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A Gift to My Children: A Father's Lessons for Life and Investing Hardcover – International Edition, May 8, 2009
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Top Customer Reviews
Each chapter is a lesson on a major quality of character or "virtue"; and each chapter is about several pages long. Each lesson is elaborated and explained with real events in Jim Rogers' life - his childhood in rural AL and his investment decisions.
This book is definitely NOT an investment book, but I am more than happy to learn about personal stories of this legendary investor, particularly about his thought process, mindset, and insights about being a father and investor.
Obviously he writes with his unique set of values and ideas about where to live (don't live in a country involved in any kind of war), what to become (a world citizen), and what to learn (philosophy and history), but in this little book I have found gems of wisdom common to a few very successful people I personally know. They universally credit their success to: 1)think on your own, 2) hard work and never quit, 3) read as much as you can, 4) always prepare for the worst, 5) save and don't carry debt, and 6) start your child early.
If you write a book for your child, what would you include and exclude? Under this premise I think Jim Rogers has done an excellent job so I rate this book with five stars.
by Jim Rogers
What follows is just my quick list of interesting takeaways from the book, 'A Gift to My Children: 'A Father's Lessons for Life & Investing', by American investor extraordinaire Jim Rogers, now based in Singapore, who is acknowledged by Time as 'The Indiana Jones of Finance'.
Frankly, all the stuff from the book has nothing much to do with finance &/or investing.
They are essentially pearls of wisdom from his world of "hard knocks", which Jim wants to share with his two beautiful daughters, respectively nicknamed in Chinese as 'Happy' (7) & 'Babe Bee' (2).
* Swim your own races
- do not let others do your thinking for you;
- rely on your own intelligence;
- it's important to decide for yourself what's important to you and what you want before you turn to others;
- if anyone laughs at your idea, view it as a sign of potential success;
- be who you are; be original; be bold;
- above all, be ethical;
- save ~ you must avoid the trap of spending $ willy nilly simply because you can;
* Focus on what you like
- Age is irrelevant when you are passionate about a goal;
- when you find something that interests you, just do it!Read more ›
I personally believe that Jim Rogers is one of the most inspiring people alive and he's a hero of mine. He grew up poor in rural Alabama to become, among other things, a Wall Street legend, a fascinating author of multiple books, a model father, a principled libertarian who actually lives and breathes a life of freedom, and a world record holder for his adventurous travels. This book gives you reference points to enjoying success the way Rogers has.
I've read Warren Buffett's biography "The Snowball" and while there is much to admire about Buffett's life and career, I would say that Jim Rogers' life has been far more fascinating and admirable. It's a shame that investors like Rogers are perhaps overlooked for media/PR strategists like Buffett who often pander to dogma. Jim's contrarian approach to life has made him a master investor but it also makes him difficult to digest for people who aren't used to thinking outside the box. I can't help but admire his commitment to do things his own way.
Most Recent Customer Reviews
A great book!
I will have my son, 12, read one chapter a week until he gets it. This is his enrichment reading :)
I am the first one in my family to go to college. Both my parents are blue collar workers. They love me but couldn't provide much help in my life and career after college and grad... Read morePublished 5 months ago by Canaan Song
very basic but its a good book for anyone to read when it comes to making proper decisions throughout your life.Published 6 months ago by sharkattack
On any WISDOM and priorities in life, a message to (ones own) next generation (i.e. kids and grand-kids) I consider the most important, in contexts to Jim Roger's book (A Gift to... Read morePublished 7 months ago by RJM
This is a marvelous book to own and pass down to your children and your children's children. It is filled with sage advice and investing advice as well. Read morePublished 9 months ago by Delores J. Jordan
Lots of scratches on the disk unable to play it in the audio system however I was able to copy it in computer.Published 10 months ago by Pal Sadasivan