11/2/2007-Part 1 Jim Rogers Interview On Bloomberg

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News & Politics

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• Jim
• Rogers
• mortgage
• meltdown
• subprime
• housing
• inflation
• depression
• hyperinflation
• economist
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• real
• estate

[JP5466]

Rogers, Schiff and Ron Paul... the REAL deal!

[Daovonnaex]

Jim Rogers cofounded the Quantum Fund with George Soros which returned 4,200% in the 1970s. Jim Rogers, while sometimes eccentric and prone to excitement, is one of the most successful financial investors of the 20th century. Check you facts before making pronouncements.

[ukipwarrior]

ha ha thats why hes a government employee he couldnt get a real job

[GuntherL1]

This guy is my rolemodel: ordinary guy, interested in the world and a billionaire. I only managed 2 out of 3 until now, but I'm working on it.

[throwerofturds]

its now mid may2011 and this could be played as todays ne without a hitch . it was true then and it true now . very well said ,especially about benanke being an idiot

[vettytube]

I see posfings about this guy being president but let's say he did. What then...don't think it would make a differnce

[fazholio]

He Rocks doesnt he?? he displays a brilliant wisdom and intelligence unseen in many investors

[originaljuve]

Level 3 Assets

What Does It Mean?

What Does Level 3 Assets Mean?

Assets whose fair value cannot be determined by using observable measures, such as market prices or models. Level 3 assets are typically very illiquid, and fair values can only be calculated using estimates or risk-adjusted value ranges. In addition to Level 1 and Level 2 assets (both of which have more accurate fair values), Level 3 assets must be reported on by all publicly traded companies as of 2008.

[wannabedj89]

Damn... I thought this was THE Mr Rogers :P

[junglesoup]

Are you serious? Come on, level 3 assets are all the securitisation of the toxic assets, off balance sheet garbage which have created this mess, based on unrealistic valuations....perhaps the terminology was not used, but it equates to the same thing

[iwanagaa1919]

Jim Rogers presented some brilliant analysis in this interview. However, he made one small prediction that did not pan out; he predicted that we would be hearing a lot about "level 3 assets." I watch a good deal of business news, and I cannot remember hearing anybody (except Rogers) utter the phrase "level 3 assets." To me, it's a sign that business news is generally poor.

[caganb]

He was 100% a year ago...........wow We have some screwed up leaders