World Ch. Schedule : KST
* Date : 2019-03-09
"You should come to Korea. Korea is going to be an extremely exciting country for the next 10, 20 years."
"Donald Trump should take the American troops home tomorrow and say guys, [North and South Korea] this is your problem. You sort it out. President Moon should go up to the border and open the border just like in Germany."
"North Korean leader Kim Jong-un and President Moon should meet at the border, take down the border and have a K-POP concert."
- Jim Rogers (March 2019)
The highly anticipated North Korea, U.S. Summit in Hanoi ended without an agreement, but the North continues to show signs of interest in opening up its economy and financial experts around the world are taking note of its outstanding growth potential.
But, few have been as vocal, proactive, and for so long as this legendary investor.
Jim Rogers, chairman of Rogers Holdings, first made his name cofounding the Quantum Fund in 1973 whose portfolio then gained an extraordinary 4-thousand-2-hundred percent in the next ten years to follow.
An author of several investment bestsellers and a popular commentator on financial news for his quick wit and brilliant investing insights, the American businessman has had his eyes fixed on an unusual investment destination for years - even before the thawing of inter-Korean relations last year - North Korea.
As early as in January 2015, Rogers said he would invest his entire fortune in North Korea, only if he could.
More than four years later, the billionaire is an outside director of a South Korean resort developer in North Korea's Mt. Geumgang where he expects the now-stalled joint inter-Korean tour program will resume well within his three-year term.
For the investment legend's thoughts on North Korea and the Korean Peninsula as a fantastic investment opportunity, what that means for the South Korean economy, why he offloaded all of his Japanese holdings and his forecast of the global economy, Arirang TV's chief anchor Connyoung Jennifer Moon speaks to Jim Rogers for Arirang Special: Jim Rogers On Untapped Prospects.