Friday, January 13, 2012

Jim Rogers shorting Brazil, India, Vietnam but not China

Jim Rogers : To some extent, I do not agree. Although since the beginning of 2011, I have been shorting the emerging markets, including Brazil, India, Vietnam, U.S. technology stocks, and some European stocks, but I did not short China.China is the world’s largest creditor. The mainland of China, Singapore, Hong Kong, and other Asian regions gather a lot of capital and assets, so I suggest people to move to Asia in the future, and teach their children to speak Chinese. In some aspect, the future opportunities remain in China and Asia.- in Shanghai’s First Financial Daily




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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