JIM ROGERS

JIM ROGERS

Friday, June 1, 2012

Jim Rogers : Be very worried about 2013 and 2014

Jim Rogers : " Kathleen every four to six years since the beginning of the Republic, we've had economic slowdowns, we've had recessions. Always. It's coming again, now you can add as well as I can 2013 or 2014, we're going to have another slowdown, whether it's caused by Europe or who knows what going caused it, but it's coming . This year it is going to look good and feel good , because Mr Obama is going to give a lot of good information it may be manipulated information but he is going to put out a lot of good information he is going to spend a lot of money he is going to print a lot of money to get us through the election , be very worried about 2013 be very worried about 2014, because that's when the next slowdown comes. In 2002 we had a recession in 2008, it was worse because the debt was so much higher, it is going to be even worse because the debt is so staggeringly high now. So if you are not worried about 2013, please get worried
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 "