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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
Bank
Socialism
Investment
Capitalism
Gets
Trouble
Rich
Every
Bail
More quotes by Jim Rogers
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.
Jim Rogers
If anybody laughs at your idea, view it as a sign of potential success!
Jim Rogers
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
I haven't met a rich technician
Jim Rogers
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
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
I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.
Jim Rogers
Right now I own shares of companies in 28 countries.
Jim Rogers
I cannot invest the way I want the world to be I have to invest the way the world is.
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 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
Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
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
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
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
Unfortunately politicians are not very sound people or they wouldn't be politicians.
Jim Rogers
Lady Luck smiles on those who continue their efforts
Jim Rogers
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
Historically, there has been a bull market in commodities every 20 or 30 years.
Jim Rogers
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
