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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
Rich
Every
Bail
Bank
Socialism
Investment
Capitalism
Gets
Trouble
More quotes by Jim Rogers
I haven't met a rich technician
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If you want to be lucky, do your homework.
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The first loss is the best loss.
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Commodities tend to zig when the equity markets zag.
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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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Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
Jim Rogers
I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
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.
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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
Lady Luck smiles on those who continue their efforts
Jim Rogers
Right now I own shares of companies in 28 countries.
Jim Rogers
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
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
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.
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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.
Jim Rogers
If anybody laughs at your idea, view it as a sign of potential success!
Jim Rogers
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
I cannot invest the way I want the world to be I have to invest the way the world is.
Jim Rogers
Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
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
