Making millions and retiring in your 30s is every investor's
dream. But for legendary commodities trader Jim Rogers, it was
just the beginning of a career on Wall Street that has spanned
six decades and produced a net worth in the hundreds of
Rogers' amazing success was built on his uncanny ability to
spot long-term trends well before the masses, earning him a
reputation as a contrarian. But now, after "retiring" at 37,
scoring huge gains in commodities in the early 2000s and
correctly predicting the financial and housing crisis, Jim Rogers
has his sights set squarely on what he calls one of the greatest
opportunities he has ever seen.
Jim Rogers' Biography
Rogers showed a penchant for business at an early age. His career
as an entrepreneur began at age 5 with selling peanuts and
picking up empty bottles left behind at baseball games in
Alabama. After graduating from Yale University in 1964 with a
bachelor's degree in history, Rogers headed to Wall Street and
worked as an investment banker, meeting future business partner
and billionaire George Soros.
In 1973, Rogers and Soros started the legendary Quantum Fund,
producing a staggering 4,200% return in the next 10 years while
the S&P 500 gained just 42%. That incredible success early in
his career enabled Rogers to retire at the age of 37.
Since then, Rogers has remained active as a private trader and
investor, scoring several big wins along the way. He also wrote a
well-received book, "Investment Biker," that chronicled his 1990
motorcycle trip around the world.
Jim Rogers' Investment Strategy And Big Wins
Rogers uses a top-down economic model. This big-picture worldview
guides his investment style: He says he can't time the markets,
so he takes a long-term approach.
Rogers is known as a contrarian investor. His willingness to
go against the grain and buck popular opinion has produced some
of his best ideas.
Rogers has a knack for spotting a long-term trend long before
the masses. He was a pioneer in international investing with his
Quantum Fund in the 1970s and early '80s. He called the
commodities boom in the late '90s, launching his Rogers
International Commodity Index in 1998 -- well before the
commodities boom of the 2000s ripped across the Street. He also
cashed in on the financial crisis of 2008, shorting Fannie Mae
before shares crashed from above $60 to just pennies.
||Rogers is known as a contrarian investor. His
willingness to go against the grain and buck popular
opinion has produced some of his best ideas.
The hallmark of all Rogers' trades and investments is
patience. Whether he was waiting for the commodities boom in the
early 2000s or betting against financial stocks in 2008, Rogers
emphasized the important of patience to execute a great trade or
investment: "I just wait until there is money lying in the
corner, and all I have to do is go over there and pick it up. I
do nothing in the meantime."
Jim Rogers' Portfolio: What's He Holding Now?
Rogers has his sights set squarely on what he calls one of the
best investment opportunities he has ever seen: food and
"We're going to have serious food shortages, not just in
America but in the world," Rogers has said. "When I speak to
universities and students, I tell them all they should be
studying agriculture. The farmers are going to be driving
Lamborghinis. ... There are a few parts of the world economy that
are going to boom over the next few years -- agriculture is one
of them. It's not going to be all disaster."
Rogers is also bullish on commodities, saying central banks'
easing efforts will support hard assets. He particularly likes
precious metals such as gold and silver. In 2011, Rogers said:
"In 1987, stocks went down 40% to 80%. But now you don't even
remember 1987 -- it looks like a blip if you look at it. That's
what's going to be happening with silver and gold."
Rogers is also investing in Asia on the belief that the
Eastern Hemisphere is in the early stages of a long-term economic
boom. Rogers has said that "if you were smart in 1807, you moved
to London. If you were smart in 1907, you moved to New York City.
And if you are smart in 2007, you move to Asia."
That's exactly what he did, moving to Singapore in 2007 to
capitalize on regional growth and enable his daughters to learn
In February 2011, Rogers started the Rogers Global Resources
Equity Index, an index fund that focuses on the best, most liquid
companies in agriculture, mining and metals, as well as the
energy and alternative energy sectors.
Action to Take -->
It has never been easier to invest like Jim Rogers: He offers a
number of exchange-traded notes (ETNs) that enable investors to
follow his customized strategies, which he personally manages.
These ETNs include the
RBS Rogers Enhanced Commodity Index ETN (
RBS Rogers Enhanced Agriculture ETN (
RBS Rogers Enhanced Precious Metals ETN (
. However, these ETNs are relatively new and thinly traded,
meaning they're not too liquid yet.
For investors looking for more liquidity and trading volume,
Market Vectors Agribusiness ETF (
, an exchange-traded fund comprising agriculture stocks. For
exposure to agriculture commodities, take a look at
iPath DJ-UBS Grins ETN (
, an ETN that tracks the price of corn, beans and wheat, three
leading agriculture commodities. With average daily volume of
319,000 and 29,000, respectively, both of these investments
provide more liquidity, which reduces slippage and
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