Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Monday, June 29, 2009

George Soros : Jim Rogers used to work for me ...

George Soros was asked about Jim Rogers his ex partener in the Quantum Fund which they founded together in 1970...he said "Jim Rogers used to work for me " ! "he is a wonderful security analyst, he worked tremendously fast , he did the job of 8 people , so we had a very successful partenership , but he did not want another 7 people working next to him , so we had to part company...and since then I do not think he had been such a great investor , but he was a very good analyst...his approach is very similar to mine obviousely...." "Warren buffett has a very different approach he looks at fundamentals...." added George Soros...this was recorded june 11 2009 on CCTV a Chinese TV...
In 1970, Jim Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the portfolio gained 4200% while the S&P advanced about 47%. It was one of the first truly international funds.

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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