Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (57)	2/12/1998 11:28:00 AM
From: Walter C.	Read Replies (2) \| Respond to of 213

12 February 1998 J Rogers and J Cramer I have watched CNBC almost everyday for the last 14 months as kind of a tutorial to try to get back in touch with the overview of the world's economy and markets after many years working my ass off as an executive with several big companies and completely losing track of the big picture. (By the way, I use the VCR religiously to cut out the ads, redundancies, and people I have come to learn aren't worth watching.) After all is said and done, the single person I find most important to watch--and who I learn the most from--is Jim Rogers. However, though on the one I find him a great source of information, I too, am puzzled by his unnecessary rudeness towards other guests and the CNBC on-air talent. As others have said in different words, Jim Rogers is unable to disagree agreeably and either cannot or will not help" put on the show at CNBC". For example, him stating that what Greenspan says is "just noise" is by definition incorrect--at least in the short term (because so many people think what Greenspan says is important--in the short term). CNBC has to cover the short term but Jim Rogers will not cooperate with them and often insults them for doing it which obviously really rankles them. He also likes to accuse them of not living in the real world, like he does, because he invests and they don't. (As if running a hedge fund is living in the real world...try convincing my ranching and farming relatives that Jim Roger's world is the "real world".) With a long history of corporate politics and Washington politics in my past, it is my opinion that the CNBC folks do not like Rogers one damn bit, that Jim Cramer knows this, and, to gain brownie points from CNBC, does some political dirty work for the CNBC folks--that is--say the things about him the CNBC people cannot say but would probably love to. As for Jim Cramer, I don't think I've learned a damn thing from him. Amusing, yes but he doen't deliver the goods for me. So, in my weak close to this way-too-long entry, I'll take Rogers--warts and all--with the idea in the back of my mind that his days are probably numbered at CNBC. Walter C. PS: Investment Biker is one of the great adventure stories of my lifetime and I like the part of Rogers that took that trip--with a young blonde, I might add.