Friday, December 24, 2010

Jim Rogers, Adventure Capitalist


I am currently reading Adventure Capitalist, by Jim Rogers, a favorite investment guru of mine. Traveling around the world in a modified Benz in 2003, Jim Rogers describes his journey through the lens of someone seeking environments conducive to free exchange. In other words, the more free a location is of government and/or military coercion, the more desirable it is as a potential investment opportunity. His perceptions on cultures and governments are eye-opening.

...and I am only sixty or so pages into it.

So far, they have entirely covered Europe. They have spent time listening to the Grateful Dead while cruising down one of the world’s best highways in Turkey -- an American made artifact from the Cold War. They have had dinner with American ex-pats in Central Asia -- men incapable of making it on Wall Street during the booming nineties who now have cushy government jobs touting the world about "American capitalism”. From there, they went on to deal with the uninviting mafia-type culture of the “new” Russia and viewed the repercussions of seventy years of Soviet central planning. The ecological disaster that once was the Aral Sea may take another seven thousand to heal. Once a source of an eighth of all fish in the Soviet Union, it now supports no life, drained dry by Soviet-built dams. Jim also describes being the first human being to drive across China three times. (Rogers wrote about an earlier travel in another book Investment Biker.) The incredible changes that have occurred in the short time between his trips are astonishing.

The interesting thing about travel is that our preconceived notions are almost always different than our perceptions once we have actually been there. Unlike most travelogues, I have found his perceptions of Asia to be very similar to those I have from my trips there, so I look forward to his views on the rest of the world.

Like I said, I have just begun this great read. If you like adventure, travel and a unique perspective, this is great stuff. I am guessing I will be elaborating on it more in the future.

No comments:

Subscribe via email

Enter your email address:

Delivered by FeedBurner

Followers