The bestselling author of Investment Biker is back from the ultimate road trip: a three-year drive around the world that would ultimately set the Guinness record for the longest continuous car journey. In Adventure Capitalist, legendary investor Jim Rogers, dubbed “the Indiana Jones of finance” by Time magazine, proves that the best way to profit from the global situation is to see the world mile by mile. “While I have never patronized a prostitute,” he writes, “I know that one can learn more about a country from speaking to the madam of a brothel or a black marketeer than from meeting a foreign minister.”
Behind the wheel of a sunburst-yellow, custom-built convertible Mercedes, Rogers and his fiancée, Paige Parker, began their “Millennium Adventure” on January 1, 1999, from Iceland. They traveled through 116 countries, including many where most have rarely ventured, such as Saudi Arabia, Myanmar, Angola, Sudan, Congo, Colombia, and East Timor. They drove through war zones, deserts, jungles, epidemics, and blizzards. They had many narrow escapes.
They camped with nomads and camels in the western Sahara. They ate silkworms, iguanas, snakes, termites, guinea pigs, porcupines, crocodiles, and grasshoppers.
Best of all, they saw the real world from the ground up—the only vantage point from which it can be truly understood—economically, politically, and socially.
Here are just a few of the author’s conclusions:
• The new commodity bull market has started.
• The twenty-first century will belong to China.
• There is adramatic shortage of women developing in Asia.
• Pakistan is on the verge of disintegrating.
• India, like many other large nations, will break into several countries.
• The Euro is doomed to fail.
• There are fortunes to be made in Angola.
• Nongovernmental organizations (NGOs) are a scam.
• Bolivia is a comer after decades of instability, thanks to gigantic amounts of natural gas.
Adventure Capitalist is the most opinionated, sprawling, adventurous journey you’re likely to take within the pages of a book—the perfect read for armchair adventurers, global investors, car enthusiasts, and anyone interested in seeing the world and understanding it as it really is.
|Publisher:||Random House Publishing Group|
|Product dimensions:||6.42(w) x 9.50(h) x 1.23(d)|
About the Author
Born in 1942, Jim Rogers had his first job at age five, picking up bottles at baseball games. Winning a scholarship to Yale, Rogers was coxswain on the crew. Upon graduation, he attended Balliol College at Oxford. After a stint in the army, he began work on Wall Street. He cofounded the Quantum Fund, a global-investment partnership. During the next ten years, the portfolio gained more than 4,000 percent, while the S&P rose less than 50 percent. Rogers then decided to retire—at age thirty-seven—but he did not remain idle.
Continuing to manage his own portfolio, Rogers served as a professor of finance at the Columbia Univer-sity Graduate School of Business and as moderator of The Dreyfus Roundtable on WCBS and The Profit Motive on FNN. At the same time, he laid the groundwork for his lifelong dream, an around-the-world motorcycle trip: more than 100,000 miles across six continents. That journey became the subject of Rogers’s first book, Investment Biker (1994), now available from Random House Trade Paperbacks.
While laying plans for his Millennium Adventure 1999–2001, he continued as a media commentator at Worth, CNBC, et al., and as a sometime professor.
He now contributes to Fox News, Worth, and others as he and Paige eagerly await their first child.
He can be reached at www.jimrogers.com.
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Copyright © 2004 Jim Rogers.
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Most Helpful Customer Reviews
Jim Rogers, an independent, insightful global investor, wrote this great modern adventure story. He made his money by being an investment iconoclast and that maverick attitude shows in his forthright assessments of entire nations and government bureaucracies. His ground-level adventures are entertaining, but they also provide fundamental research about global markets that economists and corporate strategists should find very valuable. If Rogers is right, his feedback could save strategists hundreds of thousands of dollars in research or consulting fees. He seems to report his observations honestly. He flatly states which countries he thinks are disintegrating, and which ones he thinks seem to be ascending. And, he throws in some disturbing opinions about the U.S. We find this book valuable for global investors, corporate strategists and people interested in adventure travel. While Rogers and his traveling companion had to endure months of inconvenience, inoculations and car trouble to make their trek, you can enjoy their story from your home or office - unless, of course, it inspires you to hit the road.
99% the same story as Investment Biker, but with only 60% of the drama, and 30% longer rants against corrupt government officials. I agreed with most of them. I liked this book, but not as much as IB. This time Jimmy didn't have to change money on the black market, he wasn't almost thrown in an African jail etc. If you have read IB, you've read this one too, if you haven't get IB instead.
I'm reading it a second time again. The book is a great read for people who love adventure, and those with an entrepreneurial spirit. If you have both, the book is even better, but regardless of where you come from in live, you will benefit from reading it. Through the book you can see some of the world 'from the ground up', and Jim makes it so the reader can identify with much going on. It is one of my favourite books! DJ
This easy and enjoyable read offers as much or more insight into contemporary globalism as any book of the past several years and is on par with Thomas Friedman's work. A comparison to J.R.R. Tolkien's 'The Hobbit (or, There and Back Again)' might even be appropriate if Rogers wasn't so keen on traveling. From the Outback to the Far East through the Ukraine into Europe onto the Dark Continent and throughout the Americas, Rogers and Paige Parker- whom he married during the trip, explore not only economies and geographies, but the human spirit to live and prosper. Surprisingly for what would not generally be included in a book presumably about finance, the love story between Jim and Paige is sweet and makes the book that much better. Jim's relationship with his father will make any person (especially a son) think about dad and is a poignant part of the book in its examination of the human condition. The wisdom of this book is actually rather simple- virtually all people want life, liberty and happiness. Sadly, there are killers, cheats, thieves, thugs, dictators, bureaucrats, politicans and other flunkies (upon reading the book, you'll chuckle at this usage) putting up roadblocks all around the world that make this endeavor difficult, if not sometimes impossible. You will meet Ukrainian mobsters, soldiers of many motivations, NGO leeches, restauranteurs, prostitutes, business people, mechanics, mothers, fathers, children and many others. With each encounter you will learn about the world in a personally understandable way. Any reader will likely come away a better investor, even if skipping the economics. Add in the economics and maybe you can get as rich as Rogers. The opportunities that exist around the globe are as vast and full of potential than has ever existed before. Many countries are overcoming the roadblocks, albeit slowly, that are in their way on the road to peace and properity. In an increasingly borderless age- labor, resources, technology and investment are moving in the direction of a great global development. If we can avoid stepping on ourselves, many countries will develop comparative advantages in the next few decades that will make many people rich and increase the global standard of living. The ability to understand where, how and with whom those advantages will develop is the key that this book helps unlock. If you have any desire to know about the world from the ground level, to know about the people, places and things that are out there, if nothing else, you will enjoy this book. If you are anything like me, you'll wish that for just awhile, you were Jim Rogers.
I have traveled a good bit too. But, nowhere near as extensively as Jim Rogers. In fact, I doubt anyone has. This gives him a very unique perspective on the world. His accounts are entertaining as well as educational, both unbelievable and wholly realistic at the same time. As an International Management major, I read as Jim Rogers experienced first hand many of the theories that I have learnedin the classroom. It was an amazing book. But be careful not to read it too fast. I found the best thing to do was read a chapter and then put the book down so that I could actually absorb what he had written. The book is so full of culture-specific information, if you don't stop to let it sink in, you won't fully grasp it. If I ever have the funds to start up, I believe that Jim Rogers told me how to become a millionaire.
Dated at this point, but a worthwhile read if one is interested in how badly dysfunctional the world we live in is.Rogers is a surprisingly decent writer. Seems like a decent fellow also.
A bit of hyperbole in being the "only person ever to..." in some places, but very good. I wished he had focused a bit more on some places. Very illuminating and intriguing last chapter about the US and Greenspan.
Jim Rogers might full of himself and slightly neo-classical in outlook but he seems to be full of life and would certainly make a fascinating travel companion. Don't forget, Jim Rogers may have more to due with George Soros' success than Soros himself. Definately worth the effort.
What a great book. This was one of the easiest reads I have come across in a long time. From the time I started to the time I finished it was so hard to put it down. It was filled with great insights into investing. However, what I loved the most was all of the great travel stories. This is a great book! Anyone who likes traveling will LOVE this book.