Title/Author: Investment Biker by Jim Rogers
Reason for Reading: Found while browsing the business section of book store
Pre-thought: Why is there a picture of an old guy sitting on his motorcycle on the front cover
Recap of Book: If you are looking to learn about investing outside of the united states, particularly in developing third world nations then this book is definitely for you. Jim Rogers, co-founder of the Quantum Fund travels the world going through 52 countries and analyzing their economic and investment potential. You will be surprised at what type of economy he considers a good investment and how simple his investing strategy is when he finds a country worth investing in. He always sticks to the major components of an economy, places that provide public utilities and banks are among his favorites.
The best part of this book is not only do you get a free tour of the world but you get to view it through the eyes of one of the most experienced investors of all-time. This book isn't just about investing in third world countries. Follow along on his journey and he will describe all of the hardships he had while traveling the world on a motorcycle to include crossing borders, traveling through countries in civil war, traveling through desolate areas, and managing his finances back in the states.
Anyone who picks up this book is due to for a new outlook on investing, the world, and it really brings some of the stuff you were taught in geography and history class to life for you.
Interesting Points: Investing in a country that oftentimes is unaware that they even have their own stock markets or investment centers is something I wouldn't dare try. It is quite a treat to read about how Jim Rogers did exactly this without any hesitation.
Recommended Audience: I recommend this book to anyone who wants to travel the world in the rawest from but doesn't have the funds to do it themselves or to any investor who is interested in investing in developing nations. Before you invest a dime read this book.
After-thought: This book was able to maintain my interest because of the personal touch it has. Imagine if Benjamin Graham wrote about his experiences to get to the point of writing the Intelligent Investor instead of just explaining the mentality and strategy.