JIM ROGERS BLOG: 10/30/12

Tuesday, October 30, 2012

One Of The Best Rules Anybody Can Learn About Investing

“One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do.” - in Market Wizards

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

If You Have A Dream, You Have To Try It

If there`s one thing I have learned in going around the world, it`s that societies become rich, swagger around for a few years, decades, or centuries, and then their hour is done. The other thing I have learned is that even when all the wealth is gone, life goes on. More important, I`ve also learned that if you have got a dream, you have to try it; you must get it out of your system. You will never have another chance. If you want to change your life, do it. - in Investment Biker

Raising Taxes Has Never Made The Economy Grow

In 2013 and 2014 we’re going to have economic problems. Either politicians are going to raise taxes or they’re going to bungle something. Raising taxes has never made the economy grow. - in CNBC

Selling Short

I don`t like to sell something short unless it`s unbelievably expensive. - in Hot Commodities