This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The 'Indiana Jones of Finance'

Stocks in this article: RJI RJA RJN

NEW YORK ( TheStreet) -- Jim Rogers, the "Indiana Jones of Finance," is known throughout Wall Street for his independent, contrarian investing style and his association with George Soros and the Quantum Fund.

Though he has since retired, he continues to be a presence with his world travels and bold economic commentary. His work with commodities, in particular, has helped to influence the way the average investor looks at personal finance today.

Rogers was born in 1942. As a child in Alabama, Rogers wasted no time getting into the business world. At the age of five, he was already making money collecting bottles and selling peanuts to fans at baseball games.

Rogers received a bachelor's degree from Yale and Oxford. Upon graduation, he served in the U.S. military for a few years before he headed to Wall Street to work for Arnhold & S. Bliechroder, where he was a research analyst for a hedge fund managed by George Soros.

In 1970 the two men joined to establish what would become the Quantum Fund. With Soros as the trader and Rogers as the analyst, the fund grew from $12 million to more than $250 million.

Soros attributed a considerable amount of Quantum's success to Rogers' hard work. In his book, Soros on Soros, the investor said Rogers handled the work of six men.

Unfortunately, as the fund grew, so did the stress of managing it. While Soros saw a desperate need to add analysts, Rogers found it difficult to work with outsiders. In 1979, at the age of 37, Rogers decided that he had earned enough and "retired" from the industry.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs