Jim Rogers is a bestselling author, financial commentator and successful 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.
Friday, October 12, 2012
Investing: Buying Cheap
The reason you want to buy something cheap is so that you don`t have much risk; if you are wrong, you are not going to suffer too badly. Buying something cheap does not do you any good on its own; it might stay cheap for years. You`ve got to have a reason why it`s going to change and why something is going to get better. - in Trading The World`s Markets - Interviews With The Great Global Investors