Saturday, July 16, 2011

Long the Euro - The Eurozone will survive

"Obviously the euro ... is under pressure right now and the European Union is being tested. I suspect they are going to pass the test and I suspect the euro is going to survive, at least this time around., My portfolio basically has got long currencies and commodities, and I’m short emerging markets and I’m short technology stocks. I’m short a big American bank, I’m short American government bonds. That’s essentially where I’m investing these days." - in investmentweek.co.uk



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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