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Jim Rogers Macro and Stock Views
- Oil Crash Could Be Great Investment Opportunity
- Long Myanmar, Agriculture
- USD will rise
- Korea: Reunification Will Be Very Bullish
- Bullish Stocks in Russia, China and Japan but only specific sectors. Long Phosagro, Moscow Stock Exchange in Russia
as of January 2015 / These Views Are Taken From Public Sources and Are Edited by OctaFinance Staff
Jim Rogers Bio
Jim Rogers came into this world in 1942 in the state of Baltimore, Maryland, USA and grew up in the Demopolis, Alabama area in the USA. He has a bachelor degree in the subject of History, which was awarded to him in 1964 by the Yale University, and a second bachelor degree (BA) in Philosophy, Economics and Politics awarded by the Balliol College from the University at Oxford in early 1966. He has shown an early interest in starting and running his own business. At only 5 years old, he had already tried running his own business selling peanuts to local customers and collecting empty bottles at area baseball games.
Jim started on his career in Dominick and Dominick right after he graduated from Tale University in 1964. In 1970, he paired up with Arnhold and Bleichroder. Jim co-founded Quantum Fund in 1973, which is a series of funds with an international focus, with financial guru George Soros. The funds in Quantum Fund performed very well and out-performance S&P by a very large margin. It gained 4200% over a 10 year period, while S&P only gained about 47% during the same period. In 1980, Mr. Rogers retired from his active roles in the Quantum Fund and became a part-time professor of financial matters at the Business School at Columbia. From 1989 to 1990, he was a moderator for both “Dreyfus Roundtable” (by WCBS) and Profit Motive. In 1998, he established the Rogers Int. Commodity Index, which had great success. In late 2007, this Index and its subsidiaries were attached to exchange trading note ELEMENTS. These notes make investing in indexes accessible, as it tracks the total indices and their respective returns that they are affiliated with. In 2002, he was a regular speaker on Fox TV shows related to business as well as other financial related TV programs. In late December of 2007, he sold his beautiful home near New York, and relocated to Singapore as he feels that Asia has the greatest potential, and he would like to be at the place of action. In addition, he feels that the Chinese are very driven and motivated, and he wants his daughters to live in that environment every day so that they will be driven and motivated, as well. In February 2011, he started an equity index called Rogers Global Resources, which was a new index fund with focuses on the top and most liquid companies in certain industries and sectors such as mining, agriculture, metals, and energy (including alternative energy – solar, wind and hydro).
Today, Jim Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He also advises to Leopard Capital’s Sri Lanka Funding. He is currently based in Singapore, together with his family. His daughters are currently learning mandarin.
Jim Rogers Personal Info
Jim Rogers Age – 72 Years old
Career Duration and Experience – 50 Years
Current Service – Chairman of Rogers Holdings and Beeland Interests, Inc., Advisor to Leopard Capital’s Leopard Sri Lanka Fund
Investment Principles – He is a proponent of free market, and his views are most similar to the Austrian School of economics. He feels that Asia (except India) has the greatest potential, particularly China and some smaller Asian countries such as Sri Lanka and Cambodia.
Notable Achievements:
– Was a founding partner for the Quantum Fund In 1973
– The portfolio he managed out-performance S&P by a very large margin. The portfolio gained in excess of 4000% over a 10 year period while S&P only gained about 47% during the same period.
– Successfully made Berkshire Hathaway into an investment giant that wholly owns some of the successful companies.
– Created the Rogers International Commodity Index in 1998.
– Started the equity index Rogers Global Resources in February 2001.
– Left NY to move to Singapore with his family
Additional Information
Mr. Rogers is an avid traveler and adventurer. He travelled around the globe on his motorcycle at least twice (after his retirement in 1980 and 1990 – 1992), as well as travelled across the globe with his wife in a custom built Mercedes (1999 – 2002). He was twice recorded in the Guinness Book because of his travelling. He was first recorded due to his worldwide travelling on his motorcycle between 1990 and 1992. During that trip, he travelled in excess of 100,000 miles spanning six continents, including China. He was again recorded in the Guinness Book because of his worldwide travelling on a custom-made Mercedes with his wife. During this second trip from 1999 to 2002, he toured through over 100 countries, starting from Iceland, and ending in New York. His travels around the globe can be seen on his webpage at www.jimrogers.com.
In addition, he wrote and published investment books, including books about investing around the globe. He is even listed in the Guinness book of world records for his biker traveling. His books relay that various adventures that he has been a part of and discuss international investment strategies and reviews. His books have been extremely popular, and some have even reached best seller lists. When he speaks on investment strategy, people take notice, because he has clearly done something right to be as successful as he is today. His reputation was hard earned, and he worked relentlessly for many years to obtain the standing that he currently holds.
The Rogers International Commodity Index
The index (known as RICI®) is created in 1998 by Jim Rogers. It is a US dollar composite (a total return index) designed in the late 1990s by James B. Rogers, Jr. The index is investing internationally in a broad-based area. It includes commodities consumed in the global economy, which will comprise of products from agricultural to energy and metals goods. This index is currently been tracked through futures contracts on as many as 38 different exchange-traded physical commodities. It is quoted in 4 different currencies and listed on 12 exchanges in 5 countries.
different exchange-traded physical commodities. The aims of this index are to measure the price of raw materials in developed and developing world, as well as specific contract liquidity.
The Rogers International Commodity Index Website – http://www.rogersrawmaterials.com/home.asp
The only authorized Jim Rogers website