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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

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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
Hot
Market
Merrill
Guess
Lynch
Soon
Commodities
Longer
Analysts
Young
Profitable
Many
Commodity
Even
Executives

More quotes by Jim Rogers

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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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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.
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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.
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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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Commodities tend to zig when the equity markets zag.
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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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I cannot invest the way I want the world to be I have to invest the way the world is.
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Most successful investors, in fact, do nothing most of the time.
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Historically, there has been a bull market in commodities every 20 or 30 years.
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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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If anybody laughs at your idea, view it as a sign of potential success!
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Unfortunately politicians are not very sound people or they wouldn't be politicians.
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You will never get anywhere if you do not do your homework.
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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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Lady Luck smiles on those who continue their efforts
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If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.
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The first loss is the best loss.
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Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.
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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 you want to be lucky, do your homework.
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