JIM ROGERS

JIM ROGERS

Tuesday, September 16, 2014

Jim Rogers on not Investing in Ukraine

“I’ve been to the Ukraine twice in my life and I’ve never been impressed by the government or the management of the Ukraine. You don’t buy something because it is low, because it can go lower and lower and lower.” “If you’ve looked at the Ukrainian government over the past 10-15 years, you know what I’m talking about.”


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%.

Monday, September 15, 2014

Brazil to Compete with the US Dollar

“Brazil, China and Russia could easily put something together to compete with the US dollar,” Rogers said, leaving out one component of the BRICs alliance. “The US dollar is a terribly flawed currency. I’m an American. I hate to say that. But the US has serious problems, the world has serious problems. We need something else” and potentially a competing world currency could be developed. If this were to occur, the US and its economy might be put in a straight jacket as the ability to engage in large deficit spending could be curtailed."
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%.

Sunday, September 14, 2014

In America, more people study public relations than study Agriculture

James West:           So what, in your opinion – what commodities do you see as having the biggest upside for investors in the near future?


Jim Rogers:             Well probably agriculture. Agriculture’s a disaster, and has been a disaster for thirty years – certainly for a decade or two. The world has consumed more than it has produced for at least ten years now. Inventories are running down to historic lows in many commodities.
We’re running out of farmers. The average age of farmers in America is 58, in Japan its 66 – I doubt if you know many people who became farmers from your school whatever your school was or schools were. Because in America, more people study public relations than study agriculture. It’s a dying business. At least as far as the people are concerned. And that’s going to change, because agriculture has to become profitable and exciting. We’re not going to have any food at any price. All those guys are going to die. And all those young guys studying PR are not going to be able to raise cotton or corn or wheat. So I would suspect that’s where the best opportunities are.



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 "