Wednesday, May 27, 2015
Jim Rogers on why TPP is so secret
The biggest trade deal in a decade is on its way to being fast-tracked through the U.S. Congress, which if happens means no debate, no amendments. What makes TPP or Trans Pacific Partnership different? It stands out in size. But it’s surrounded in secrecy. Singapore-based investor Jim Rogers is In the NOW
"In the Now" with RT's Senior Political correspondent Anissa Naouai is the first dedicated nightly Primetime show to air live out of our Moscow headquarters. Host Anissa Naouai has worked in the field for almost a decade and has reported from over 80 cities across the globe. Now from Monday to Thursday viewers can enjoy fresh, honest, and hard-hitting news coverage on some of the world's most pressing issues with one of RT's most experienced journalists . We'll put the spotlight on stories you'll never hear on mainstream networks or even in RT's daily news bulletins. "In the Now" - 8pm Moscow, 6pm London, 1pm New York.
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