Quote

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.

Jim Rogers

Change background

T
T
T

Change font

TAGS & TOPICS

Jim Rogers
Age: 82
Born: 1942
Born: October 19
Businessperson
Economist
Entrepreneur
Financier
Investor
Non-Fiction Writer
Baltimore
Maryland
James Jim Beeland Rogers
Jr
Without
Bankrupt
Giving
Banks
Larger
Specific
Significant
Totally
Names
American

More quotes by Jim Rogers

Image
I’ve got one shot going through this life. I want to make sure I do as much as I can.
Jim Rogers
Image
If anybody laughs at your idea, view it as a sign of potential success!
Jim Rogers
Image
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
Image
The first loss is the best loss.
Jim Rogers
Image
I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
Image
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.
Jim Rogers
Image
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
Image
I haven't met a rich technician
Jim Rogers
Image
If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich
Jim Rogers
Image
If you want to be lucky, do your homework.
Jim Rogers
Image
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
Image
You will never get anywhere if you do not do your homework.
Jim Rogers
Image
Lady Luck smiles on those who continue their efforts
Jim Rogers
Image
Historically, there has been a bull market in commodities every 20 or 30 years.
Jim Rogers
Image
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
Image
Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
Image
I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.
Jim Rogers
Image
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
Image
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
Image
Commodities tend to zig when the equity markets zag.
Jim Rogers