"At the moment I am mainly looking at Russia. In fact, I am buying shares in Russia right now. I own Russian government bonds in Roubles as well. The interest rates are very high there. So yes, I am interested in both. Russia is very cheap compared to markets all over the world. The main problem is stocks in much of the world are up and I prefer not to buy when things are going up and I know that there are going to be some problems in the markets in the next year or two. My hope is that when problems come to the world markets, I am smart enough to buy lots of stocks."
via economictimes
Jim Rogers co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
