Monday, March 3, 2014

Jim Rogers: Investing in North Korea

Why Invest in North Korea
I am investing in the future and in change I don’t condone any kind of that madness (human rights abuses) but it’s the change that’s coming that I’m investing in.

Basic Infrastructure
They don’t have anything in North Korea. Internet, telephones, sheets, towels and anything that you are good at there is a market for in North Korea and it will do well.

Potential for future investments
Yes, North Korea has vast natural resources, metals and minerals which have not been fully exported which can be, could be and will be.

Leader of North Korea pictured with his wife

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.