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.
Sunday, November 27, 2011
Jim Rogers holds shares of Sanrio Co, and toymaker Tomy Co
Japan stocks are Cheap
Investor Jim Rogers said he likes Japanese stocks, as they are “very cheap” and domestic investors incurring losses overseas are likely to repatriate funds into the local equity market. “They will soon start losing money on the money invested abroad so a massive amount of that money is going to come back home,” Rogers, chairman of Rogers Holdings, said at a forum in Tokyo yesterday. “I doubt that will go into bank deposits or bonds because interest rates are so low. Then at least they can go to commodities or stocks.” - in Taipei Times