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.
Friday, October 24, 2014
Markets Do Foolish Things At Times
You make sure that if there is going to be a setback, you do not get wiped out. You keep enough reserve because markets do foolish things at times, you know.
If you are too over leveraged you are going to lose everything, even if you might be right in the long term.
Related trading instruments: Nymex Crude Oil Futures, SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Index Futures, S&P 500 Index Futures
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).
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