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.
Monday, February 24, 2014
Rogers Bearish On U.S. Long Term Bond
The United States long term bond made its low in 1981 and went up for 31
years. It`s not cheap, you know. Long term interest rates in the world
are near historic lows, so they are certainly not cheap. It does not
mean that bonds can`t go up more but certainly they are not cheap.
I am thinking about selling them short. I sold them short in the past, I
am not short at the moment. If you own bonds you should think about
selling them unless they are very short term bonds.
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).