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
mean cutting tough-times
Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been sopped up.
names giving significant
Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt,
wall hype long
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.
bail bears financial
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.
christian people levels
When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever.
business moving thinking
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.
long doe way
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.
president active-management half
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.
reality forgotten periods
Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.
print my-thoughts
Most of my thoughts, you couldn't print.
loss firsts
The first loss is the best loss.
years investing active-management
Index investing outperforms active management year after year.
effort luck lady-luck
Lady Luck smiles on those who continue their efforts
bail trouble socialism
If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich