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, September 6, 2013
India is in a bear market
The rupee is down nearly 50% in the last three years. Stock markets are down only 12% to 15% from their peak in rupee terms. Thus, in dollar terms, India is in a bear market as it has fallen nearly 60%. But I don't think the Indian stock markets will fall to that extent in rupee terms.