Jim Rogers: economic lessons + why he would invest in Venezuela
In 1990s, the legendary investor Jim Rogers took a trip around 52 countries and six continents, the adventure he then documented in his book Investment Biker: Around the World with Jim Rogers. He wanted to see for himself what the economic climate in different parts of the world was like, including emerging markets such as Russia, China, and Argentina.
In this podcast, he talks about which of the lessons he learned back then, are still applicable today. Rogers explains why he would invest in Venezuela, and reveals how he examines the level of corruption in a country. The investor is skeptical about business schools, and is a firm believer in the supply and demand rule as the ultimate driver of success.
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller)
