“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.” IfsPresidentLosesHalfInformationInvestingBoardsChairmanActive Management Author:Jim Rogers
“Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.” HardRealitySeemsPeriodsForgottenInvestors Author:Jim Rogers
“Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been sopped up.” MeanHas BeensCuttingCostToughExcessCommodityTough TimesTradersMergersConsolidationMergers And Acquisitions Author:Jim Rogers
“There is no such thing as a paper loss. A paper loss is a very real loss.” RealLossPaperDriving Author:Jim Rogers
“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.” PeopleKnowsWorldFactsTurnsSoundLeaderAcceptingOpinionSupportInvestmentImpressionAcknowledgeComplexityConventionalPeersFacts Of LifeConventional WisdomOpinion Leaders Author:Jim Rogers
“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.” WritingEnoughUseFormUsedValuesCollegeSkillsTestsMathGuides Author:Jim Rogers
“I think this is also a great time to invest in private equity, helping companies grow from the ground up.” ThinkingHelpingGrowsCompanyEquityGreat TimesPrivate Equity Author:Jim Rogers
“Right now I own shares of companies in 28 countries.” CountryCompanyShareRight Now Author:Jim Rogers
“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.” ValuesBearsFinancialFundStableCurrencyReservesSkepticalFederal ReserveBailHedge Fund Author:Jim Rogers
“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.” IfsThinkingKnowsWorldNeedsMovingSoundBusinessCitiesWestFinancialFinishedEastLondonFinanceCentreAsiaCity Of London Author:Jim Rogers
“The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.” I CanBusinessFinanceFallacyAlways Wrong Author:Jim Rogers