Thursday, October 29, 2015
Bureaucrat in Washington Bring The World to War
James West: Okay. So it’s been suggested in other quarters that the Russian involvement in Syria is really a political tactic on their part to extract a favourable outcome in the form of tacit cooperation from the United States on their position in the Ukraine. In other words, the US would sort of turn a blind eye to what they’re doing in the Ukraine, if they extract a promise from Russia to get out of Syria. What do you think of that?
Jim Rogers: Well, I mean, we can make all sorts of suggestions, and maybe so, but the problem is, and unfortunately, for all of us who are American, you know, we started this thing in Ukraine. You know, we started the thing in Syria. And now it’s costing us money and treasure, and perhaps lives, and I hope somebody can figure out a way to get out of both of these situations, because they’re madness in both cases, and it’s none of our business. Why is some bureaucrat in Washington, what was her name? Victoria Nuland? Bring the world to war and massive amounts of money and lives being lost? It’s beyond me, and now the fact that we’re getting involved in Syria is beyond me. Who cares? Let the bureaucrats fight amongst themselves if they want to, but don’t make us pay for it.
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