Jim Rogers - celebrities.worldmy.info

Search
Go to content

Main menu

Jim Rogers

World’ s Famous Investors

Jim Rogers
Born:
James Beeland Rogers, Jr. October 19, 1942 Baltimore, Maryland, USA

Jim Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama. He started in business at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games.

He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. Rogers then acquired a second BA degree from Balliol College, Oxford University in 1966.

Jim Rogers

In 1980, Rogers decided to "retire", and spent some of his time traveling on a motorcycle around the world. Since then he has been a guest professor of finance at the Columbia University Graduate School of Business. In 1989 and 1990, Rogers was the moderator of WCBS' The Dreyfus Roundtable and FNN's The Profit Motive with Jim Rogers. From 1990 to 1992, he traveled through China again, as well as around the world, on motorcycle, over 100,000 miles (160,000 km) across six continents, which was picked up in the Guinness Book of World Records. He tells of his adventures and worldwide investments in Investment Biker.

In 1998, Rogers founded the Rogers International Commodity Index. In  2007, the index and its 3 sub-indices were linked to exchange traded notes under the banner ELEMENTS. The notes track the total return of the indices as an accessible way to invest in the index. Rogers is an outspoken advocate of agriculture investments and, in addition to the Rogers Commodity Index, is involved with two direct, farmland investment funds - Agrifirma (based in Brazil) and Agcapita Farmland Investment Partnership (based in Canada). Between January 1, 1999 and January 5, 2002, Rogers did another Guinness World Record journey through 116 countries, covering 245,000 kilometers with his wife, Paige Parker, in a custom-made Mercedes. The trip began in Iceland, which was about to celebrate the 1000th anniversary of Leif Eriksson's first trip to America. On January 5, 2002, they were back in New York City and their home on Riverside Drive.

He wrote Adventure Capitalist  following this around-the-world adventure. It is currently his best selling book. On his return in 2002, Rogers became a regular guest on Fox News' Cavuto on Business which airs every Saturday. In 2005, Rogers wrote Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market. In this book, Rogers quotes a Financial Analysts Journal academic paper co-authored by  Yale School of Management professor, Geert Rouwenhorst, entitled Facts and Fantasies about Commodity Futures. Rogers contends this paper shows that commodities investment is one of the best investments over time, which is a concept somewhat at odds with conventional investment thinking.

In December 2007, Rogers sold his mansion in New York City for about 16 million USD and moved to Singapore. Rogers claimed that he moved because now is a ground breaking time for investment potential in Asian markets. Rogers' first daughter is now being tutored in Mandarin to prepare her for the future. He is quoted as saying: "If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.”

In a CNBC interview with Maria Bartiromo broadcast on May 5, 2008, Rogers  said that people in China are extremely motivated and driven, and he wants to be in that type of environment, so his daughters are motivated and driven. He also stated that this is how America and Europe used to be. He chose not to move to Chinese cities like Hong Kong or Shanghai due to the high levels of pollution causing potential health problems for his family; hence he chose Singapore. He has also advocated investing in certain smaller Asian frontier markets such as Sri Lanka and Cambodia, and currently serves as an Advisor to Leopard Capital's Leopard Sri Lanka Fund. However, he is not fully bullish on all Asian nations, as he remains skeptical of India's  future - "India as we know it will not survive another 30 or 40 years". Rogers has two daughters with Paige Parker; Happy was born in 2003, and their second daughter Baby Bee in 2008. His latest book, A Gift To My Children, contains lessons in life for his daughters as well as investment advice and was published in 2009.

Back to content | Back to main menu