Monday, October 29, 2012
Jim Rogers: With Stocks, if you are a good stock picker you will certainly make a lot more in a Stock than you will in the commodities itself
Daily Bell: How about mining stocks? Should people hold them or are they down for the count?
Jim Rogers: Well, with stocks, if you are a good stock picker you will certainly make a lot more in a stock than you will in the commodities itself but you have to be a good stock picker. Studies show that more money has been lost in gold mining stocks over the past century or so than any other sector, including railroads and airlines. You've got to be a good stock picker to buy gold stocks, silver stocks. You know, Mark Twain said the definition of a gold mine is a hole in the ground with a liar at the top. If you are a good stock picker, by all means, you'll make a lot more money but I don't usually buy gold stocks because I don't know enough and I'm not smart enough. - in Daily Bell interview Oct 14 2012
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%.
Jim Rogers New Book :
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: Bernanke to Leave Fed to Avoid ‘Hangover’ Aftermath of His Tactics – YouTube - Check our website daily at http://www.figanews.com Jim Rogers: Bernanke to Leave Fed to Avoid... <<<< This is just a summary please visit http://gold-silv...5 hours ago
A Conversation with Professor Nouriel Roubini and Google's Eric Schmidt and Jared Cohen - On Monday, May 6, Professor Nouriel Roubini talked with... [[ This is a content summary only. Visit my website : www.nourielroubini.blogspot.com for full s...17 hours ago
Marc Faber : The Whole Financial System will Implode at a certain time - Marc Faber : "I Don't think all of Gold, Silver... [[ This is a content summary only. Visit http://www.marcfaberchannel.blogspot.com for the full story, >>...18 hours ago