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, March 10, 2014
Commodities: A Temporary Correction
"It’s a normal temporary correction, which happens in all markets. The
bull market in stocks between 1982 and 2000 had many significant
corrections. In 1987, stocks went down 40 to 80 percent. 1989, 1990,
1994, 1997, 1998 – these were several very significant corrections in
the price of stocks.
Back then many people said: Aha! Now the bull market is over. Well, they
were wrong. In my view, this is what’s happening in commodities." - in IB Times
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).