Hoarding cash Rogers knows a thing or two about navigating turbulent times. He co-founded the Quantum Fund with George Soros in 1973 — right in the middle of a devastating bear market.

He co-founded the Quantum Fund with George Soros in 1973 — right in the middle of a devastating bear market. From then till 1980, the portfolio returned 4,200%, while the S&P 500 rose 47%.

Letitia James Gets $18,000 From George Soros Published Aug 05, 2024 at 11:34 AM EDT Updated Aug 05, 2024 at 7:16 PM EDT By Andrew Stanton ...

But Rogers, who co-founded the Quantum Fund with George Soros in the 1970s, said crude had plunged 50 percent three times since the oil bull market started in 1999.

He co-founded the Quantum Fund with George Soros in 1973 — right in the middle of a devastating bear market. From the founding until 1980, the portfolio returned 4,200%, while the S&P 500 rose 47%.