Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Tuesday, April 21, 2009

Jim Rogers about New Book: “A Gift to My Children: A Father’s Lessons for Life and Investing” 20 Apr 2009

Jim Rogers Remains overweight on global commodities:
Jim Rogers, the legendary American investor, says commodities are still the best place to remain invested in currently.

New Book: “A Gift to My Children: A Father’s Lessons for Life and Investing”
Jim Rogers has three hot tips for investors: “Question everything, never follow the crowd, and beware of boys!”
20 Apr 2009 :
Bloomberg printed an article about Jim`s latest book, “A Gift to My Children: A Father’s Lessons for Life and Investing”:

"Much of Rogers’s advice will be familiar to anyone who wants to get ahead. Be a self-starter, think for yourself and pursue something you’re passionate about. Do your own research and pay attention to details, however trivial they seem.

This sounds easy, but isn’t. His idea of due diligence involves reading every financial statement a company publishes, including the notes. Next step: Verify the statements.

“Talk to customers, suppliers, competitors and anyone else who might affect the company,” he says.

His plans for his daughters are so ambitious that I’m not sure whether to envy or pity them. They should learn philosophy, history and languages -- yet temper this education with travel aimed at seeing how different people live. Rogers has already started their education by moving his family to Singapore, where a Chinese governess talks to the girls in Mandarin."

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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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