Thursday, December 15, 2011

Germany should lead Europe

Legendary investor Jim Rogers was interviewed by the German TV channel DAF on 12.12.2011 : "Germany is the largest and most powerful and richest and most successful country in Europe so normally they should be the leaders of Europe when you have successful and rich people , so yes Germany should be in charge , But the Germans right now as I said are making mistakes I don't think they are doing the right thing either , what would probably happen if they keep making mistake after mistake after mistake , all the leaders are going to be thrown out they are going to be replaced by other people and we'll see what happens " Jim Rogers says regarding the position of Germany becoming too dominant inside the EU

Jim Rogers, American Hedge fund manager and commodity bull, criticizes the debt policy of the EU and explains why he expects everything to end in a mess. Furthermore, the "gold bull" explains in an interview with DAF why ...

Street Smarts: Adventures on the Road and in the Markets

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 "