Following what everyone else is doing is rarely a way to get rich. History shows that people who save and invest grown and prosper, and the others deteriorate and collapse. Acknowledge the complexity of the world and resist the impression that you easily understand it… It’s a basic fact of life that many things “everybody knows” turn out to be wrong. Henry Ford never diversified, Bill Gates didn’t diversify.” Jim Rogers 10 Wise Jim Rogers Quotes on Investing (WISDOM) The biggest public fallacy is that the market is always right. “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. If you get it from the chairman of the board, you will lose all of your money. Get inside information from the president and you will probably lose half your money. All that excess supply has been sopped up. Tough times helped many commodities producers become lean and mean through consolidation, mergers and cost-cutting. Act without checking the facts, and chances are that you will be swept away along with the mob. “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.” Jim Rogers Never act upon wishful thinking. ![]() I cannot invest the way I want the world to be I have to invest the way the world is. The problem is knowing what’s low and what’s high. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. If you can figure out that it is wrong, you are likely to make a lot of money. 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 If everyone thinks one way, it is likely to be wrong. “The price of a commodity will never go to zero. ![]() Top 10 Most Famous Jim Rogers Quotes (BEST) (MUST READ) Street Smarts: Adventures on the Road and in the Markets.10 Jim Rogers Quotes that will Make You Rethink Investing and Money.10 Wise Jim Rogers Quotes on Investing (WISDOM).Top 10 Most Famous Jim Rogers Quotes (BEST).
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