Jim Rogers famous quotes

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.
-- Jim Rogers

#People #Support #Leader

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

#Years #World #Four

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

#Zero #Pieces #Paper

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.
-- Jim Rogers

#New York #Smart #Moving

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

#Running #Long #Drs

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

#Skills #Giving #Perfect

Historically, there has been a bull market in commodities every 20 or 30 years.
-- Jim Rogers

#Years #Bulls #Commodity

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

#Mean #Cutting #Tough Times

Commodities tend to zig when the equity markets zag.
-- Jim Rogers

#Commodity #Equity

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.
-- Jim Rogers

#Wall #Hype #Long

Index investing outperforms active management year after year.
-- Jim Rogers

#Years #Investing #Management

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people – not that I’m better than most people – always have to be playing; they always have to be doing something. They make a big play and say, “Boy, am I smart, I just tripled my money.” Then they rush out and have to do something else with that money. They can’t just sit there and wait for something new to develop
-- Jim Rogers

#Smart #Boys #Play

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.
-- Jim Rogers

#Simple #Knowing #Problem

Lady Luck smiles on those who continue their efforts
-- Jim Rogers

#Effort #Luck #Lady Luck

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

#President #Boards #Half

My basic advise is don't lose money
-- Jim Rogers

#Advise

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

#Reality #Forgotten #Periods

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

#Business #Finance #Fallacy

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt,
-- Jim Rogers

#Names #Giving #Significant

Following what everyone else is doing is rarely a way to get rich.
-- Jim Rogers

#Way #Rich #Get Rich

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

#Long #Doe #Way

I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.
-- Jim Rogers

#Thinking #Remember

Teach your children or your grandchildren Chinese. It is going to be the most important language of their lifetimes.
-- Jim Rogers

#Business #Children #Chinese

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

#Politics #Politician

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

#Country #Government #Years

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

#Views #Ideas #Laughing

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

#School #Littles #Politician

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

#World #Want #Way

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

#Thinking #Facts #Chance

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.
-- Jim Rogers

#Lying #Waiting

The City of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who produce real goods in charge – the farmers and the miners.
-- Jim Rogers

#Wall #Real #Cities

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

#Successful #Facts #Investors

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

#Want #Poor

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.
-- Jim Rogers

#Writing #Math #College

If the current birth rate, which is the lowest in the major developed countries, continues, there will be no Japanese. Who will pay the enormous debt?
-- Jim Rogers

#Country #Debt #Pay

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

#Bail #Trouble #Socialism

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

#Business #Moving #Thinking

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

#Bail #Bears #Financial

Right now I own shares of companies in 28 countries.
-- Jim Rogers

#Country #Share #Company

I think this is also a great time to invest in private equity, helping companies grow from the ground up.
-- Jim Rogers

#Thinking #Helping #Equity

I haven't met a rich technician
-- Jim Rogers

#Rich #Mets

Most of my thoughts, you couldn't print.
-- Jim Rogers

#Print #My Thoughts

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

#Real #Loss #Paper

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

#People #Sound #Politician