Jim Rogers Blog

Thursday, May 21, 2015

Make your mistakes when your young - Jim Rogers advice

I, like many people, didn't know much when I was young. I thought I knew everything. At one point, I decided the market was going to collapse. I went and put all my money, which wasn't much, into puts. And lo and behold, the market collapsed, the worst drop since 1938. I tripled my money when everybody else was going broke. And I thought, 'Boy am I smart.' I sold my puts the day the market hit bottom, waited for the market to rally. This time I sold short, didn't want to pay the premium, and two months later, I was wiped out completely. I didn't have anything left. I couldn't meet the margin call. One thing you better learn is about the margin clerk. He doesn't care. He's going to give you a margin call. The six stocks I shorted eventually went bankrupt in the next two to three years. But in the meantime, they had gigantic rallies. It never occurred to me that a company on the way to bankruptcy could go up, could double.

I learned a lot about myself. I learned about margin. I learned that markets do really strange things. I assumed that everybody knew what I knew. I now know they don't but that I have to wait. My timing is useless and hopeless. I now realize if I want to do something, I usually wait a year or two, and even then I am wrong in my timing. 

When I speak at schools and universities, I explain to them that there's nothing wrong with failing, nothing wrong with losing everything, but please do it when you're young, when you don't have that much money. Learn your lessons that way rather than when you're 50 and it could be $50 or $100 million dollars. That was a great experience.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wednesday, May 20, 2015

China, Russia other countries coming up with new system

We [USA] keep coming up with sanctions and rules and regulations and penalties on people, no matter what. They [USA Government] penalize you for doing something in other countries which is legal in the other countries, but not legal in America. 

So needless to say, the rest of the world is getting tired of this, getting fed up, cannot operate in a system like that, and so they are now, it’s not just China and Russia, its other countries that are now putting together an alternative and competing system which will ultimately, of course, will mean a competing currency as well. 

At that point the U.S. dollar is probably going to have serious problems, because if we cannot control things the way we have been able to for the past 60 or 70 years. And again, we’re bringing it on ourselves, all these bureaucrats in Washington are coming up with constant regulations and penalties, now the rest of the world is being forced to do something outside of the U.S. system.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Tuesday, May 19, 2015

China's big problem is clean water access

China has got gigantic water problems. First they have the water in the wrong place and second the water is filthy, terribly polluted in many cases. So the Chinese know that and they are spending a lot of money trying to figure that out. So someone is going to make a lot of money in China helping them to solve their own water problems.

That’s the opportunity right now. Figure out how to get the water from the wrong place to the right place, clean it up and you can get very rich.


VIA octafinane

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, May 18, 2015

China will control lot of markets in future

China will become the largest economy in the world in the foreseeable future. It will become the most important country in the world in the foreseeable future. When that happens, they’re going to control the price of a lot of stuff, directly or indirectly. I don’t see them controlling the price of gold anytime soon, as big as they are and as important as they are, there’s just too much gold around the world for them to control it yet. But my children speak Mandarin. 

I moved to Asia so that my children would know Asia, and speak perfect Mandarin. China’s the future, whether we like it or not.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Thursday, May 14, 2015

North Korea excites Jim Rogers


I'm very excited about North Korea. If I could put all of my money into North Korea, I would. Massive changes are taking place there. I would not have invested in Kim Jong Un's father or grandfather by any stretch of the imagination, but that's like saying that in 1980 you shouldn't invest in China because of Mao Zedong.

Mao was dead and Deng Xiaoping was making huge changes. They are making huge changes in North Korea. The kid is making astonishing changes. 


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wednesday, May 13, 2015

US Dollar bubble - Jim Rogers

I own a lot of dollars and have done for the last couple of years, but it has gone straight up. Anything that goes straight up you have to start worrying about. It's my largest currency position, at the moment, but I emphasize at the moment.

People perceive the dollar as a safe haven. It's astonishing that the biggest debtor nation in history is going to have a bubble in its currency. 


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.