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, August 12, 2014
Wars always affect All Markets
Wars always affect all markets. When
there is turmoil or fear, people are less likely to take risk. War is
not good for anything except commodities. In such a scenario, people
prefer to put their money into commodities like lead, copper or wheat
because they know those are necessary for war. Likewise for gold. Thus,
war is not good for anything except commodities. It is less bad for the
people who win the war but in the meantime when there is uncertainty,
people are afraid of investing and taking risk.
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).