Jim Rogers -- Investment Biker Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Jim Rogers -- Investment Biker

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Terrible Toad who wrote (103)	7/26/1998 2:04:00 AM
From: Jesse__Livermore	Read Replies (1) of 213

Mr Rogers has already stated he is not a great trader and that he would probably be the worse trader around. But he is a fantastic investor with great patience! His major investment strategy is to buy things that are dirt cheap and then he will sit on that position for a long time until he is has been proven right. His only cost, is that his capital is tied up. When both of them: Soros and Rogers, teamed up together, they were the best publicly performing hedge fund in the world. And he doesn't have to prove anything to anybody. I'm always skeptical of people who have to blow their own trumpet and claim fantastic returns over a short period of time! The key to their success which Buffet, Soros and Rogers have already stated is not to lose your capital. The magic of compounding on your investment will take care of the rest.Most people have a fantastic year, maybe make over 100 percent and then the following year self destruct and lose it. Work out a steady compounding rate 10-12%, say over 15-20 years and you will come out way ahead of the field. I did some research and figured out that Mr Rogers is holding a portfolio of US treasury bonds since 1981 paying at least 14 percent or more. He could sell it on the open market today and make a fortune when US bonds are only paying 5.5-6 percent today. Imagine he figured during the late 1980's, that interest rates were coming down during that period of lower inflation, and then started to steadily add to his position! Just for your information, I don't read Barrons but from memory an independent source did a study on Jim Roger's selections. They concluded that for that particular year he came out at the top 2-3 years ago with over a 100 percent return. I'm also very crtical of Mr Crammer, the way this guy trashes people using this vehicle TheStreet.com. Talk is cheap. He doesn't have any class and uses it to settle a score/personal vendetta. He constantly changes his direction/opinion about the market, his position on stocks etc like the wind. That is, if you are able to keep up with him and what all his "insider" cronies have to say. "Wall Street is the only place people ride to in a Rolls Royce to get advice from those who take the subway." - Warren Buffet. I admire the fact that Mr Jim Roger's is the only one with balls to stand up to him. Everyone else is running like rabbits scared of Mr Crammer's wrath.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next