Last night I took a trip down to Miami to visit with Jim Rogers at a book signing for his most recent book entitled A Gift to My Children: A Father’s Lessons for Life and Investing. After speaking briefly about his 3 year tour around the globe, he spoke a little about the aforementioned book and took questions from the audience. These are the general themes I took away, in no particular order:
Jim said numerous times he is a terrible market timer, he went as far to say he’s not the worst in the room but the worst in the world ... very humble.
While Jim’s primary residence is in Singapore, he also has a dwelling here in Florida. What I found interesting is that he rents and does not own his home here in Florida. The fact that he sold a lavish residence in New York before the real estate crash and rents here in Florida may mean that his timing is better in real estate. (more)
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