Thursday, September 18, 2014

Jim Rogers not a big fan of Tech Stocks

I don't invest in technology. I periodically do on the short side because I don't understand it and I really couldn't tell if the guys are doing a great things or not. 

I certainly see some stock prices, I certainly see some some companies. Amazon has built a gigantic company, they don't make any money but that's by design. Is that the right way to do it ? I don't know, you could ask me in 30 years. I don't buy those stocks so I try to stay away.

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.