James Beeland Rogers,
Jr. was born October 19, 1942, and
he is an American investor and
financial commentator. He is
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).
Jim Rogers, was
born in Wetumpka, Alabama. He grew
up in Demopolis, getting started in
business at the age of five, picking
up bottles at baseball games.
How Jim
Rogers got started?
He got
his first job on Wall Street, at
Dominick & Dominick, after
graduating with a bachelor's degree
from Yale University in 1964. Jim
Rogers then acquired a master's
degree from Balliol College, Oxford
University in 1966. After Oxford,
Jim Rogers returned to the U.S. and
enlisted in the army for a few
years.
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
fund gained 3,365% while the S&P
advanced about 47%. It was one of
the first truly international funds.
How
Jim Rogers became rich after he
"retired"? In
1980, Jim Rogers decided to
"retire", and travelled on
motorcycle through China. 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,
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.
The
Rogers International Commodity Index
In 1998, Jim Rogers founded the
Rogers International Commodity Index.
Between January 1, 1999 and May 1,
2002, Jim Rogers did another
Guinness World Record journey
through 116 countries, covering
150,000 miles 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. He
wrote
Adventure Capitalist
following this around-the-world
adventure.
Are
Commodities in a Bull Market?
Why have commodities such as oil,
gas, corn, sugar, gold, silver, steel and
every other commodity surged in
prices since 1998/9?
Why
are your dollars and pounds losing
value, and gasoline and food prices
rising? Jim Rogers blames the Fed
and the policy of creating more
money to keep market afloat. What's is the underlying
story of a devaluing currency?