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.
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.
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.
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!
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.
Login to join the discussion
Login to join the discussion