Jim Rogers Quotes

Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.

Tough times helped many commodities producers become lean and mean through consolidation, mergers and cost-cutting. All that excess supply has been sopped up.

Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

The Roman censor Appius Claudius the Blind said, Every man is the architect of his own fortune.

If everyone saw himself as a citizen of the world rather than of his town, city or country, the world would be a more peaceful, better place where success in all forms is abundant and available to all. (A Gift to My Children)

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.

If you want to make a lot of money, resist diversification.

The basic skills of math, English and writing are not enough, ... You must develop a basic system of values to form and guide the use of these skills. The true test will not be what you learned in college, but how you used what you learned.

Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.

Get inside information from the president and you will probably lose half your money. If you get it from the chairman of the board, you will lose all of your money.

If you want to be lucky, do your homework.

There is no such thing as a paper loss. A paper loss is a very real loss.

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.

Most successful investors, in fact, do nothing most of the time.

Nearly every time I strayed from the herd, I've made a lot of money. Wandering away from the action is the way to find the new action.

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.

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.

Botswana was rich in diamonds, Ghana in cocoa and gold, Morocco in phosphates. There were many countries I was eager to visit and revisit, such as Zambia, with its emeralds and copper, and Cameroon, awash in oil. I could not wait to visit

I have learned that when you've done your homework, once you recognize that supply and demand are totally out of whack, and you make your move, you are definitely going to get very lucky.

I've got one shot going through this life. I want to make sure I do as much as I can.

This is the legacy of China's one-child policy, instituted in 1980 (and just officially ended in 2002). Studies have shown that only children and firstborns are usually smarter, more driven, and more accomplished than other children. And, of course, they are more often spoiled. In China one finds an entire country of only children. Everybody's child is special, smarter, more driven, and more accomplished - or

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.

According to the media and other stock market "experts," the equities bull is forever hiding just around that next corner on Wall Street. But millions of investors who listened to the experts back in 1998-2001 about "the New Economy" get hammered in the stock market and are still trying to get back to even.
The smart investor looks for opportunities to acquire value on the cheap, with one eye out for a dynamic change in the offing that might make that investment even more valuable.

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.

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.

History shows that people who save and invest grown and prosper, and the others deteriorate and collapse.

They wouldn't be politicians if they knew what they were doing.

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

I was poor once, I didn't like it, I don't want to be poor again.

Right now I own shares of companies in 28 countries.

I cannot invest the way I want the world to be; I have to invest the way the world is.

If anybody laughs at your idea, view it as a sign of potential success!

The most sensible skill that I can give to somebody born in 2003 is a perfect command of Mandarin.

Do not worry about failure, I would tell them. Do not worry about making mistakes in life. It is good to lose money, to go broke at least once, and preferably twice. But if you are going to do it, do it early in your career. It is better to go bust when you are talking about $20,000 than when you are talking about $20 million. Do it early, and it is not the end of the world.

The first loss is the best loss.

The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.