Investment Biker (Magill Book Reviews)
INVESTMENT BIKER is a chronicle of a twenty-two-month motorcycle tour of the world made by Jim Rogers and his companion, Tabitha Estabrook, from 1990 to 1992. Together they crossed the six inhabited continents, logging more than sixty thousand miles. Beginning in western Ireland, they made a long initial loop through southern Europe and the Far East, then back through Siberia and European Russia, returning to Ireland. They then drove south through Africa to the Cape, thence to Australia and New Zealand. The final long trek took them from Tierra del Fuego up through South and Central America to North America.
The book offers abundant adventures and descriptions of exotic places. Cycling through the Sahara Desert where no road exists, or through the almost impassable areas of Siberia, dealing with uncomprehending border guards, eating exotic local meals—incidents like these enhance the narrative’s liveliness. In addition, Rogers captures the lure of both remote natural settings and manmade creations, including Ayers Rock in Australia, Victoria Falls, Samarkand, and Bukhara.
Yet Rogers’ primary objective was to search for investment opportunities. The book offers a wealth of observations about national governments, infrastructures, and economic and business cycles. Although he notes the investment possibilities of land, tourism, and commodity production, Rogers prefers stock markets. As a contrarian, he sought opportunities in long-depressed countries or overlooked emerging markets, finding them in places such as New Zealand, Botswana, Ecuador, Costa Rica, and El Salvador.
Beyond business and economics, Rogers clarifies his views of history, political affairs, and contemporary problems, presenting interesting reflections on nearly fifty nations. Something of a pessimist, a champion of doom, he embraces a contrarian view on numerous issues.