Bio - Jim Rogers
From Wikipedia, the free encyclopedia
James Beeland Rogers, Jr.
Born
October 19, 1942 (age 66)
Baltimore, Maryland, USA [1]
Alma mater
Balliol College, Oxford
Yale University
Occupation
Financial investor
Website
jimrogers.com
James Beeland Rogers, Jr. (born October 19, 1942) is an expatriate American investor and financial commentator based in Singapore. He was a co-founder, along with George Soros, of the Quantum Fund, and is a college professor, author, world traveler, economic commentator, and creator of the Rogers International Commodities Index (RICI).
Biography
Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama.[1][2] He started in business at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. Rogers then acquired a second BA degree from Balliol College, Oxford University in 1966. After Oxford, Rogers returned to the U.S. and enlisted in the army for a few years.
In 1970, 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%.[3] It was one of the first truly international funds.
In 1980, Rogers decided to "retire", and traveled on a motorcycle around the world. Since then he has been a guest professor of finance at the Columbia University Graduate School of Business.
In 1989 and 1990, Rogers was the moderator of WCBS' The Dreyfus Roundtable and FNN's The Profit Motive with Jim Rogers. From 1990 to 1992, he traveled through China again, as well as around the world, on motorcycle, over 100,000 miles (160,000 km) across six continents, which was picked up in the Guinness Book of World Records. He tells of his adventures and worldwide investments in Investment Biker.
In 1998, Rogers founded the Rogers International Commodity Index. In 2007, the index and its 3 sub-indices were linked to exchange-traded notes under the banner ELEMENTS. The notes track the total return of the indices as an accessible way to invest in the index. Rogers is an outspoken advocate of agriculture investments and, in addition to the Rogers Commodity Index, is involved with two direct, farmland investment funds - Agrifirma (based in Brazil) and Agcapita Farmland Investment Partnership (based in Canada).
Between January 1, 1999 and January 5, 2002, Rogers did another Guinness World Record journey through 116 countries, covering 245,000 kilometers with his wife, Paige Parker, in a custom-made Mercedes. The trip began in Iceland, which was about to celebrate the 1000th anniversary of Leif Eriksson's first trip to America. On January 5, 2002, they were back in New York City and their home on Riverside Drive. His route around the world can be viewed on his website, jimrogers.com. He wrote Adventure Capitalist following this around-the-world adventure. It is currently his best selling book.
On his return in 2002, Rogers became a regular guest on Fox News' Cavuto on Business which airs every Saturday.[4] In 2005, Rogers wrote Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market. In this book, Rogers quotes a Financial Analysts Journal academic paper co-authored by Yale School of Management professor, Geert Rouwenhorst, entitled Facts and Fantasies about Commodity Futures. Rogers contends this paper shows that commodities investment is one of the best investments over time, which is a concept somewhat at odds with conventional investment thinking.
In December 2007, Rogers sold his mansion in New York City for about 16 million USD and moved to Singapore. Rogers claimed that he moved because now is a ground-breaking time for investment potential in Asian markets. Rogers' first daughter is now being tutored in Mandarin to prepare her for the future. He is quoted as saying: "If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia." In a CNBC interview with Maria Bartiromo broadcast on May 5, 2008, Rogers said that people in China are extremely motivated and driven, and he wants to be in that type of environment, so his daughters are motivated and driven. He also stated that this is how America and Europe used to be. He chose not to move to Chinese cities like Hong Kong or Shanghai due to the high levels of pollution causing potential health problems for his family; hence he chose Singapore. However, he is not fully bullish on all Asian nations, as he remains skeptical of India's future and expects it to break up in the coming 30 to 40 years.[5]
Rogers has two daughters with Paige Parker; Happy was born in 2003, and their second daughter Baby Bee in 2008.
His latest book, A Gift To My Children, contains lessons in life as well as investments for his daughters was published in 2009.
Books
■Investment Biker: Around the World with Jim Rogers - 1995 (ISBN 1-55850-529-6)
■Adventure Capitalist: The Ultimate Road Trip - 2003 (ISBN 0375509127)
■Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market - 2004 (ISBN 140006337X)
■A Bull in China: Investing Profitably in the World's Greatest Market - December 4, 2007 (ISBN 1400066166)
■A Gift to My Children: A Father's Lessons For Life And Investing - April 28, 2009 (ISBN 1400067545)
Legendary investor Jim Rogers was kind enough to take time out of his busy schedule to share his thoughts with King World News listeners. Jim covered the stock market, gold, oil and other commodities, emerging markets, India, China, future civil unrest in the United States, the Fed, Bernanke, Geithner, the U.S. Dollar and much more. Jim was one of the original founders of the Quantum Fund which had a return of 4,200% over a 10 year period while the S&P only managed a 47% gain, and in my opinion he’s been ahead of the curve ever since. He is one of the most highly respected figures in the financial world today. Jim does not have to answer to any firm so he is able to speak his mind and is known for his frank discussions about the Federal Reserve and other topics many Wall Street veterans won’t freely address. He is quoted globally in virtually all financial media.
Friday, July 10, 2009
Jim Rogers





