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To: opalapril who wrote (12666)12/22/1997 11:15:00 PM
From: uu  Read Replies (2) | Respond to of 45548
 
<OFF topic> - yet another post regarding Jimmy Rodgers!

Is Rodgers a charlatan or just a mountebank?

As I said he is just an egotistical arrogant snob idiot who thinks he is the gift of gods to the investment world!

I know enough has been said about this guy on this thread, and believe me when I say this that it takes a lot for me to really come to talk about someone so negatively like Jimmey Rodgers (not to mention to waste my time and write about it)!! But after following him (reluctatnly and regretfully as a side effect of following CNBC shows and Barron's) for the last 5-6 years or so I have come to believe that this guy is the most arrogant so called investment analyst I have ever seen or heard of in my short 12-13 years of actively being in the market! And the reason I feel so strongly about this guy is the fact that so many naive small investors fall for his exotic wild investment talks! And because this guy's ideas of investment are so out of touch with reality people tend to think of him as smoewhat of a sophisticated individual, and someone who really knows what he is talking about and is going on in the investment world!!

The first time I came to hear about this guy was in 1989 when on CNN he said that the DOW will be at 800-1000 by the end of the century! True, the end of the century has not been reached yet and a lot of things may go wrong, but the chances of DOW being at 800-1000 are highly improbable (if not impossible). I remember a good friend of mine who apparently knew him told me if I want to make money do the opposite of what he says or does, and eventhough I never really cared for Rodgers after following his analysis I have come to believe that friend of mine was 100% correct!

To give you an example of a typical Rodgers analysis here is an example: Earlier this year when on CNBC he put his life on the line that the 30 year bond will be at 8% or higher by end of this year I was so disgusted I sent Mark Hains (the producer of CNBC's Squawk Box show) an email expressing to ask Rodgers how can he possibly state that when there are obviously no sign of inflation and therefore most likely no interest rates hike would take place! During the following Squawk Box show my question was asked of him and his reply was (and this is a quote): "How can anyone believe givernment's numbers?!! They are all made up!" and Therefore he dismissed the low inflation figures, and emphasized again that the yeild would be at 8% and the best investment would be to take the money to Latin America, Australia and Newzland because that where the growth of the 1997 would be!! At the same time he also recommended investing in Zink!!!! Well it is needless to state what his investment analysis of 1997 ended up being!

And it is not so much that he has been WRONG for the past 5 years (at least), it is the arrogance and eogistical attitude that this guy loves to display! I do strongly suggest everyone (including those who idealize him such as my Cyber friend Craig) to watch this guy on CNBC every Friday morning on CNBC's Squawk Box show (and also on Saturday or Sunday at 3:30PM PST on another one of CNBC's show called Strictly Business) to fully understand what I am talking about regarding Mr. Rodgers out of touch view of investment world and his arrogance and ego!!

Anyway, my apologies to the threaad for expressing yet another post regarding Jimmy Rodgers, and as I said I really do not ever display such a disgust toward anyone, but this guy sure has given a new meaning to arrogance, and pure stupidity!

Regards,

Addi Jamshidi



To: opalapril who wrote (12666)12/23/1997 5:07:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 45548
 
This is a conspicuously poor characterization of Jim Rogers's views of late 1994. One of the reasons I was a table-pounding bull at the time was his bullish analysis of the stock and bond markets. Rather than ask Craig to check out the CNBC video library, you could perhaps look at the Barron's Roundtable of early 1995. BTW, he called the bottom in utilities quite accurately.

Tom