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%.

Tuesday, September 22, 2009

Tamils for Obama warn Jim Rogers on investing in Sri Lanka

An organization called Tamils for Obama wrote a letter to Jim Rogers , warning him that his apparent plans to invest in Sri Lanka will involve him with an increasingly disreputable business partner as news of Sri Lankan government's mistreatment of its Tamil minority during and since the civil war inevitably filter out. This story names some of the damaging allegations the will probably make investing in Sri Lanka embarrassing.they claim that the Lankan government holds over 300,000 Tamil civilians in internment camps.
Jim Rogers recently made a quiet 3 day trip to Sri Lanka "which included meetings with top government officials," the Sunday Times Financial Times reported. "He met several government officials during a hitherto-unannounced visit," the Times reported. "'Yes, he was here and told me - during a long conversation - that he is very bullish on Sri Lanka,' said one official, who declined to be named" the Sunday Times FT added.

A spokesman for Tamils for Obama said "We told him in our letter that investing in Sri Lanka would have unwelcome consequences, consequences he has evidently not considered.

"What we actually wrote," the spokesman said, was "'Don't dive into that pool yet, Mr. Rogers. There are good reasons to avoid Sri Lanka and its bloody-handed government.'"

To see the entire letter go to: www.TamilsforObama.com/Letters/Rogers.html

See the original story at:http://www.prweb.com/releases/2009/09/prweb2910884.htm

Labels:Jim Rogers

1 comment:

  1. Brian BarkerSeptember 22, 2009 at 7:25 PM

    According to the Forbes Rich List, George Soros is now the 28th most wealthy man in the World.

    However Soros would not be a multi-billionaire if it were not for the international language Esperanto.

    Born in Hungary in 1930 as Gyorgy Schwartz, the family changed its name in 1936 to Soros, which in Esperanto means "to soar." The deliberate Esperanto name-change was an effort to protect the Jewish family from the rise of fascist rulers and the whole family spoke this language at home.

    George Soros used Esperanto to defect to the West in 1946, by attending an Esperanto youth meeting in Ipswich, England.

    Esperanto enabled Soros both to defect, and to become a multi-billionaire.

    ReplyDelete

Subscribe to: Post Comments (Atom)
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 "
Related Posts Plugin for WordPress, Blogger...