Quote

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.

Jim Rogers

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Jim Rogers
Age: 82
Born: 1942
Born: October 19
Businessperson
Economist
Entrepreneur
Financier
Investor
Non-Fiction Writer
Baltimore
Maryland
James Jim Beeland Rogers
Jr
Paper
Bankrupt
Pieces
Intangible
Says
Commodity
Company
Invest
Never
Zero
Buying
Price
Futures
Piece
Commodities

More quotes by Jim Rogers

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Paper money is made of cotton, and I'm long cotton, by the way. One reason I'm long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can.
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If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich
Jim Rogers
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I’ve got one shot going through this life. I want to make sure I do as much as I can.
Jim Rogers
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I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.
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I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.
Jim Rogers
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If you want to be lucky, do your homework.
Jim Rogers
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Commodities tend to zig when the equity markets zag.
Jim Rogers
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I cannot invest the way I want the world to be I have to invest the way the world is.
Jim Rogers
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Lady Luck smiles on those who continue their efforts
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Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
Jim Rogers
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Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.
Jim Rogers
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If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.
Jim Rogers
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You will never get anywhere if you do not do your homework.
Jim Rogers
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I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
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Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
Jim Rogers
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Historically, there has been a bull market in commodities every 20 or 30 years.
Jim Rogers
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Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.
Jim Rogers
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Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
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Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.
Jim Rogers
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The first loss is the best loss.
Jim Rogers