JIM ROGERS

JIM ROGERS

Monday, September 24, 2012

Jim Rogers : The People who caused the Problems in Wall Street walked away with Millions of Dollars

Jim Rogers : it is ludicrous that you have these people in Washington who are quote saving the world , but these are the people who few of them saw the problems coming few of the people running wall street companies saw the problem coming and yet they all walked away with tens of millions of dollars , the guy who ruined Merrill Lynch is now extremely wealthy man the man who ruined Citibank is now an extremely wealthy man the guy who was the head of US Stock Exchange walked away with hundreds of millions of dollars , it's absolutely outrageous what these people got away with and now they are still turning around , I mean you go down to Washington the people who caused the problem Bernanke Greenspan the guys at the federal reserve are now supposedly saving us from the problems , they are making the situation worse they never saw it coming in the first place they didn't understand it they don't understand it and now they are making it worse ....
- in The Bubble Movie
Click here to watch the full interview>>>>>>

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 "