March 30, 2009

India`s Problem

India’s politicians are one of the major problems, Rogers told the Wharton India Economic Forum via videolink from Singapore.

The country has the single worst bureaucracy in the world. If a person can deal with that, there are fortunes to be made by investing in India, Rogers said.

Jim Rogers is a legendary investor known for his ability to predict major long term trends in several markets. Jim trades and tracks commodities, stocks, futures and interest rates all over the world. Jim has travelled extensively around the world and has written some of the best investment books available for traders. His latest book is a Bull in China, a book about the chinese stock market.