Investment Biker
August 22, 2008
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I just got finished with Jim Rogers book, Investment biker, a book I would highly recommend to just about anybody. Two things that he said really stuck out to me:
First Basically his whole investment thesis can be summed up in two ways.
“Buy something thats cheap where a dynamic change in its favor is about to occur.” - Page. 100
And second:
“There are two major forces at work as the world moves into the twenty-first century, globalism and tribal control. ow these opposing forces resolve their contradictions will be one of the new century's great historical drama's. The truth is, people need the psychic glue to deeply held beliefs to bind them to others. That we all drink Coca-Cola and eat McDonalds hamburgers is not good enough. We have a powerful need for a strong local identity, one we can comprehend and control, something close to home that we think we reach out and touch. We resent its being destroyed by globalization and gigantism.” - Page 141