Jim Rogers has three hot tips for investors: Question everything, never follow the crowd, and beware of boys!
Rogers is the bow-tied adventure capitalist who co- founded Quantum Fund with George Soros. He made enough money to retire at 37, then toured the globe on a motorcycle.
Now 66, Rogers is exploring the uncharted territory of fatherhood for the first time. In A Gift to My Children, he distills the lessons of his investing life into an open letter to his daughters Happy (born in 2003) and Baby Bee (who joined the family last year). The result is a zippy if uneven booklet of fatherly advice from a man who long scoffed at parenthood.
The oldest of five boys, Rogers spent a lot of time looking after his siblings and saw what a burden it was, he says. He only changed his mind about kids, it seems, after meeting a Southern belle named Paige Parker and taking her on another jaunt around the globe, this time in a four-wheel-drive Mercedes-Benz.
Funny how a young bride can change a guy.
Jim Rogers has taught finance at Columbia University’s business school and is a media commentator worldwide. He is the author of Adventure Capitalist and Investment Biker. See his website.