Thursday, January 8, 2015

Jim Rogers on PHOR and being director

Jim Rogers opinion on PhosAgro (MCX:PHOR) 

It’s one of the largest fertilizer and phosphorus companies in the world. It’s run by a bunch of young guys now. And, I mean, it’s a big, big company, even though it’s run by young guys. And I became a director in September, I guess, it was – and partly because I’m bullish on agriculture and partly because I’m bullish on Russia. The Ruble of course, has been a disaster since then, but this stock is still up.

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.