Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Monday, April 28, 2014
Brazil: The Next Great Country in The World?
Part of the problem with South America is they constantly come up with
these absurd governments. You see what is happening now with Argentina
at the moment. Brazil is full of natural resources and I am wildly
bullish on natural resources but the Brazilians say, this is not me
saying this, the Brazilians say, "Brazil is the next great country in
the world. It always has been, and it always will be." And then you ask
them why and they say, "Look, Brazil is a God chosen country. This is
the one that it is the best, he gave us everything but then he sent the
Brazilians to run Brazil."
The current leader of Brazil, I am sure she is a wonderful woman but she
is also making many of the mistakes which Brazilian politicians
historically don`t make until bear markets come to Agriculture.
Related ETF: iShares MSCI Brazil Index ETF (EWZ)
Jim Rogers is a bestselling author, financial commentator and successful 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).