JIM ROGERS

JIM ROGERS

Saturday, September 17, 2011

Jim Rogers video interview with The Wall Street Journal - Sept 15, 2011

Jim Rogers : Singapore is certainly going to be the business center of what you call South East Asia , Hong Kong is going to be a major financial center of Asia , Singapore and Hong Kong will probably be the two and Singapore certainly of this region , it is one of the great advantages that Singapore has is they have both the English and the Chinese language but so does Hong Kong , but it's an open and law abiding society so Singapore will certainly become the financial center , may be the financial center of Asia and one of the financial centers of the world in the next couple of decades . Many people want to be in Hong Kong because it is the gateway to China on the other hand it's the gateway to China and if China changes its mind about anything or if Beijing takes a different approach that might not be so good , Singapore is certainly neutral for all the countries in South East Asia , Hong Kong is viewed as part of China , now that's good and bad , So Singapore has a big advantage , The Indians for instance they rather come to Singapore rather than to Hong Kong, many people would rather come to Singapore rather than to Hong Kong because they don't know what's going to happen in China . many south asian Chinese had rather come to Singapore than China . But there are advantages to both ....

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%.





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 "