Jim Rogers

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Jim Rogers in Madrid (2010)

Jim Rogers (actually: James Beeland Rogers, Jr .; born October 19, 1942 ) is an American hedge fund manager and writer.

Life

Jim Rogers grew up in Demopolis , Alabama . After attending college in Alabama, he studied history, philosophy and economics at Yale University and Oxford University . In 1966 he took part in the Boat Race . Rogers worked for several international corporations on Wall Street . After returning from Oxford, he joined the army. He then returned to Dominick and Dominick on Wall Street , where he had already worked once after college. At the company Arnhold & S. Bleichroeder he finally got George Soros know and founded with him in 1970 the hedge fund Soros Fund Management .

Rainer Zitelmann , in whose book Set yourself bigger goals you can find a detailed portrait of Rogers, sees the success of Rogers in the fact that - which was unusual at the time - he included strategies such as short sales and also made numerous investments outside the USA. In addition, he was already investing heavily in raw materials and currencies back then. Rogers often bought shares in companies that were in great trouble, such as B. from the aircraft manufacturer Lockheed .

In 1980, Rogers retired from managing the fund. He then became a visiting professor at Columbia University , circled the world twice, and wrote books. He performed one of these circumnavigations of the world on a motorcycle. He crossed the Soviet Union and China in the deepest Cold War .

In 1998 he launched the Rogers International Commodity Index (RICI). When weighting the index members, the raw material prices are taken into account in people's everyday lives.

In 2008, Rogers sold his home in New York City and moved to Singapore . Compared to Singapore, in an interview in 2013 he described New York as the “city of a developing country” with third world roads. He compared the growth climate in China with New York City at the time of 1908. He blamed the economic and dollar crisis in 2008 on a failed US Federal Reserve policy . He described Alan Greenspan and Ben Bernanke as the worst central bankers of all time.

In the years that followed, Rogers was repeatedly pessimistic about the prospects for the global economy. In 2012 he "bet" according to his own statement "against stocks, all over the world". The stock markets of many countries then developed very positively. In mid-2016, he predicted a global recession for the next two years . After this did not occur, he repeated his warning for 2017 or 2018. In February 2018, he again spread his prediction, which one of his old companions commented as follows: "Jim has been talking about severe corrections since I started in business over 30 years ago ... So I'm sure he'll be right at some point. "

Rogers is married and has two daughters.

Fonts (selection)

  • Investment Biker: Around the World with Jim Rogers. 1995, ISBN 1-55850-529-6
    • Investment biker. Around the world with Jim Rogers. Börsenbuch-Verlag, Kulmbach 1998, ISBN 3-922669-26-3
  • Adventure Capitalist: The Ultimate Road Trip. 2003, ISBN 0-470-86320-X
  • Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market. 2004, ISBN 1-4000-6337-X
    • Raw materials. The most attractive market in the world. How everyone can benefit from oil, coffee and the like. FinanzBook-Verlag, Munich 2005, ISBN 3-89879-110-6
    • 2nd edition, 2016, ISBN 978-3-89879-765-8
  • 人生 と 投資 で 成功 す る た め に 娘 に 贈 る 12 の 言葉. 2007, ISBN 4-532-35259-2 (initially only published in Japan and China, later translated.)
  • A Bull in China: Investing Profitably in the World's Greatest Market. 2007, ISBN 1-4000-6616-6
    • Invest in China. This is how you benefit from the world's largest market. FinanzBook-Verlag, Munich 2008, ISBN 978-3-89879-311-7
  • Street Smarts: Adventures on the Road and in the Markets 2013, ISBN 978-0-307-98607-8
    • Wall Street is just a street too: Lessons from an investment rebel . FinanzBook-Verlag, Munich 2013, ISBN 978-3-89879-789-4

Web links

Commons : Jim Rogers  - Collection of Images, Videos and Audio Files

Individual evidence

  1. Rainer Zitelmann : Set yourself bigger goals! The secrets of successful personalities . redline Verlag, Munich 2014, ISBN 978-3-86881-560-3 , pp. 102-103
  2. a b Jim Rogers: "You can make a fortune investing in water now" . In: SonntagsZeitung , February 10, 2008 ( philipp-loepfe.ch ( Memento of the original from July 28, 2014 in the Internet Archive ; PDF; 319 kB) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. ) @1@ 2Template: Webachiv / IABot / philipp-loepfe.ch
  3. “Keep buying gold!” In: FAZ.net . March 16, 2013, accessed December 17, 2014 .
  4. Astrid Dörner: Interview with Jim Rogers: “I bet against stocks. All over the world! ” In: Handelsblatt. June 20, 2012, accessed August 25, 2016 .
  5. Thomas Klemm: Jim Rogers: "The investors will curse". In: FAZ.net. July 14, 2016, accessed August 25, 2016 .
  6. Jim Rogers: The worst crash in our lifetime is coming .  - Business Insider , June 9, 2017; "Later this year or next."
  7. bloomberg.com