Archive for August 2017

Jim Rogers video

For those of you that don’t know Jim Rogers. Jim and George Soros ran Quantum Funds back in the 1970’s and between  1970 and 1980 the fund gained 4200%. He retired in 1980 and in the early 1990’s he road his motorcycle around the world and wrote a book called Investment Biker. He did an update in 2003 called Adventure Capitalist. I have read both the books, as  investing and traveling are my two favorite subjects. He has wrote many books over the years and is always featured on the major news channels. The last few years he has been a perma bear but he does have a lot of credentials and a broken clock is right twice a day.

Its only a 4 min YouTube video hope you enjoy !

 

 

 

 

Word of the week Debenture

Investopedia definition

‘Debenture’
A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secure capital. Like other types of bonds, debentures are documented in an indenture