By Jim Rogers
He’s the swashbuckling international visitor and mythical investor who made his fortune sooner than he used to be 40. Now the bestselling writer of A Bull in China, sizzling Commodities, and Adventure Capitalist stocks a heartfelt, critical advisor for his daughters (and all younger traders) to discover luck and happiness. In A reward to My Children, Jim Rogers bargains recommendation along with his trademark candor and self assurance, yet this time he provides paternal compassion, protectiveness, and love. Rogers unearths how one can research from his triumphs and error so as to in attaining a wealthy, well-lived existence. For example:
• belief your personal judgment: Rogers sensed China’s actual strength long ago within the Eighties, at a time while so much analysts have been hugely skeptical of its customers for growth.
• specialize in what you love: Rogers was once 5 whilst he begun accumulating empty bottles at baseball video games rather than playing.
• Be power: Coming to Yale from rural Alabama, and in over his head, Rogers by no means stopped learning and wound up with a scholarship to Oxford.
• See the area: In 1990, Rogers traveled via six continents by way of bike, gaining an international viewpoint and studying tips to overview clients in quickly constructing nations corresponding to Brazil, Russia, India, and China.
• not anything is de facto new: something deemed “innovative” or “unprecedented” is mostly simply overhyped, as in relation to the net or television, airplanes, and railroads prior to it
• and never a piece off the topic, and extremely very important: Boys will desire you greater than you’ll desire them!
Wise and hot, obtainable and inspiring, A reward to My Children is a smart reward for all these simply beginning to put money into their futures.
Read or Download A Gift to My Children: A Father's Lessons for Life and Investing PDF
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Additional resources for A Gift to My Children: A Father's Lessons for Life and Investing
How many shares would be in the market? The diluted share count attempts to estimate that number of shares.
How will we know what revenue will be in 2013? The truth is, it is almost impossible to be 100 percent sure. We will need to make an assumption with the understanding that that assumption will come with a degree of uncertainty, and may therefore change. So how can you best make rational predictions for 2013? It is important to research and understand the company’s business model, gathering as much information as you can to make your own best judgment. Revenue, for example, is almost always driven by a product of pricing and volume.
0 percent as the projection for 2013–2017. Note that all of the methods in the list can be considered accurate; our recommended approach is simply a suggestion. Remember, the point is to build out a complete model with broad assumptions, then to go back and tweak such assumptions as you research and get a stronger understanding of the business. We can hardcode 75% into Cell G15 as our assumption driver. 3. We can copy Cell G14 and G15 to the right all the way through 2017. We can also calculate future gross profit and the gross profit margin.
A Gift to My Children: A Father's Lessons for Life and Investing by Jim Rogers