever been invited to this dinner. One of the guys at the other end of the table whispered loud enough so that I could hear, ‘Who buys stocks like that?’ I, of course, was a little embarrassed and ashamed, but the stock went up,” he said. (Lockheed appreciated 4,000 percent from 1973 to 1983.)
At Quantum Fund, unconventional thinking was invaluable. “I did most of the research,” Rogers writes in Street Smarts. “What interested me was turning over the rocks and pursuing leads, discovering what was going on in the world and predicting where things were headed.” It was also profitable. In 10 years, the fund grew 4,200 percent. -  in Street Smarts

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 : Most people don’t think for themselves

Jim Rogers : “Most people don’t think for themselves,” Rogers said. “Most people just go along with whatever they see in the newspapers or the TV or whatever their friends or teachers say. That’s a terrible, terrible mistake because most of those people don’t wind up being terribly successful in life.” - in smartplanet

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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