I cannot invest the way I want the world to be; I have to invest the way the world is.
Jim RogersRead
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.
Interpretation
What this quote means
Investing in commodities is fundamentally different than investing in companies; commodities retain intrinsic value.
Jim Rogers emphasizes the durability of commodities in investment as opposed to stocks of companies. Unlike shares that can become worthless if a company fails, commodities always retain a value due to their tangible nature, making them a robust investment choice in futures trading.
Themes
CommoditiesInvestmentValueFuturesTangibleFinance
In practice
Example use cases
In a seminar about smart investing strategies, you might quote Jim Rogers to explain the stability of commodity investments.
More from Jim Rogers
All quotes →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 develop
Jim RogersRead
Similar quotes
Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
Peter LynchRead
Nothing is simpler than owning the stock market and holding it forever, and that's essentially the idea behind the index fund.
John C. BogleRead
Saving is a fine thing. Especially when your parents have done it for you.
Winston ChurchillRead
If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
Peter LynchRead
We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.
Suze OrmanRead
There is a burden of care in getting riches; fear in keeping them; temptation in using them; guilt in abusing them; sorrow in losing them; and a burden of account at last to be given concerning them.
Matthew HenryRead