Monday 16 August 2010

A Gift To My Children

A Gift to My Children is a book written by Jim Rogers to his daughters, Happy and Baby Bee. Jim Rogers co-founded the Quantum Fund before he turned thirty and retired at age thirty-seven. He is now the bestselling author of A Bull in China, Hot Commodities and Adventure Capitalist.

It is more like a guide book that consist of different life stories to Happy and Baby Bee when they grow up. It is nice to have such lovely father. The 1st topic of the book is my favourite as it talks about swim your own races. Jim Rogers is talking about investing in shares here. He said that we should not invest in a company's share because everyone else is buying it. We need to do our own research and make the decision ourselves. We tend to follow the crowd in whatever we do. We want to become doctor because our parents are doctor. We want to become lawyer because people said we can earn a lot of money for being a lawyer. We afraid of being rejected if we don't follow the crowd. My friend told me that it is every girl's dream to have a LV bag. I think that could be the reason the company is still making so much profit even during recession. I think it is time to change.

Another thing that he said is focus on what you like. I always think we need to do what we like or like what we do. I think it is important to be passionate about something in life. I think it is easier for a person to be successful in life if he or she is passionate about what he or she is doing. I am still looking for one myself but I hope that you have found yours.

He also talked a little bit of his experience for travelling around the world with bike. He said that we should not just listen to other's comment about a place; instead we need to go to that place and see it ourselves. I totally agreed with what he said. A place may not be as good or bad as others said when you see it yourself. Chinese proverb said " 读万卷书,不如行万里路".

I am just sharing a few topics here. There are many things more to learn from the book. I hope that you will appreciate the book as much as I do.

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