Legendary investor Jim Rogers and his family are moving to Singapore. He's been bullish on China for years.
He likes adventures and thinks Asia is where the action is going to be. He said moving to Asia in 2007 is like moving to New York in 1907 or moving to London in 1807.
He and George Soros co-founded The Quantum Fund decades ago. He once accepted an invitation to teach at Colunmbia University with the condition he could use the squash court for free.
One of the things he required his students to do is to study in detail and know every big financial boom and bust in history. He bought his Manhattan residence for US$ 107 K in 1976 and recently sold it to oil tycoon Hunt's daughter for US$ 15 million before moving to Asia, a 150 fold return in 31 years which means it doubled in value every 5 years. Not bad at all.
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