Well, finally I started to read the book "The Investment Biker" Around the world with Jim Rogers.
I don't really know why I took so long to read it but once I started I was hooked. Here is a man who made a fortune on Wall Street, retired from there taught and still teaches economics at Columbia University, giving it all up for 22 months and spends it as an "Eco" as in economic traveler, going around the world with his fiance on BMW motorcycles.
Since he did this in the early 1990s things have changed of course but his description of financial opportunities along with the travel log shows a world few of us will ever experience. From the safety of the US to the dangers of the Sahara the jungles of central Africa the immense landmass of Russia and China to emerging countries of South and central America.
One thing is found throughout the book....."the less Government interferes with the economy, the more successful the countries become."
Sadly though he points to our country as one that is going more and more toward Statism and regulations. The fact that any country that loses its freedoms and its dedication to free trade is doomed to become a third world country.
His description of the countries and the people is marvelous and the closing paragraph of the book really hits home:
" If there is one thing I have learned in going around the world, it's that societies become rich,swagger around for a few years, decades or centuries and then their hour is done. The other thing I have learned is that when all the wealth is gone, life goes on.
More important,I've also learned that if you've got a dream, you have to try it, you must get it out of your system. You'll never get another chance.
If you want to change your life,do it!"
This is one professor that I would have loved to be my instructor as he practiced what he teaches!
Thanks Philip for letting me have this book!
Thursday, January 28, 2010
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Glad you liked it! Nice post!
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