Jim Rogers: Adventures of a restless investor $GS $C $MS $BAC $BCS
He lost money early in his career, he tells us, by shorting stocks that would indeed nosedive, but too late. He eventually did well enough to buy and renovate a 10,000 square-foot-mansion on Manhattan's Riverside Drive, where he proudly held annual Mardi Gras parties.
Now invested mostly in commodities and currencies, Rogers says that his gift is for spotting long-term trends — from the bursting of the housing bubble (he was again an early Cassandra) to the rise of Asia as an economic superpower. He demonstrated his commitment to that idea by moving his family to Singapore, where he now lives and where his two young daughters have learned Mandarin.
He considered Shanghai and other Chinese cities, he writes, but found them too polluted (arguably the result of the unbridled capitalism that he generally applauds).
It can be hard to pigeonhole Rogers's idiosyncratic views. But for the most part, he comes off as a sort of populist capitalist, with strong libertarian tendencies. He espouses free markets, free trade and open borders. He disdains the U.S. Patriot Act, the policies of the Federal Reserve, most taxes, and the last three U.S. presidents.
He wishes the U.S. Congress would abandon Washington (and its hordes of lobbyists) and meet instead via the Internet. Or that it would disband entirely and be replaced by random ordinary folks doing their civic duty.