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.
Investors in Swedish Export Credit Corp saw new options become available this week, for the September 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 238 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.