In addition to traveling through 116 countries, covering 152,000 miles and marrying travel companion Paige Parker on his 1999'01 journey, the man who co-founded the Quantum Fund with George Soros learned quite a few investment lessons. He’s sharing them in a book due out next month, Adventure Capitalist: The Ultimate Investor’s Road Trip.
Among Rogers’s buy recommendations: commodities (his travels in China and Russia revealed surging demand and low inventories) and the euro (European central bankers, he reports, want to make it an alternative to the flagging U.S. dollar as the world’s reserve currency).
“The only way to find out what’s really happening in the world is to go there and taste it for yourself, and I adore doing that,” says Rogers, 60. He’s using what he’s learned for his own investments, but don’t expect a return to the hedge fund world anytime soon: “I have no clients of any kind now, and that’s exactly the way I like it. If you see me doing that, then something must have gone very wrong.”
