He researches companies on the Internet and says he and his mother do not always agree on where to put their money.
In researching individual companies, the fund seeks annual returns on equity of at least 12 percent, growing dividends and manageable debt.
To find a licensing partner, start by researching companies that provide products or services similar to yours.
Mr. Rogers researched companies in their business service department, asked for advice from counselors and applied for a grant for computer training.
Having heard that factory-built homes were cheaper than those built on site, he researched companies that deal with modular houses.
The library will also sponsor a lecture on Jan. 29 that will explain how patrons can research companies and industries using the library's financial services.
"They wanted to understand the management questions," adding, "We were researching companies in that same sector, and we had a pretty good idea of what was going on."
"I probably spend 20 percent of my time on work for Carlyle, researching aviation-related companies," he said.
In researching individual companies, they consider how management is using cash, whether it is shrinking or expanding operations, making acquisitions or reducing debt.
In addition, town attorneys are researching companies that used the landfill to determine whether they are accountable for part of the cost.