In the year 2015 in America, the New York Stock Exchange had twice as many stocks down as up, so the market was fooling everybody, but it was fooling everybody because of these eight or ten stocks that went to staggering levels and never went down. So that’s what I shorted, and still am. And by the way, I have not added to that short, I have not covered that short, I am still short, and watching.
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.