George Soros was asked about Jim Rogers his ex partener in the Quantum Fund which they founded together in 1970...he said "Jim Rogers used to work for me " ! "he is a wonderful security analyst, he worked tremendously fast , he did the job of 8 people , so we had a very successful partenership , but he did not want another 7 people working next to him , so we had to part company...and since then I do not think he had been such a great investor , but he was a very good analyst...his approach is very similar to mine obviousely...." "Warren buffett has a very different approach he looks at fundamentals...." added George Soros...this was recorded june 11 2009 on CCTV a Chinese TV...
In 1970, Jim Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the portfolio gained 4200% while the S&P advanced about 47%. It was one of the first truly international funds.
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
Soros' first interloquitor is quite arrogant. I bet he does not realize that China miracle is yet another bubble and he is living in it.
ReplyDeletePLEASE can you post the full video. It would be greatly appreciated.
ReplyDeleteMany thanks.