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[...]... wanted to give up his seat in the Isis crew, that he wouldn’t go on Hardy smelled a rat and followed it He called on Rogers and tried to get out of him why he had quit It didn’t make sense to Hardy Rogers had been doing a good job So Rogers showed him his letter.… “[It had been] sent to Jim Rogers Sr in Alabama [who] hardly knew where Oxford was or what the Boat Race was all about, but he understood the... Records Today the Balliol College Boat Club has both men’s and women’s crews, and their rst boats for eights are named the Beeland Rogers and the Happy Rogers, respectively I donated the Happy Rogers, named for my elder daughter, to the women’s crew in 2007 The Beeland Rogers, named for my second daughter, I donated to the men’s crew shortly thereafter The men’s boat arrived in 2009 in time for Eights... the boat club, a student oarsman named Miles Morland that year, would make the final decision Christopher Dodd recounted the problem I ran into in his 1983 book, The Oxford and Cambridge Boat Race: Jim Rogers Jr was a happy man at Balliol College and steering Isis until he received a letter [from his father] in January which both shocked and confused him He sat on it for several days, nding himself... to assume, on Joe’s endorsement —the company made an exception in my case, and in the summer of 1964, I went to work on Wall Street By the time I left for Oxford later that year, I knew exactly what I wanted to do for the rest of my life to work there, all I knew about Wall Street was that it was somewhere in New York and that something bad had happened there in 1929 I did not know there was a di erence... getting on At the bottom was a hand-written note to the e ect that if there was a large increase in Mackenzie’s bank account, a sum of four gures being suggested, then Rogers Jr was assured of a place in the blue boat On the very bottom Rogers Sr had written [to his son]: ‘Is this man crazy, or am I?’ ” I had been at Oxford only a few months Other members of the crew had known one another for years I... out that a revolution in Chile was coming, you could earn a pretty good living What I discovered that summer was my future Wall Street was a place where people would actually pay me to exercise my inclination to explore And they would pay me a lot if I did it right On Wall Street I would be compensated for doing all the things I loved to do It was the rst of two summers at Dominick & Dominick, and I... Wall Street, is that things are always changing You have to stay ahead of events The action is never ending It is like a four-dimensional puzzle, linked to volume and time Every day you come in to work and nd that they have moved the pieces on you—somebody dies, there is a strike or a war, weather conditions have shifted Things change, no matter what Investing lacks the rhythm of I LANDED ON WALL STREET. .. Hard work on Wall Street is a given But those who succeed are few A lot of people make a lot of money during the bull market years, but doing it under normal conditions is tougher, and doing it in a bear market harder still Most people get bounced out of the industry Persistence and perseverance are absolutely essential to survival, but just as important is judgment To succeed on Wall Street, you have... percent of them are going to come out of there and make the right judgment When I started on Wall Street, very few people invested in stocks As late as the 1960s, individual and institutional investors, such as pension plans and endowments, invested chie y in bonds (Currencies and commodities? Few people on Wall Street could even spell those words.) The Ford Foundation commissioned a study at the end of... city-state on the other side of the globe, a lifelong journey in the course of which I made the whole world my backyard began in the spring of 1964 I was a senior at Yale, and I found myself headed to Wall Street in much the same way that I had earlier found myself headed to the Ivy League: I stumbled into it In high school, I was an enthusiastic member of the Key Club, a student-led service organization, . trademarks of Random House, Inc. Library of Congress Cataloging-in-Publication Data Rogers, Jim, 1942– Street smarts / Jim Rogers. p. cm. 1. Investments. 2. Investment analysis. 3. Portfolio management He called on Rogers and tried to get out of him why he had quit. It didn’t make sense to Hardy. Rogers had been doing a good job. So Rogers showed him his letter.… “[It had been] sent to Jim Rogers. ALSO BY JIM ROGERS Hot Commodities: How Anyone Can Invest Profitably in the World’s Best Market Adventure Capitalist: The Ultimate Road Trip Investment Biker: Around the World with Jim Rogers A