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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.

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
Value
Currency
Values
Stable
Bail
Keep
Fund
Hedge
Federal
Reserve
Maintain
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Bear
Skeptical
Financial
Reserves
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Founded

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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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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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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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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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Right now I own shares of companies in 28 countries.
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You will never get anywhere if you do not do your homework.
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If anybody laughs at your idea, view it as a sign of potential success!
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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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Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
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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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Lady Luck smiles on those who continue their efforts
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Most successful investors, in fact, do nothing most of the time.
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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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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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Commodities tend to zig when the equity markets zag.
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If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.
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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’ve got one shot going through this life. I want to make sure I do as much as I can.
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Unfortunately politicians are not very sound people or they wouldn't be politicians.
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