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.
Thursday, October 23, 2014
One Of The Best Rules of Investing
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people, not that I am better than most people, always have to be playing. They always have to be doing something. They make a big play and say, "Boy, I am smart, I just tripled my money." Then they rush out and have to so something else with that money. They just can`t sit there and wait for something new to develop.
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).