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, January 24, 2014
Bullish On Airlines Worldwide
Whenever I find a disaster with change coming, I try to invest because
possibly you will make a great deal of money. Now, we can look at things
locally and its not because I happen to be in Scandinavia. This is SAS,
which is an airline you all know and hate, I am sure. SAS has been a
huge disaster over the past several years. I own shares in many airlines
but recently I have been buying shares of SAS. I told somebody at
Skagen this a couple of days ago and he said, "God, you are crazy! That
is a horrible company." I said, I know, its horrible, I know it has been
mismanaged, that is why the stock has collapsed, that is why the
company almost went bankrupt last year.
So, I am bullish on Airlines worldwide for many reasons but this is to
give you an idea of a local boy or girl that I hope it will make good
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).