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A Gift to My Children: A Father's Lessons for Life and Investing Hardcover – International Edition, May 8, 2009

4.3 out of 5 stars 81 customer reviews

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Editorial Reviews

From Booklist

Legendary investor Rogers cofounded the Quantum Fund with George Soros in 1970, retired at the age of 37 in 1980, and spent a number of years traveling through China and six continents by motorcycle. He recently fathered two daughters in his sixties and wrote this small memoir to share with them some of the insights that he has garnered from his experiences. He advises to make your own decisions in life rather than listening to others, to figure out what you love to do and focus on that rather than what is expected of you, and to have a dream and to live your dream. In the area of finances, he says to save and invest early on rather than spending frivolously, so that you will be able to afford the important things in life later, and to do your own research, draw your own conclusions, and look to the future—not the past—for great ideas. These and other nuggets of wisdom from this self-made man are worth reading several times over. --David Siegfried --This text refers to an out of print or unavailable edition of this title.

Review

"The wisdom packed into this little book is [in] 85 pages is wonderful." (Blog.III.co.uk, July 21st 2009)
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Product Details

  • Hardcover: 112 pages
  • Publisher: John Wiley & Sons Ltd (May 8, 2009)
  • Language: English
  • ISBN-10: 0470742682
  • ISBN-13: 978-0470742686
  • Product Dimensions: 5.3 x 0.5 x 8 inches
  • Shipping Weight: 8.5 ounces
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (81 customer reviews)
  • Amazon Best Sellers Rank: #3,963,704 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Hardcover
I have never read any of Jim Rogers prior books, but I am pleasantly surprised to find this little book insightful and enjoyable to read. He provided his answers to questions such as how to best prepare our children for the future. As a father of a five year old daughter, I fully appreciate a book just like this.

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.
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Format: Hardcover
'A Gift for My Chidren: A Father's Lessons for a Life & Investing',
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 ›
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Format: Hardcover Verified Purchase
I've read all of Jim Rogers' books. All his books are well-written, entertaining, and easy to read. This one is no exception. It is filled with simple, good-ol-fashion advice for both adults and children. However, some of the examples Rogers uses to explain his idea may be hard for children to grasp, e.g. shorting stocks! Unless you plan to educate your kids about finance and economics early on, this book may be more appropriate for college-bound age teenagers or older.
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Format: Hardcover
This is simply a moving, touching soul will not only to his daughters, but also to the children of the world. Thanks for sharing your insight with us. I just cannot agree with you more. Learn from history, have indepedent thinking, mostly conventional wisdom is wrong. Thanks you, Jim, for sharing your the wisdom of wisdom!
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Format: Hardcover
This is a wonderful little book that you can reread over and over again for gems of advice on life and investing. The heartfelt nature of the advice from Jim Rogers to his beloved children really comes through. The advice is very simple and direct so this book would make a great gift for the young but the book is deep and thoughtful enough to inspire readers of all ages. I suppose that how much one appreciates this book depends to some extent on how much you admire Jim Rogers.

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.
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