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....
Showing posts with label facebook. Show all posts
Showing posts with label facebook. Show all posts
Monday, February 18, 2013
Jim Rogers: Facebook Is not an Investment, It's a Waste of Time
Jim Rogers: "I can't conceive that that's going to be a fabulous place to make a lot of money," Jim Rogers said on CNBC's Futures Now adding he thinks the website is, however, "a good way to waste time." "My wife is on it. She's always wasting time on it, but even she's come to realize this is a pastime and it's a waste of time, but I've got better things to do. And I think a lot of other people are going to come to that conclusion, too."
Billionaire investor Jim Rogers shares his thoughts on the world's No. 1 social network, with CNBC's Jackie DeAngelis and the "Futures Now" traders.
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%.
Monday, January 30, 2012
Jim Rogers: I Would Not Buy Facebook
Jim Rogers : well, it's amazing that i was the number-one story. I'm not buying because it's a very expensive stock, Larry. that's not the way i invest. i know it's going to come out maybe 25 times -- 15 times next year's sales. sales, Larry. usually when you buy stocks that are very expensive, you don't make money. at least I don't."
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%.
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%.
Saturday, May 7, 2011
Jim Rogers : I would not buy Facebook at 50 billion dollars
Jim Rogers : I would not buy Facebook at 50 billion dollars
Jim Rogers : it's getting worse ( the current state of the economy) it looks like it is getting better many governments are spending a lot of money and printing a lot of money and the people who receive that money are better off obviously but the overall situation is getting worse the world is going deeper into debt and we are building up more problems the next time that there is an economic slow down things are going to be much worse than they were last time , to me it's inconceivable that you can solve a problem of too much debt and too much consumption with more debt and more consumption and yet that's what the politicians are trying to do , "
"we should have let the Americans that are bankrupt to go bankrupt propping up failed assets has never worked for any long period of time , what America should have done let the people go bankrupt let other competent people come in take over the assets reorganize and start over , what America is doing is they are going to the competent people taking their money giving it to the incompetent people and saying to the incompetent people now you compete with the competent people with their money !!! I mean it's horrible morality , not that politicians care about morality but it's terrible economics it just does not work ...throwing money down the rat hole does not work , throwing good money after bad does not work "...
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%.
Jim Rogers : it's getting worse ( the current state of the economy) it looks like it is getting better many governments are spending a lot of money and printing a lot of money and the people who receive that money are better off obviously but the overall situation is getting worse the world is going deeper into debt and we are building up more problems the next time that there is an economic slow down things are going to be much worse than they were last time , to me it's inconceivable that you can solve a problem of too much debt and too much consumption with more debt and more consumption and yet that's what the politicians are trying to do , "
"we should have let the Americans that are bankrupt to go bankrupt propping up failed assets has never worked for any long period of time , what America should have done let the people go bankrupt let other competent people come in take over the assets reorganize and start over , what America is doing is they are going to the competent people taking their money giving it to the incompetent people and saying to the incompetent people now you compete with the competent people with their money !!! I mean it's horrible morality , not that politicians care about morality but it's terrible economics it just does not work ...throwing money down the rat hole does not work , throwing good money after bad does not work "...
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%.
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