JIM ROGERS

JIM ROGERS

Tuesday, October 18, 2011

Jim Rogers Video Interview with Smart Money

Smart Money interviewed global Investor Jim Rogers about how to preparer your kids financially for the 21st century , he explains why mandarin will become the dominant language for business why you you should move to China and go into farming.and for your children to be successful you should Teach them to save money, encourage them to learn to speak Mandarin and look to agriculture as a career. "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 " Jim Rogers always says "whether you like it or not and so if you want to be successful in the 21st century you have a leg up if you know China and if you know Asia , I am trying to teach them the importance of saving and investing , we make them work for their money we make them save as much of their money as possible , if you look at America and the west everybody is spending consuming and borrowing that's not the way things are done in Asia " Jim Rogers added






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 "