Jim Rogers does not need any introduction. People like Jim Rogers, Warren Buffet, Rakesh Jhunjhunwala etc. are known for their investment acumen, and for anyone associated with stock markets, or if he does any kind of investment in equities or commodities, the above mentioned people should certainly be heard.
For all those, who don't have an idea about him, here's a brief description. Jim Rogers started in business, at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. In 1970, Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the portfolio gained 4200% while the S&P advanced about 47%. One of his famous quotes is : "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."
I recently came across one of his citing from his book: "A Gift to My Children". It's always a learning experience, going through his books. One should always read books written by greats like Jim Rogers, Peter Lynch, Benjamin Graham etc., and try and learn from their decades of experience.
Let's see what Jim Rogers had to say in his book :
" If people around you try to discourage you from taking a certain course of action, or ridicule your ideas, take that as a positive sign. Sure it can be difficult not to run with the herd, but the truth is that most long-term success stories are written by folks who have done exactly that. Let me give you an example.
When I was thirty-two years old or so, a Wall Street colleague of mine invited me to join a smart and successful group of financial guys who regularly got together to swap ideas over dinner. At the time, I and a partner (George Soros) were in the early years of our hedge fund called the Quantum Fund...
We were sitting in the private room of a fancy mid-town Manhattan restaurant when the host asked each guest at the table to recommend an investment. Most of them touted so-called growth stocks. When my turn came, I recommended Lockheed, the aerospace company. Once extremely prosperous, by the 1970s it had fallen on hard times. A fellow sitting opposite me smirked and, making sure that I heard him, stage-whispered, " Who buys stocks like this? Why buy a bankrupt company?"
About six years later, I ran into this schoolyard bully. I resisted the urge to remind him of his condescending remark. It wasn't easy, given that Lockheed Corporation stock had since increased in value a hundredfold, and for all the reasons that I had explained over dinner."
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We at MPS, subscribe to the views of Mr. Rogers, and are here to provide you a life changing opportunity to create wealth. When we say "we discover multibagger" mean we don't reco any stock on which whole world is betting upon or the popular names which are chased by the masses. We always look out or say we are hungry for the emerging sector, the future trend, the opportunities which are overlooked by most of the investors. We arrive at the best stock (always leader or to be a leader) available with huge scale of opportunity.
For your ready reference, access our "Business Insight" recommendation for the month of November Here, that has been made public.For all those, who don't have an idea about him, here's a brief description. Jim Rogers started in business, at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. In 1970, Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the portfolio gained 4200% while the S&P advanced about 47%. One of his famous quotes is : "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."
I recently came across one of his citing from his book: "A Gift to My Children". It's always a learning experience, going through his books. One should always read books written by greats like Jim Rogers, Peter Lynch, Benjamin Graham etc., and try and learn from their decades of experience.
Let's see what Jim Rogers had to say in his book :
" If people around you try to discourage you from taking a certain course of action, or ridicule your ideas, take that as a positive sign. Sure it can be difficult not to run with the herd, but the truth is that most long-term success stories are written by folks who have done exactly that. Let me give you an example.
When I was thirty-two years old or so, a Wall Street colleague of mine invited me to join a smart and successful group of financial guys who regularly got together to swap ideas over dinner. At the time, I and a partner (George Soros) were in the early years of our hedge fund called the Quantum Fund...
We were sitting in the private room of a fancy mid-town Manhattan restaurant when the host asked each guest at the table to recommend an investment. Most of them touted so-called growth stocks. When my turn came, I recommended Lockheed, the aerospace company. Once extremely prosperous, by the 1970s it had fallen on hard times. A fellow sitting opposite me smirked and, making sure that I heard him, stage-whispered, " Who buys stocks like this? Why buy a bankrupt company?"
About six years later, I ran into this schoolyard bully. I resisted the urge to remind him of his condescending remark. It wasn't easy, given that Lockheed Corporation stock had since increased in value a hundredfold, and for all the reasons that I had explained over dinner."
-----------
We at MPS, subscribe to the views of Mr. Rogers, and are here to provide you a life changing opportunity to create wealth. When we say "we discover multibagger" mean we don't reco any stock on which whole world is betting upon or the popular names which are chased by the masses. We always look out or say we are hungry for the emerging sector, the future trend, the opportunities which are overlooked by most of the investors. We arrive at the best stock (always leader or to be a leader) available with huge scale of opportunity.
Team MPS
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