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Jim Rogers: "Figure out your own passions are."

December 14, 2009
(GuruFocus, December 14, 2009) If you like Asia and especially China, invest stocks there as much as you like. Among the Gurus that we cover, Martin Whitman, Jean-Marie Eveillard and David Winters all invest in the stocks in that region. Their results in that region have been mixed so far. But to move and live there? Even for the super rich fund managers, it is something few have done, except Jim Rogers.

Rogers moved to Singapore so that he can have firsthand experience of the China growth story, and according to him, so his kids can learn Chinese. Now, Singapore is not part of China. If you tell your Singaporean friend that Singapore is part of China, you will become rather unpopular pretty soon.

But Singapore does have an advantage, most kids are educated to taught to speak both English and Chinese.

Recently, Rogers talked to Yahoo! Financial on lessons on investing and life. "You have to figure out what your own passions are," said Rogers, who found his calling early as an investor. After co-founding the successful Quantum Fund, one of the first truly international hedge funds, he retired at 37. By following your passions, "you'll never have a job. You'll just get up everyday and have a lot of fun," he says.

"Figure out your own passions are." Didn’t Warren Buffett spoke of the same thing?



In an earlier interview, he explained why he moved to Asia in more detail:




Rating: 2.7/5 (3 votes)

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