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.
Monday, June 20, 2011
People who cannot spell commodities shouldnt own any
Jim Rogers : That’s impossible to answer. People should have owned 100 per cent of their portfolio in gold in the last decade. It depends on what’s going to happen. If you don’t know anything about gold, you probably shouldn’t own any. If you know a lot, your portfolio will reflect your view of gold. I own few stocks. I mainly own commodities. But I think I know a little bit about commodities. People who cannot spell commodities shouldn’t own any.