Quote

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.

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
Fast
Paper
Running
Money
Reason
Made
Cotton
Long
Printing
Way
Presses

More quotes by 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.
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Commodities tend to zig when the equity markets zag.
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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.
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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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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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I’ve got one shot going through this life. I want to make sure I do as much as I can.
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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.
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The first loss is the best loss.
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I was poor once, I didn't like it, I don't want to be poor again.
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When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever.
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If anybody laughs at your idea, view it as a sign of potential success!
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If you want to be lucky, do your homework.
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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
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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.
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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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Unfortunately politicians are not very sound people or they wouldn't be politicians.
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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.
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I cannot invest the way I want the world to be I have to invest the way the world is.
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Most successful investors, in fact, do nothing most of the time.
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Lady Luck smiles on those who continue their efforts
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