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Sunday, April 16, 2006

Three Wishes and beyond

"I eventually became the junior partner in a two-man offshore hedge fund, which is a sophisticated fund for foreign investors that both buys and sells short stocks, commodities, currencies, and bonds located anywhere in the world. I worked ceaselessly, making myself master as much as possible of the worldwide flow of capital, goods, raw materials, and information. I came into the market with six hundred dollars in 1968 and left it in 1980 with millions. There had been costs, however. I had had two short marriages to women who couldn’t understand my passion for hard work, something my brothers and I had inherited from our father. I couldn’t see the need for a new sofa when I could put the money to work for us in the market. I was convinced, and I still am, that every dollar a young man saves, properly invested, will return him twenty over the course of his life."

--- P. 5, Investment Biker, Jim Roger

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