I will admit to being a big fan of people like Jim Rogers, Marc Faber, Peter Schiff, and John Mauldin. Compared to most investment gurus I believe they have a much firmer grasp of history as well as economics. They pride themselves on real world outcomes, as opposed to the theoretical. Businesses and hence investing in those business are not something that can be learned in a book. Its all about the real world. Just ask Bill Gates, Steve Jobs, and Richard Branson how much of their business acuity they learned in college.
The problem I see with the macroeconomic predictors I previously mentioned – is their age. While I have never met Jim Rogers personally, he has had more of an impact on my life and my knowledge of the world than almost anyone outside my parents. But just as he has said many times, the old has to make way for the new. That is how society grows and progresses. This is not to take anything away from him, and what he can still do with his life. I fully expect him to be alive and kicking and on Fox Business News for the next 10-20 years. But the world needs a writer, a speaker, an advisor within the same genre, that represents and lives the lives of the next generation of people. While Jim has young kids and John Mauldin writes about the struggles of his own children in his weekly newsletter, it is impossible for them to live and breathe the life of those people. The mental outlook of the next generation combined with the historical and economic perspective of those great thinkers – that is the missing element in the investment world today. It is the element that I am choosing to be.
I am a mid-thirties professional living and working in the United States. I grew up middle class and now run my own business. I have traveled all over the world, and have spent years of my life learning how people, societies, investments, business, medicine, and technology all combine to provide us the world we live in today. Today I take the next step in my journey by starting this site. I hope you will come along for the ride.
‘I don’t always start websites, but when I do, I try to be The Smartest Man Online’