Billionaire Investor John rogers Revealsโฃ 3 Keys โto Building Wealthโข and a Lasting โขCareer
NEW YORKโ – Ariel Investments founder โขand โPrinceton basketball alum John Rogers attributes his success not โto market timing, but to basicโ principles of teamwork, integrity, and valuing quality, he recently told Business Insider. The billionaire investor, 67, shared โthree core tenets that have guided his decades-long career โฃand which he now imparts to โhis daughter and theโฃ next generation of investors.
Rogers emphasizes the โimportance of reliability. “If people noโ that they can rely on the fact that you are delivering on time and are not looking for โexcuses, then the success arises – โคand you getโ more and more responsibility andโ more and more opportunities,” he explained. He stresses being a dependable team player, working diligently for colleagues and upholding commitments.
Beyond professional conduct, Rogers highlights the importance of โคstrong values. Serving on the boards of Nike and The โNew York Timesโ Company, he advocates treating everyone with respect, regardlessโ ofโข wealth or status.He advises choosing friends based on character, not social standing, a lesson instilled by his own father. “Some people have a naturalโ attraction – theyโ only want to โhang out with โthe โchic people with the big titles and a lot โof wealth,” Rogers said. “I try to stopโฃ them.”
rogers encourages individuals, notably those from privileged backgrounds, to forge their own paths. He deviated from his father’s legal career by entering the financial world, and his โdaughter is similarly pursuing her โpassion for art, design, and creativity at Autodesk, autonomous of his โคnetwork. He believes in investing โฃin quality assets,โข even at โa higher price point, โคechoingโ theโ philosophy of Warren Buffett and Charlie Munger: “Better buy splendid companies โฃthat can grow andโ multiply over โtime” than seek out cheap investments.
Despite a โคprosperous career, Rogers remains excited about the markets and plansโ to continue โฃinvestingโ for โคseveral โฃyears before transitioning โคintoโฃ a mentorship โขrole,โฃ guiding the โคnext โคwave of investors.
