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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

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
Socialism
Investment
Capitalism
Gets
Trouble
Rich
Every
Bail
Bank

More quotes by Jim Rogers

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Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
Jim Rogers
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Right now I own shares of companies in 28 countries.
Jim Rogers
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If you want to be lucky, do your homework.
Jim Rogers
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You will never get anywhere if you do not do your homework.
Jim Rogers
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I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
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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
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Commodities tend to zig when the equity markets zag.
Jim Rogers
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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.
Jim Rogers
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Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
Jim Rogers
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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
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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.
Jim Rogers
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If anybody laughs at your idea, view it as a sign of potential success!
Jim Rogers
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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.
Jim Rogers
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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.
Jim Rogers
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Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
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The first loss is the best loss.
Jim Rogers
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Most successful investors, in fact, do nothing most of the time.
Jim Rogers
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I cannot invest the way I want the world to be I have to invest the way the world is.
Jim Rogers
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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.
Jim Rogers
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Lady Luck smiles on those who continue their efforts
Jim Rogers