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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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Jim Rogers
Age: 82
Born: 1942
Born: October 19
Businessperson
Economist
Entrepreneur
Financier
Investor
Non-Fiction Writer
Baltimore
Maryland
James Jim Beeland Rogers
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More quotes by Jim Rogers
If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich
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Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.
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Most successful investors, in fact, do nothing most of the time.
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Right now I own shares of companies in 28 countries.
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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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The first loss is the best loss.
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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
I cannot invest the way I want the world to be I have to invest the way the world is.
Jim Rogers
I’ve got one shot going through this life. I want to make sure I do as much as I can.
Jim Rogers
I don't think there is a sound UK bank now, at least, if there is one I don't know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don't need London.
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Unfortunately politicians are not very sound people or they wouldn't be politicians.
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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.
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The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value.
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Lady Luck smiles on those who continue their efforts
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Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
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Historically, there has been a bull market in commodities every 20 or 30 years.
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I haven't met a rich technician
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It's a lot of fun finding a country that nobody knows about. The only thing better is finding a country everybody's bullish on and shorting it.
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You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon.
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I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers