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.
The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that. - 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.
- Jim Rogers
Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high. - Jim Rogers
Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.
If anybody laughs at your idea, view it as a sign of potential success! - Jim Rogers
If anybody laughs at your idea, view it as a sign of potential success!
Following what everyone else is doing is rarely a way to get rich. - Jim Rogers
Following what everyone else is doing is rarely a way to get rich.
I cannot invest the way I want the world to be; I have to invest the way the world is. - Jim Rogers
I cannot invest the way I want the world to be; I have to invest the way the world is.
Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, … - 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, …
If you want to make a lot of money, resist diversification. - Jim Rogers
If you want to make a lot of money, resist diversification.
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. - Jim Rogers
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.
The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic. - Jim Rogers
The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.
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