Jim Rogers
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.
Commodities tend to zig when the equity markets zag.
Tough times helped many commodities producers become lean and mean through consolidation, mergers and cost-cutting. All that excess supply has been sopped up.
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?
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.
Index investing outperforms active management year after year.
Historically, there has been a bull market in commodities every 20 or 30 years.
I think this is also a great time to invest in private equity, helping companies grow from the ground up.
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.
Most of my thoughts, you couldn't print.
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.
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.
Right now I own shares of companies in 28 countries.
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... 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 wait for a situation that is like the proverbial "shooting fish in a barrel."Collection: Lying
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.Collection: Thinking
Most successful investors, in fact, do nothing most of the time.Collection: Funny
Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.Collection: Simple
The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.Collection: Hysteria
I cannot invest the way I want the world to be; I have to invest the way the world is.Collection: World
Following what everyone else is doing is rarely a way to get rich.Collection: Way
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.Collection: Eggs
If anybody laughs at your idea, view it as a sign of potential success!Collection: Views
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.Collection: Opinion Leaders
The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.Collection: Business
If you want to make a lot of money, resist diversification.Collection: Want
You will never get anywhere if you do not do your homework.Collection: Homework
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.Collection: Lying
History shows that people who save and invest grown and prosper, and the others deteriorate and collapse.Collection: People
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 developCollection: Smart
If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the richCollection: Bail
I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.Collection: World
Lady Luck smiles on those who continue their effortsCollection: Effort
There is no such thing as a paper loss. A paper loss is a very real loss.Collection: Real
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.Collection: New York
Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.Collection: Thinking
The first loss is the best loss.Collection: Loss
Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.Collection: Reality
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.Collection: Writing
Teach your children or your grandchildren Chinese. It is going to be the most important language of their lifetimes.Collection: Children
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.Collection: Long
I haven't met a rich technicianCollection: Rich
If you want to be lucky, do your homework.Collection: Lucky
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.Collection: Running
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.Collection: President
My basic advise is don't lose moneyCollection: Advise
It's a lot of fun finding a country that nobody knows about. The only thing better is finding a country everybody's bullish on and shorting it.Collection: Country
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.Collection: Wall
Unfortunately politicians are not very sound people or they wouldn't be politicians.Collection: People
Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.Collection: School
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.Collection: Bail