Wednesday, May 1, 2013

Think independently - legendary investor advice

A Gift to My Children
Legendary Investor Jim Rogers found so much success in the financial markets that he retired at 37. He even partnered with sage George Soros to create the Quantum Fund.
Many stock market prognosticators have their fair share of detractors; but I just can't see Jim Rogers having any. After all, it is difficult to argue with real-life success. Once he made enough money as to never have to worry about it again, he traveled all around the world, once on a bike and another time on a modified Mercedes Benz in the company of his second wife.
With nothing else to achieve, he focused on what is the most important aspect of life: the creation of a loving and closely knit family. Yes, Mr. Rogers made it to fatherhood a little past the time when most other men do it.
His latest book, A gift to my children, was written by the man who has seen it all (literally), as advice to his daughters. The book is short and easy to read.
I had previously read another one of his books, A Bull in China, which exclusively dealt with economics and markets. Mr. Rogers has also authored four more books: Investment Biker, Adventure Capitalist, Hot Commodities, and Street Smarts.
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A gift to my children, different to his other economics books, barely covers any of his trading experience. What the book does is to drive concepts such as perseverance  thinking independently, doing extensive research (learning), speaking at least another language, not trusting boys and keeping an open mind. That he cares deeply for his daughters is evident from the book. It left me wishing that one day my daughters will too read this book.



Book Title: A Gift to My Children
Book Subtitle: A Father's Lessons for Life and Investing
Author: Jim Rogers
Publisher: Random House
ISBN: 978-1400067541


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