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.
Wednesday, August 7, 2013
Investing Like Rothschild
"It may have been Meyer Rothschild, the German banker and patriarch of the legendary House of Rothschild who, when asked how he got so rich, attributed his success to two things. He said he always bought when there was blood in the streets - panic, chaos - when despondency gripped the markets. (in old man Rothschild case, investing amid the turbulence of the Napoleonic wars, the blood was as likely to be literal as it was to be figurative.) And he always sold "too soon". He did not wait for the enthusiasm to peak. He always knew when to get out, and he got out in time with all his money." - in Adventure Capitalist