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.
Tuesday, February 18, 2014
What Most Good Investors Do
I rarely trade. Brokers do not like me because I am so inactive. You
know, I might buy something and the broker 10 years later asks: "Are you
ever going to sell?" No, I am not a very good customer because I trade
very, very rarely. Once a month or once a quarter.
If you are a short term trader, there are lot of ideas, but I am not. So
there are not a lot of ideas that are good ideas that people can find.
Most good investors, they don`t do anything most of the time. They just
wait, they wait for their investments to mature or they wait till they
can find something new.
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).