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Would You Believe Jim Rogers Is a Big Fan of Investing in North Korea?

May 24, 2013 | About:
Canadian Value

Canadian Value

That isn't a typo. One of Rogers' favorite places to invest right now is North Korea.

You would think that would be one of his least favorite given the obvious political risks involved.

So why does the investment biker like one of the original members of the "Axis of Evil?"

Rogers thinks that within a few years there will be a merger of North and South Korea which will create a dynamic new country. The combined country will be a good mix of cheap labor and resources in the north and capital plus management in the south.

When asked for when that merger might happen, Rogers suggests 2018 as his best guess.

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Canadian Value

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