Monday, September 29, 2008

America's Lost Decade

This is the Jim Rogers, the "Indiana Jones" of finance. He is probably one of the best worldwide investors alive. He travelled the world a few times and is in the Guiness Book of Records for his accomplishments.
He was one half of the best hedge fund that ever existed: The Quantum Fund.
From 1970 to 1980 (US economy collapsed during the 70's) the stockmarket did go up 47%, his fund went up 4000% (no typo, 4 thousand).
He didn't work for Goldman Sachs and is a TRUE economist, this is his take on the markets.

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