JIM ROGERS

JIM ROGERS

Friday, February 27, 2015

Jim Rogers: India has the worst bureaucracy in the world

Jim Rogers: India has the worst bureaucracy in the world. I really wish India had gotten rid of some of its bureaucratic tangle. I would really like the markets to determine what happens in India, or for that matter, in the world.

I expect sugar prices to be near their low at these prices. I expect prices will go higher. Things in India might be better if the government gets out of the sugar market.

Raghuram Rajan is one of the better central bank governors in the world. But I do not say the RBI is good. I am just saying that it is less bad than other central banks.

Will the RBI Governor cut more rates? I do not have a clue. I am sure it depends — at least partially — on political pressure. It is also going to depend on what happens with the Indian economy and with the coming budget.

I am optimistic that agricultural prices will continue to rise for some time to come.

If the Budget 2015 comes in with sound economics — with spending changes, tax reforms, subsidy cuts, maybe labour reforms — then the rupee may go higher and continue to be a strong currency.








Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Wednesday, February 25, 2015

Jim Rogers : The US Dollar Is my largest Currency Position at The Moment



Jim Rogers : I own US dollar at the moment and it's not because I have confidence in the dollar. It's my largest currency position because when more turmoil hits global markets the next time, many people will flee to the US dollar thinking that it's a safe haven as there are no other alternatives. I am not selling my dollars... probably I might buy more.





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Tuesday, February 24, 2015

Jim Rogers : India must open its Economy more



What can India do to retain the interest among foreign investors?

Jim Rogers : India must open its economy more. The major problem about the economy is it's overprotected, and it's one of the reasons why India is not growing as fast as it should be. To buy Indian shares is not easy as it's overprotected and there is a need to change. The authorities should make the currency convertible and the markets open and get away with a lot of regulations and control. Otherwise, India will never live up to its potential. - in Economic Times of India





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
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Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "