Lessons for Life and Investing with Author, Investor Jim Rogers 2/3

by TheAlexJonesChannel on Nov 15, 2011

On the Monday, November 14 edition of Infowars Nightly News, Alex talks with investor, author, and financial commentator Jim Rogers.
http://www.jimrogers.com/
http://www.prisonplanet.tv/
http://www.infowars.com/

One of the opening thoughts he share’s is to take our own plunge into the world or living: It is important to decide for yourself what’s important to you and what you want before you turn to others. “Swim your own races: Do not Let Others Do Your Thinking for you”, he says. His skepticism to depend on others is reflected throughout the writings.  For a self-made man, I think it is an apt attitude.  He goes on to tell the importance of being a self-starter. He  picked empty soda bottles from the streets and made money from it at the age of six.

The fundamental style by which this investor operates is by cutting across social barriers, political barriers and geographical barriers. He believes in going where his money works best. Unlike his countrymen who are poor travellers, Jim loves to go across the world all on his own; he enjoys seeing the cultural and moral life of others.

Where should a person start in order to be successful? The answer is easy: Try as many things as you can, then pursue the one (or two or three) about which you’re passionate. People who follow their passions do not “go to work.”

On book learning: Jim is a bit allergic to sterile academic learning. He speaks about the importance of learning through observing life and attitudes of people and society. No amount of book learning can bring in the information one gets from this kind of field experience. He writes: Let the world be a part of your perspective. He quotes Rudyard Kipling’ “The English Flag”:

Winds of the World, give answer! They are whimpering to and fro —       

And what should they know of England who only England know?

Again, He says,

“People who can observe events as they unfold will certainly acquire wealth. After touring the world from 1990 to 1992, I wrote my first book , Investment Biker. Recently a reporter remarked to me how many of the predictions I made in that book had come true, such as the rise of nationalism and militant Islam, “How was I able to foresee the future?”  he wanted to know.  I simply did what an experienced investor did: I read the news”.

http://seasonbooks.wordpress.com/2011/08/03/investing-lessons-for-a-lifetime/

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