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.
Jim Rogers became a Wall Street legend when he and George Soros founded the Quantum Fund. This is the fascinating story of his 1990 investing trip around the world by motorcycle, with many tidbits of hard-headed advice for investing in foreign markets.
Author: Jim Rogers
Publisher: Random House Trade Paperbacks
Customer Reviews
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Great Book
I read this book over 2 weeks riding the train to work. It was a great read I really enjoyed it. Some of the book has lost its revelance as the book addresses some political issues that occured some time ago. However, the outlook on history was fantastic. In the end he was right. Good book even if you are not a 'finance' reader.
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More great lessons from a true explorer--a true patriot--a financial "scientist"
Despite many comments in other reviews, this book is much, much, more than a travelogue...it is essential reading for all long term investors...moreover, it ought to be essential reading for all government officials who want to keep America great. After traveling around and seeing all these countries, it is hard to see how another human being could have acquired the scope of knowledge that Rogers now possesses...so his wisdom counts! Major lesson from this book include:
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<br />1)the major focus of government should be (besides defense, police, fire, etc.) to get out of the way and unleash the desire of the population to chase high return opportunities...but not to protect the population from competition
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<br />2)eliminate protectionism and subsides for all industries within the economy...allowing one's industries to take its lumps in the world wide competitive market...otherwise, those industries will not innovate to the degree needed to stay competitive on the world market
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<br />3)nothing in society is permanent...the most successful societies adapt to and embrace change and competition...the least successful ones--the ones that end up dying--reach a point of success...then get fat and happy and try to preserve their status at all costs
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<br />4)do NOT leave your finances in the hands of others...even Jim Rogers did this...and he had his money stolen out from under him!!
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<br />5)stable, long term relationships are invaluable...poor Jim travels around with this "young leggy blonde" (who my mom referred to as a "tart")...who he obviously loves...but who appears to have "hit the road" after the trip...too bad...
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Great travel yarn as the Iron Curtain was coming down
I really enjoyed this book. He made some really great predictions, and was off the mark on others. The dollar being devalued is happening now, but there were no wars in Central Europe, except Yugoslavia. Very insightful travel book, ala Iberia from James Michener though not as academic. Easy, exciting read.
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