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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
Investment
Capitalism
Gets
Trouble
Rich
Every
Bail
Bank
Socialism
More quotes by Jim Rogers
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
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
The first loss is the best loss.
Jim Rogers
I’ve got one shot going through this life. I want to make sure I do as much as I can.
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
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 you want to be lucky, do your homework.
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
I cannot invest the way I want the world to be I have to invest the way the world is.
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
Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
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.
Jim Rogers
I haven't met a rich technician
Jim Rogers
I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
Unfortunately politicians are not very sound people or they wouldn't be politicians.
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.
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
Right now I own shares of companies in 28 countries.
Jim Rogers
If anybody laughs at your idea, view it as a sign of potential success!
Jim Rogers
Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
Jim Rogers
