Investment Biker: Around the World with Jim Rogers
Format: PDF / Kindle (mobi) / ePub
Legendary investor Jim Rogers gives us his view of the world on a twenty-two-month, fifty-two-country motorcycle odyssey in his bestselling business/adventure book, Investment Biker, which has already sold more than 200,000 copies.
Before you invest another dollar anywhere in the world (including the United States), read this book by the man Time magazine calls “the Indiana Jones of finance.”
Jim Rogers became a Wall Street legend when he co-founded the Quantum Fund. Investment Biker is the fascinating story of Rogers’s global motorcycle journey/investing trip, with hardheaded advice on the current state and future direction of international economies that will guide and inspire investors interested in foreign markets.
and factories. Today, there is an immense hoopla—and correctly so—over our deficit. There’s nothing wrong with being a debtor nation if you are putting the money into productive assets for the future, which is what we did in the nineteenth century. The Europeans sent their money to our country because they could make a lot of money off us. We got the payoff in the twentieth century, when we became the richest country in the world. This could happen to Zaire, too. If Zaire attracted
high or become inefficient and lax and provide bad service. Our post office is a good example, a monopoly imposed by law. No one but the U.S. postal service is even allowed to put an envelope into your mailbox. Still, United Parcel captured the package business because its customers couldn’t afford to send their packages through the monopoly. It was a marvel to watch huge boats go through the canal, no more than a foot of margin on either side of a hundred-foot-wide hull. The need for such
put their banner facilities to work making cloth they could have exported clothes. We drove on to Samarkand, one of the world’s most ancient cities and the oldest of Central Asia. Although outside its graceful old-world center Samarkand was no more than the usual colorless Soviet city burdened by polluted air and traffic congestion, the ruins at its core dated back to between 3000 B.C. and 4000 B.C. After conquest by Alexander the Great, the city became a meeting point of Western and Chinese
but that’s what’s necessary to become an Olympic champion, a world-class surgeon, or a Kirov ballerina. Even then, of course, it may be all in vain. You may make a single mistake that wipes out all the work. It may ruin the sweet, lovable self you were at seventeen. That old adage is true: You can do anything in life, you just can’t do everything. That’s what Bacon meant when he said a wife and children were hostages to fortune. If you put them first, you probably won’t run the
home. The modern French portion of the city was plain and functional, with few interesting features. Here Islam took a liberal form. In wandering around the new part of the city it was hard to tell that we were in a Muslim country, let alone in Africa. To me, the combination of nearby ruins and this functional, unhurried city was yet another vivid lesson in how nothing was permanent. As this was the hometown of the PLO in exile, we kept a low profile. To keep even more out of sight, we had new