jim rogers interview on bloomberg

[thrunner]

Quote from OldTrader:

can get together and bullshit each other.

OldTrader

Lighten up guys. I simply posted the latest facts on Roger's fund, the 10-Qs, and pointed out a little irony in the filings and finished it off with a little sarcasm. All without attacking anybody personally. Hopefully everybody can tell the difference between all three.

 

[Cutten]

Quote from thrunner:

No, I guess there is nothing ironic at all about a person who said "Get out of the dollar, teach your children Chinese and buy as many commodities as you can." and then keeps 80% of of the funds in US backed mortgage security. Long live Jim Rogers, his funds that he doesn't manage and his Mandarin speaking daugher.

It's exposure that matters, not where your cash is. I can have 100% of my assets in US t-bills, yet be 200% short the dollar, and 100% long commodities.

All that matters is does his fund go up when commodities go up, and vice versa when they fall.

 

[plugger]

Quote from PhiliC:

Rogers is a total big mouthed a-hole who I'm quite confident is very over-rated. This clown has something to say about every thing.

He acts like some sort of big sh...t because he invests in indonisian palm oil or whatever dribble is coming out of his mouth at the present.

His alleged commodity fund likely makes its money by parking about 90% of the fund in T-bills which offset his trading losses.

I'm just thankful that I havn't seen him on TV recently. I wish he'd stay in Africa so the uniformed public, and myself, wouldn't have to hear about this wretch anymore. Hey, here's a better idea. How about NASA sends Jim to Mars to do some commodity exploration for the gov't. What's that 2 yrs out and 2 back? That's a guananteed 4 years that we won't hear a word out of this blabber mouth.

BTW - he probably got burned being short so now he's yaking his big trap about how the Fed got it all wrong. I got news for ya -- Jim is all wrong!!!!

Yeah. Let's see, he's a billionaire and you are?????

He's (self) admittedly a terrible trader so he chooses to put on macro long term trades. He's been right to this point although his timing is off. But when you have deep pockets, you can ride it out.