Sunday, October 23, 2011

Jim Rogers RBS Conference 22.09.2011, Austria

Jim Rogers on the RBS Conference 22.11.2011, Salzburg, Austria. He talks about the Dollar, China, Euro and the future of the economy.

On the 22nd September 2011 Jim Rogers was a key speaker at an economic conference in Vienna Austria , Jim says that Austria is one of his favorite countries to him and his family and that he is planning to buy property there , later on he narrated his trip around the world with his wife which entered the Guinness book of records , whether we like it or not the 19th century was the century of the UK the 20th century was the century of the US and the 21st century is going to be the century of China , the Chinese call themselves communists but they are the best capitalists of the world Jim Rogers says , the way I approach china he aided is when things go bad in China I try to buy more Chinese shares and get more involved , the best advise of any kind that I can give you is to teach your children and grand children Chinese it is going to be the most important language in their lifetime he explains ....

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 "