Jim Rogers
Jim Rogers
James Beeland "Jim" Rogers, Jr.is an American businessman, investor and author. He is currently based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund and creator of the Rogers International Commodities Index...
NationalityAmerican
ProfessionBusinessman
Date of Birth19 October 1942
CountryUnited States of America
want diversification ifs
If you want to make a lot of money, resist diversification.
way world want
I cannot invest the way I want the world to be; I have to invest the way the world is.
eggs choices watches
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.
homework ifs
You will never get anywhere if you do not do your homework.
hysteria legs panic
The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.
way rich get-rich
Following what everyone else is doing is rarely a way to get rich.
lying waiting investing
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. 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 wait for a situation that is like the proverbial shooting fish in a barrel.
business finance fallacy
The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.
successful facts investors
Most successful investors, in fact, do nothing most of the time.
zero paper buying
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.
thinking way figures
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.
investing-money years active-management
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.
opinion-leaders people support
Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whome have never looked at whether the facts support the received wisdom. It's a basic fact of life that many things "everybody knows" turn out to be wrong.
funding student tuition
The funding (for the lease payments) is going to have to come from student fees or tuition or things of that sort,