JIM ROGERS

JIM ROGERS

Tuesday, November 25, 2014

Jim Rogers : One Yuan to be worth one US Dollar in 25 Years

American investor Jim Rogers says the Chinese yuan may appreciate to a value the same or even higher than the US dollar in the next 25 years, also predicting that gold may drop to US$1,000 per ounce before rebounding, reports the financial news website of Chinese web portal NetEase.
Giving a media interview in Beijing, Rogers said the renminbi will continue the process of becoming a currency that can be traded freely in the international market and that its value will rise as it does so.
The end of the Federal Reserve's quantitative easing program is not necessarily a good thing for the United States since assets may go to countries like Japan which have eased their monetary policies to a greater extent, said Rogers, who holds Japanese stocks.
Read More >> http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20141125000058&cid=1203







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, November 24, 2014

Jim Rogers Warning : A New Financial Crisis Around The Corner

Jim Rogers : "It may not be at the end of 2015, but certainly we are overdue in having another crisis. We are going to have one sooner or later because of currently there is so much debt. There has been a lot of money printed which has made many parts of the economy very artificial,"
"What's happening now is because of this. This artificial sea of liquidity has helped a lot of people, now they are changing their money into dollars and they think it's more stable. Some emerging countries had benefited from this massive flood of artificial liquidity, and now they are suffering because this tide of money has been depleted,"



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, November 23, 2014

Investing in Bubbles, you will make staggering Amounts of Money




Jim Rogers : When I went to Wall Street I was stunned by what I would hear. How trees can grow up to the sky. Stocks cannot go down. I grew up knowing it wasn't easy to get money and it wasn't easy to make money.That gave me some grounding or reality or skepticism or something, which at times has stood me in good stead, because in the backwoods of Alabama if you came in and said some of the things I was told on Wall Street, they would run you out of town. They would know you were nuts. So that's helped me.On the other hand, it's made me miss some bubbles. Because if you can invest in bubbles, you will make staggering amounts of money, Henry. And that's why you need 26-year-olds, Henry, because they don't know any better. Unfortunately since I did grow up having a sense of reality and grounding, I've missed some bubbles because I knew too much, if you will. I was too smart for my own good. There's nothing more exciting than finding a bubble or two if you can if you can invest in it artfully. I cannot. I am not any good at it. - in Business Insider  Nov. 2014



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 "