Person of Interest: Jim Rogers, Capitalist Roader

Rogers                                    

                               by David Parmer

Jim Rogers is an American investor, author and financial commentator and world traveller whose thoughts and opinions have regularly appeared in the Washington Post, N.Y. Times, Forbes, Fortune, and the Wall Street Journal. His net worth is said to be $300 million. He is Chairman of Rogers Holdings and Breeland Interests Inc., and founder of the Rogers International Commodities Index.

Rogers was born in 1942 and grew up in Alabama. He attended Yale and Oxford, then worked briefly on Wall Street, where he founded the very successful Quantum Fund with international financier George Soros. (Quantum is said to be the most profitable hedge fund in history). At age 37, Rogers “retired” and moved on to other things including becoming a professor at Columbia University School of Business and hosting a TV show.

From 1990 to 1992 Rogers traveled the world by motorcycle logging 100,000 miles. In 1999 he again took a world tour by road, this time with his wife, visiting 116 countries. He has written a number of books including,

  • A Bull In China
  • Street Smarts
  • Adventure Capitalist
  • Hot Commodities
  • Investment Biker
  • A Gift To My Children

 In 2007 Rogers took has family and moved to Singapore where they now live. He has given two reasons for this. First he believes that the future lies in Asia, particularly China, and secondly in order to give his two daughters the best education possible (in the Singapore school system) and to have them become fluent speakers of Mandarin Chinese.

There are  investment opportunities in Myanmar, Russia, and even North Korea as well as China according to Rogers. He is not enthusiastic about India, although in a recent interview with Indian media he said he hoped that Prime Minister Modi could make the necessary reforms to deal with the Indian economy including dealing with an entrenched bureaucracy. Rogers is a frequent guest and commentator on a variety of media. He is very much at ease, always charming, often insightful and never dull.

 Here are some of his thoughts on a number of subjects:

“China is the next great country in the world.” ( J.R. Daily Ticker 13 May 2014)

“China is going to be the most important country in the 21st century whether we like it or not.” (J.R. Sophie Co. Rt.com 26 May 2014)

“China will have plenty of setbacks along the way as does every country, company, family and individual that rises.” ( J.R. Business Insider 17 Feb. 2014)

 “The most sensible skill that I can give anybody born in 2003 is a perfect command of Mandarin.” (J.R. Business Insider 26 Dec. 2011)

 “My top three currencies are the U.S. Dollar, the Chinese Renminbi and the Hong Kong Dollar.” (J.R.  Jim Rogers Talks Markets 27 March 2015)