FoA 378: Adventure Capitalism with Legendary Investor and Author Jim Rogers

Soy Checkoff: https://www.unitedsoybean.org/More About Jim Rogers: https://www.jimrogers.com/Today’s episode features Jim Rogers. I will first admit that this episode is pretty selfish. I found Jim’s books, particularly “Investment Biker” “Adventure Capitalist” and “Hot Commodities” in college when I was trying to figure out where my interests were and where I might like to start my career. I already had an interest in agriculture, international travel, and investing, so they had a huge impact on me. In fact, I decided to start my career in commodities in no small part because of his writing. So, when I had the chance to interview him on his thoughts about the world generally, I jumped at it. This one might be a bit different from our normal content because Jim is looking at broader economic and geopolitical drivers from an investor perspective and not so much as a “ag person” but I think his perspective is extremely valuable. The other reason this one might be a little bit different is I couldn’t help but become starstruck by him. He really had that big of an impact on me at a formative age. If you weren’t a wannabe investment geek in college like I was, let me give you some biographical background. Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator and successful international investor. After attending Yale and Oxford University, Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. Rogers then decided to retire – at age 37. Continuing to manage his own portfolio, Rogers kept busy serving as a full professor of finance at Columbia University Graduate School of Business, and, in 1989 and 1990, as the moderator of WCBS’s ‘The Dreyfus Roundtable’ and FNN’s ‘The Profit Motive with Jim Rogers’.From 1990-92, Jim Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analysed the countries through which he travelled for investment ideas. He chronicled his one-of-a-kind journey in “Investment Biker: On the Road with Jim Rogers”. Rogers also embarked on a Millennium Adventure in 1999. He travelled for 3 years on his round-the-world, Guinness World Record journey. It was his 3rd Guinness Record. Passing through 116 countries, he covered more than 245,000 kilometres, which he recounted in his book “Adventure Capitalist: The Ultimate Road Trip”. His book, “Hot Commodities: How Anyone Can Invest Profitably In The World’s Best Market”, was published in 2004. Another of his books “A Bull in China” describes his experiences in China as well as the changes and opportunities there.