Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, June 15, 2011
The OPEC always cheating on each other
"They always come to a consensus verbally and when they have public relations announcements, but they are always cheating on each other. I do not pay too much attention to OPEC because OPEC is running out of oil just like the rest of the world. Do not waste your time watching OPEC, I guess you have to because you have got to have something on TV, but OPEC is not nearly the force it used to be. The market is much more important." Jim Rogers in ET Now