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 1, 2009

Do not bailout Wall Street Lamborghinis Jim Rogers on Aljazeera 30 Oct 2009

Aljazeera Frost over the World with Jim Rogers & Michael Sandel - 30 Oct 09


Barack Obama, the US president, plans to create a new regulatory council to watch over big financial firms and step in before they collapse. The reform plan is designed to ensure no company is ever again deemed too big to fail, and that shareholders and bondholders can no longer expect government bailouts. Investor guru, Jim Rogers, joins Sir David from Singapore to talk about the new plan.
Imagine you are the driver of an out of control trolley car hurtling at speed towards five workers who are trapped on the line. You can divert the trolley to another line where there is only one worker and save the lives of the other five but it would mean killing him. What should you do? That is the kind of question that Michael Sandel poses to his students at the phenomenally popular course he teaches at Harvard.
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 "
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