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Unfortunately politicians are not very sound people or they wouldn't be politicians.

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
Unfortunately
Politicians
Politician
Wouldn
Sound
People

More quotes by 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.
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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.
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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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Most successful investors, in fact, do nothing most of the time.
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Commodities tend to zig when the equity markets zag.
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Historically, there has been a bull market in commodities every 20 or 30 years.
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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.
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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.
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You will never get anywhere if you do not do your homework.
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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.
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Right now I own shares of companies in 28 countries.
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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.
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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.
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Lady Luck smiles on those who continue their efforts
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If you want to be lucky, do your homework.
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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.
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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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Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
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If anybody laughs at your idea, view it as a sign of potential success!
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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