JIM ROGERS

JIM ROGERS

Thursday, November 14, 2013

This is where Jim Rogers is Investing Today


Where would you invest? Emerging Asian countries appear to have withstood the current crisis. Is the next round of crisis round the corner?
 
Jim Rogers : Russia. I’ve also bought few shares in China recently. That is all for the moment. I’ve invested in Myanmar five years ago, but I am not buying new in Myanmar now. If something new comes up in Myanmar, I would like to invest. I would love to invest in North Korea, but I cannot as I am American. Most stock markets around the world are artificially high because of the artificial sea of liquidity that is going on, and this ocean will run out. It may not dry up for the next three years, but I am not rushing in and buying.
No, I don’t think the next round of crisis is coming soon; individual countries may have some problems. I don’t see a global crisis coming soon because everyone is printing money. In America, there is no constraint on printing money and there is no constraint on government spending because of recent actions. Japan is not going to slow down printing money. There are no constraints on this madness that is going on. But, this is madness and will end in disaster. The disaster may not come till 2017. - in livemint


Jim Rogers

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 "