Monday, May 11, 2015

China stock market still much below their historic highs

I'm buying markets that are depressed. China's stock market is now about 40 percent below their historic records, Japan's stock market - 50 percent. I'm still very bullish. I'm still buying more China stocks as we speak. We are supposed to buy when things are difficult.

Right now for a variety of reasons the Chinese are trying to encourage their capital markets, the population is pouring into the market, so is the rest of the world and so am I. 

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.