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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: 81
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
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’ve got one shot going through this life. I want to make sure I do as much as I can.
Jim Rogers
Right now I own shares of companies in 28 countries.
Jim Rogers
Most successful investors, in fact, do nothing most of the time.
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
I cannot invest the way I want the world to be I have to invest the way the world is.
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
Historically, there has been a bull market in commodities every 20 or 30 years.
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
Commodities tend to zig when the equity markets zag.
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
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
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
I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.
Jim Rogers
If you want to be lucky, do your homework.
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
I haven't met a rich technician
Jim Rogers
If anybody laughs at your idea, view it as a sign of potential success!
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
I was poor once, I didn't like it, I don't want to be poor again.
Jim Rogers
