Legendary investor Jim Rogers talks about his beginnings in investing, his best investing decision, and the best advice he’s ever received, CNNMoney reports.
Rogers says his best investing decision was teaching his girls Chinese. “In their lifetimes, Mandarin is going to be the most important language,” he comments. “And I’m teaching them about Asia.”
What’s the best advice Rogers has ever received?
“Figure out what’s really happening by figuring out the money, and then you can probably succeed yourself. Don’t beleive most of the stuff you read on the newspapers or on TV. They’re just rattling off the party line. If you can figure out where the money is really coming from and where the money is really going, then you’ll probably be very successful in your life.”
Reprinted from BullSource.
Jim Rogers has taught finance at Columbia University’s business school and is a media commentator worldwide. He is the author of Adventure Capitalist, Investment Biker, Hot Commodities, A Gift to My Children, and A Bull in China. See his website.