Monday, January 25, 2010

Jim Rogers Bernanke Should resign and abolish the FED before he does

Jim Rogers latest Bloomberg Interview 25 January 2010

Jan. 25 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, and Kirby Daley, a senior strategist at Newedge Group's prime brokerage business, talk with Bloomberg's Bernard Lo about the prospects for Federal Reserve chairman Ben S. Bernanke's reappointment.

Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver

Jim Chanos sees Monumental Property Bubble in China

Jan. 25 (Bloomberg) -- Jim Chanos, founder of Kynikos Associates Ltd., talks with Bloomberg's Margaret Brennan about China's real estate market and investment strategy for the region. Chanos, speaking from London, also discusses regulatory proposals for hedge funds. (Source: Bloomberg)

Jim Rogers on commodities stocks bonds and equities

Jim Rogers

"It's weird from my own experience , I knew that investing in commodities was no more risky than investing in stocks or bonds - and at certain times in the business circle commodities were a much better investment that most anything around . Some investors made money investing in commodities when when it was virtually impossible to make money investing in the stock market . Some made money investing in commodities when the economy was booming and when the economy was going in reverse . And when I pointed out to people that their technology stocks have been more volatile than virtually any commodity over time , they nodded politely and kept looking for the next new thing in equities"
Jim Rogers from his book Hot Commodities : How Anyone Can Invest Profitably in the World's Best Market

Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver

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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

Mr. Jim Rogers is Independent Director at Xylem, Inc., a Member-American Section at Société de Chimie Industrielle, a Member-Executive Committee at Sequoyah Corp., a Member at The Business Roundtable, and a Member-Executive Committee Sequoyah Council at Boy Scouts of America.

He is on the Board of Directors at Xylem, Inc. and LORD Corp.

Mr. Rogers was previously employed as a Member by American Chemistry Council, Inc., President by United Way of Greater Kingsport, Executive Chairman by Eastman Chemical Co., Chairman & Chief Executive Officer by Eastman Ventures, Chief Financial Officer & Executive Vice President by Building Materials Corp. of America, Chief Financial Officer & Executive Vice President by GAF Corp., Executive Vice President-Finance by International Specialty Products, Inc., Treasurer by Amphenol Corp., Vice President-Finance by Morgan Guaranty Trust Company of New York, and Naval Aviator by United States Navy.

He also served on the board at Genencor International, Inc.

He received his undergraduate degree from the University of Virginia and an MBA from The Wharton School of the University of Pennsylvania.