Tuesday, July 1, 2014

Wars get started over the smallest things

Its always astonishing to me that the world might come to and end over a few rocks over the ocean. 

But having said that if you go back to where most of the wars have been started, its always been absurd. This guy does that, that guy does that, another guy does that, first world war is the perfect example. Then they say how did we get in this, how do we get out of this. Next thing you knew is hundreds of thousands of people were dead. Vast amounts of capital is squandered. Its a gigantic waste. Its all because of a few foolish things that got everyone going. In all the wars if you look back, is politicians do foolish things and next thing you know is a bunch of 20 year old's shooting at each other.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.