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If anybody laughs at your idea, view it as a sign of potential success!
Jim Rogers
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Jim Rogers
Age: 82
Born: 1942
Born: October 19
Businessperson
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Non-Fiction Writer
Baltimore
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James Jim Beeland Rogers
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More quotes by Jim Rogers
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
Right now I own shares of companies in 28 countries.
Jim Rogers
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.
Jim Rogers
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.
Jim Rogers
I cannot invest the way I want the world to be I have to invest the way the world is.
Jim Rogers
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.
Jim Rogers
Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
Jim Rogers
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.
Jim Rogers
Commodities tend to zig when the equity markets zag.
Jim Rogers
You will never get anywhere if you do not do your homework.
Jim Rogers
I haven't met a rich technician
Jim Rogers
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
I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.
Jim Rogers
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
Most successful investors, in fact, do nothing most of the time.
Jim Rogers
Historically, there has been a bull market in commodities every 20 or 30 years.
Jim Rogers
I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.
Jim Rogers
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
