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: 81
Born: 1942
Born: October 19
Businessperson
Economist
Entrepreneur
Financier
Investor
Non-Fiction Writer
Baltimore
Maryland
James Jim Beeland Rogers
Jr
Totally
Names
American
Without
Bankrupt
Giving
Banks
Larger
Specific
Significant

More quotes by 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
Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
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
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 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
Right now I own shares of companies in 28 countries.
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
Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
Image
Commodities tend to zig when the equity markets zag.
Jim Rogers
Image
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
Image
You will never get anywhere if you do not do your homework.
Jim Rogers
Image
Most successful investors, in fact, do nothing most of the time.
Jim Rogers
Image
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
Image
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
Image
Historically, there has been a bull market in commodities every 20 or 30 years.
Jim Rogers
Image
The first loss is the best loss.
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
Lady Luck smiles on those who continue their efforts
Jim Rogers
Image
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
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