"I am pessimistic about stocks for the next couple of years,"
he tells Agrimoney.com.
"The Dow Jones industrial average [share index] is not that
far from its all-time high," making share investment appear, given the abounding
uncertainty and economic disappointments, poor value.
But for Mr Rogers, agriculture is "wonderful place to be".
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
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