The next bull market is here. Ityes'>#8217;s not in stocks. Ityes'>#8217;s not in bonds. Ityes'>#8217;s in commodities yes'>#8211;and some smart investors will be riding that bull to record returns in the next decade.Before Jim Rogers hit the road to write his bestselling books Investment Biker and Adventure Capitalist, he was one of the worldyes'>#8217;s most successful investors. He cofounded the Quantum Fund and made so much money that he never needed to work again. Yet despite his success, Rogers has never written a book of practical investment adviceyes'>#8211;until now. In Hot Commodities, Rogers offers the lowdown on the most lucrative markets for today and tomorrow. In 1998, gliding under the radar, a bull market in commodities began. Rogers thinks ityes'>#8217;s going to continue for at least fifteen yearsyes'>#8211;and heyes'>#8217;s put his money where his mouth is: In 1998, he started his own commodities index fund. Ityes'>#8217;s up 165% since then, with more than $200 million invested, and ityes'>#8217;s the singlebest performing index fund in the world in any asset class. Less risky than stocks and less sluggish than bonds,, commodities are where the money isyes'>#8211;and will be in the years ahead. Rogersyes'>#8217;s strategies are simple and straightforward. You can start smallyes'>#8211;a few thousand dollars will suffice. Ityes'>#8217;s all about putting your money into stuff you understand, the basic materialsof everyday life, like coal, sugar, cotton, corn, or crude oil. Once you recognize the cyclical and historical trading patterns outlined here, youyes'>#8217;ll be on your way.In language that is both colorful and accessible, but Rogers explains why the world of commodity investing can be one of the simplest of allyes'>#8211;and how commodities are the bases by which investors can value companies, markets, and whole economies. To be a truly great investor is to know something about commodities.For small investors and high rollers alike, Hot Commodities is as good as gold . . . or lead, or aluminum, which are some of the commodities Rogers says could be as rewarding for investors.From the Hardcover edition.
If the twentieth century was the American century, then the twentyfirst century belongs to China. Now the one and only Jim Rogers shows how any investor can get in on the ground floor of yes'>#8220;the greatest economic boom since Englandyes'>#8217;s Industrial Revolution.yes'>#8221;In this indispensable new book, one of the worldyes'>#8217;s most successful investors, Jim Rogers, brings his unerring investment acumen to bear on this huge and unruly land now being opened to the world and exploding in potential.Rogers didnyes'>#8217;t just wake up a Sinophile yesterday. Heyes'>#8217;s been tracking the Chinese economy since he first went to China in 1984 in preparation for his roundtheworld motorcycle trip and then again, later, when he saw Shanghaiyes'>#8217;s newly reopened stock exchange (which looked like an OTB office). In the decades that followedyes'>#8211;especially in recent years, with the easing of Communist party financial dictatesyes'>#8211;the facts speak for themselves:yes'>#8226; The Chinese economyyes'>#8217;s growth rate has averaged 9 percent since the start of the 1980s.yes'>#8226; Chinayes'>#8217;s savings rate is over 35 percent (in America, ityes'>#8217;s 2 percent).yes'>#8226; 40 percent of Chinayes'>#8217;s output goes to exports (so thereyes'>#8217;s no crippling foreign debt).yes'>#8226; $60 billion a year in direct foreign investment, combined with a trade surplus, has brought Beijingyes'>#8217;s foreign currenc reserves to over $1 trillion.yes'>#8226; Chinayes'>#8217;s fixed assetsyes'>#8211;ports, bridges, and roadsyes'>#8211;double every two and a half years. In short, if projections hold, China will surpass the United States as the worldyes'>#8217;s largest economy in as little as twenty years. But the time to act is now. In A Bull in China, youyes'>#8217;ll learn what industries offer the newest and best opportunities, from power, energy, and agriculture to tourism, water, and infrastructure. In his trademark downtoearth style, Rogers demystifies the state policies that are driving earnings and innovation, takes the intimidation factor out of the Ashares, Bshares, and ADRs of Chinese offerings, and encourages any reader to trust his or her own expertise (if youyes'>#8217;re a car mechanic, check out their auto industry). A Bull in China also features fascinating profiles of yes'>#8220;Red Chipyes'>#8221; companies, such as Yantu Changyu, Chinayes'>#8217;s largest winemaker, which sells a yes'>#8220;Healthy Liquoryes'>#8221; line mixed with herbal medicines. Plus, if you want to export something to China yourselfyes'>#8211;or even buy land thereyes'>#8211;Rogers tells you the steps you need to take.No other bookyes'>#8211;and no other authoryes'>#8211;can better help you benefit from the new Chinese revolution. Jim Rogers shows you how to make the yes'>#8220;amazing energy, potential, and entrepreneurial spirit of a billion peopleyes'>#8221; work for you.From the Hardcover edition.
Legendary investor Jim Rogers gives us his view of the world on a twenty-two-month, fifty-two-country motorcycle odyssey in his bestselling business/adventure book, Investment Biker, which has already sold more than 200,000 copies. Before you invest another dollar anywhere in the world (including the United States), read this book by the man Time magazine calls “the Indiana Jones of finance.” Jim Rogers became a Wall Street legend when he co-founded the Quantum Fund. Investment Biker is the fascinating story of Rogers’s global motorcycle journey/investing trip, with hardheaded advice on the current state and future direction of international economies that will guide and inspire investors interested in foreign markets.NOTE: This edition does not include a photo insert.
The best-selling author of The Investment Biker describes his three-year drive around the world with his fiancée Paige Parker, combining tales of his adventures in 116 countries with an insightful analysis of the global economy and the political, social, and cultural situation in various regions of the world. Reprint. 40,000 first printing.
He';s the swashbuckling world traveler and legendary investor who made his fortune before he was forty. Now the bestselling author of A Bull in China, Hot Commodities, and Adventure Capitalist shares a heartfelt, indispensable guide for his daughters (and all young investors) to find success and happiness. In A Gift to My Children, Jim Rogers offers advice with his trademark candor and confidence, but this time he adds paternal compassion, protectiveness, and love. Rogers reveals how to learn from his triumphs and mistakes in order to achieve a prosperous, well-lived life. For example:
- Trust your own judgment: Rogers sensed China';s true potential way back in the 1980s, at a time when most analysts were highly skeptical of its prospects for growth.
- Focus on what you like: Rogers was five when he started collecting empty bottles at baseball games instead of playing.
- Be persistent: Coming to Yale from rural Alabama, and in over his head, Rogers never stopped studying and wound up with a scholarship to Oxford.
- See the world: In 1990, Rogers traveled through six continents by motorcycle, gaining a global perspective and learning how to evaluate prospects in rapidly developing countries such as Brazil, Russia, India, and China.
- Nothing is really new: anything deemed "innovative" or "unprecedented" is usually just overhyped, as in the case of the Internet or TV, airplanes, and railroads before it - And not a bit off the subject and very important: Boys will need you more than you';ll need them!
Wise and warm, accessible and inspiring, A Gift to My Children is a great gift for all those just starting to invest in their futures.
Wall Street legend and bestselling author Jim Rogers offers investing insights and economic, political, and social analysis, drawing on lessons and observations from his lifetime in the markets.
Jim Rogers, whose entertaining accounts of his travels around the world -- studying the markets from Russia to Singapore from the ground up-- has enthralled readers, investors and Wall Street aficionados for two decades in such books as Investment Biker, Adventure Capitalist, Hot Commodities and A Bull In China . In his engaging memoir Street Smarts, Rogers offers pithy commentary from a lifetime of adventure, from his early years growing up a naïve kid in Demopolis, Alabama, to his fledgling career on Wall Street, to his cofounding the wildly successful Quantum Fund.[omit George Soros] Rogers always had a restless curiosity to experience and understand the world around him.
In Street Smarts, he takes us through the highlights of his life in the financial markets, from his school days at Yale and Oxford -- where despite the fact that he didnt have enough money to afford the appropriate pair of shoes, he coxed the crew and helped to win the Oxford-Cambridge Boat Race as well as the Thames Cup, the first of his three Guiness World Records,-- to his first heady taste of Wall Street in the mid - 1960s, and his years helping to run the most successful hedge fund on Wall Street. As a result of his extrardinary success with the Quantum Fund, Rogers was able to retire at the age of thirty-seven. Since then he has taught classes in finance at Columbia University, hosted television programs, and traveled the world seeing firsthand how revolutions in Chile affect coffee prices in Seattle, and how shortages of copper in Africa affect electricity brownouts in Ohio.
In the course of his new book, Rogers offers often surprising observations on how the world works and what trends he sees in the future. He explains why Asia will be the dominant economic force in the twenty-first century and how he and his wife and two daughters moved to Singapore to prepare his family for the coming changes.. He discusses why America and the European Union are in decline, and what we need to do to right our economy and society. The age of Wall Street, Rogers claims, when the finance industry drove 25% of Americas growth, is over. Tomorrows economy will be driven by those who make things food, energy, goods and consumables.
Regarded as one of the most astute investors Wall Street has ever known, Jim Rogers once again is at his acerbic and storytelling best.
From the Hardcover edition.
This book is about the author's amazing trip across six continents and the world economy and society. It discusses who's sinking and who's swimming, which countries are on the rise and which are collapsing, where you can make a million and where you could lose one. Every place he stopped on the trip, Rogers talked to businessmen, bankers, investors and regular people. He learned reams of information that you'd never learn from reading the financial pages of any periodical. Delivers a thrilling account of the journey of a lifetime and provides tips that would enable you to pay for a trip just like it.
Profiting from China without getting burned is currently an obsession with the international investment community. The estimated size of the Chinese economy has just been revised upwards, making it the 4th largest in the world behind the US, Japan and Germany, and ahead of the UK but the idea that investing in China is a sure-fire, get-rich-quick investment story is dangerously misleading.
* The author of the bestselling Investment Biker, Adventure Capitalist, and Hot Commodities, is providing a book that provides a window into what will soon be the most vital, most lucrative market of our time: China.
* While the Chinese economy has had an annual average growth of 9.4 percent since 1978, and despite the ongoing speculation about China's future, its stock market is now emerging from a six-year low.
* As the Chinese economy continues to lumber toward a free market system - and as the Chinese government inevitably unpegs its currency and opens its stock market to more foreign investment, Rogers foresees an abundance of opportunities for investors.
* In this book, he shows readers not only how to take advantage of
China's coming dominance - what, where, how, and when to buy - but how China will impact individual companies, markets, and economies around the world.
* "Nobody with blue eyes has ever made money investing in China," the old saying goes.
Jim Rogers aims to disprove this adage.
Jim Rogers co-founded the Quantum Fund and retired at age 37. Since then, he has served as a sometime professor of finance at Columbia University's business school, and as a media commentator. He appears twice a week on Fox Business News, and is the author of three immensely successful books.
When I was a boy, my father often pulled me aside to convey lessons intended to build what we generally refer to as "character". Often his advice was very simple - work hard, think for yourself, do right by others - but I believe those lessons provided the foundation for everything that has followed in my life. Now that I'm a dad myself, I wanted to put them down in one place, with examples of my own experiences, as a guide to life, adventure, and investing, both for my young daughters and for anyone seeking success in his or her chosen field. I hope that parents will be inspired to give this book to their children, and vice versa, as many of the lessons that I have learned apply not just to young people but to all adults-for example, question everything, never follow the crowd, and beware of boys! What a lovely, lovely book! Though I've read all you've written, this one really touched me. It is, of course, a love letter to your daughters, which is not only a wonderful, meaningful thing to do, but it was filled with exactly the kind of advice all fathers should give. Your new book will stay on my shelf for a long, long time, and I'll be giving it to my own kids to read.
--Nicholas Sparks, author of The Notebook, Dear John, and The Last Song
The next bull market is here. It's not in stocks. It's not in bonds. It's in commodities - and some smart investors will be riding that bull to record returns in the next decade. Before Jim Rogers hit the road to write his best-selling books Investment Biker and Adventure Capitalist, he was one of the world's most successful investors. He co-founded the Quantum Fund and made so much money that he never needed to work again. Yet despite his success, Rogers has never written a book of practical investment advice - until now. In Hot Commodities, Rogers offers the low-down on the most lucrative markets for today and tomorrow. In late 1998, gliding under the radar, a bull market in commodities began. Rogers thinks it's going to continue for at least fifteen years - and he's put his money where his mouth is: In 1998, he started his own commodities index fund. It's up 165% since then, with more than $200 million invested, and it's the single-best performing index fund in the world in any asset class. Less risky than stocks and less sluggish than bonds, commodities are where the money is - and will be in the years ahead. Rogers's strategies are simple and straightforward. You can start small - a few thousand dollars will suffice. It's all about putting your money into stuff you understand, the basic materials of everyday life, like copper, sugar, cotton, corn, or crude oil. Once you recognize the cyclical and historical trading patterns outlined here, you'll be on your way. In language that is both colourful and accessible, Rogers explains why the world of commodity investing can be one of the simplest of all - and how commodities are the bases by which investors can value companies, markets, and whole economies. To be a truly great investor is to know something about commodities. For small investors and high rollers alike, Hot Commodities is as good as gold . . . or lead, or aluminium, which are some of the commodities Rogers says could be as rewarding for investors.
Social work with vulnerable adults is becoming increasingly centred on a key piece of legislation: the Mental Capacity Act. The Act provides a framework for protecting the vulnerable while allowing those who may lack capacity to have certain safeguards enshrined in law.
This book will help support students to learn two things: first, how the Mental Capacity Act operates and what its key principles are when applied to safeguarding adults; and second, what are the compassionate skills and values that need to be interwoven with legislative knowledge? The authors show how these two principles interact and inform one another and how taking a person-centred approach to safeguarding vulnerable adults will mean better outcomes for the individual and our wider society.
This book will help students develop their understanding of how the internet is impacting on social work education and practice in 21st century. Essential reading for students interested in the influence of digital technology and social media, including the impact of digital divides, this book looks at how the value-base of social work can have a positive effect on service users and carers who engage with digital services.