Friday, July 8, 2011

China hard landing


"If that scenario [China hard landing] takes place, you are not going to make any money on Toyota, you're not going to make money on IBM. The stocks will go down a lot." Jim Rogers in CNBC

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%.

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