March 24, 2012

Jim Rogers believes Myanmar is like China 34 years ago

The legendary investor Jim Rogers points out that fifty years ago Myanmar was the richest country in Asia but now it’s the poorest but that soon is going to change. The country is starting to open just as China did 33 years ago. He finds it extremely exciting for investors who have access to invest there. Unfortunate US citizens can not invest in Myanmar (former Burma) at this moment as Jim Rogers is not allowed to. Still if he could, he would invest big there. Myanmar is good place for investments.

Jim Rogers is an great investor, author and respected financial commentator. He is a regular guest on different TV programs like these of Barron's, FT, Wall Street Journal, New York Times, Fortune and CNBC. Rogers is the president of Rogers Holdings and Beeland Interests.

James Beeland Rogers is an American investor and author. He is currently based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund with George Soros. During the next 10 years, the portfolio gained 4200%, while the S&P 500 rose less than 50%. Rogers then decided to retire – at age 37. He is the creator of the Rogers International Commodities Index (RICI).

In 1990-1992, Jim Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analyzed the countries through which he traveled for investment ideas.

Jim Rogers is well known in the investment arena as a prophet with hundreds accurate views on economic and investment events.