Thursday, July 7, 2011

Investors who are shorting China are wrong

"Those guys have been dead wrong for two years. Chanos said two years ago he was shorting China and it's going to collapse,"

"I know Jim and I like Jim and admire Jim but he's been dead wrong for two years, I hope he's still solvent. If he did the things he said he's doing, he's losing a lot of money," - in CNBC

Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).