Quotes from Jim Rogers

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.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

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.

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.

Right now I own shares of companies in 28 countries.

Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.

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.

Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.

If anybody laughs at your idea, view it as a sign of potential success!

Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.

Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.

If everyone saw himself as a citizen of the world rather than of his town, city or country, the world would be a more peaceful, better place where success in all forms is abundant and available to all.

Nearly every time I strayed from the herd, I've made a lot of money. Wandering away from the action is the way to find the new action.

The Roman censor Appius Claudius the Blind said, "Every man is the architect of his own fortune.

There is nothing better than having to struggle and make your own way.

Do not worry about failure, I would tell them. Do not worry about making mistakes in life. It is good to lose money, to go broke at least once, and preferably twice. But if you are going to do it, do it early in your career. It is better to go bust when you are talking about $20,000 than when you are talking about $20 million. Do it early, and it is not the end of the world.

This is the legacy of China's one-child policy, instituted in 1980 (and just officially ended in 2002). Studies have shown that only children and firstborns are usually smarter, more driven, and more accomplished than other children. And, of course, they are more often spoiled. In China one finds an entire country of only children. Everybody's child is special, smarter, more driven, and more accomplished—or

Botswana was rich in diamonds, Ghana in cocoa and gold, Morocco in phosphates. There were many countries I was eager to visit and revisit, such as Zambia, with its emeralds and copper, and Cameroon, awash in oil. I could not wait to visit

money is the lance, not the grail

But there's a world of difference between knowing a type and knowing a person. When you've traveled all over the planet, as I have, and communicate with people from other cultures, you come to understand that, ultimately, very few human beings conform to the stereotypes imposed upon them. And, for the most part, we all want the same things out of life.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

I have learned that when you've done your homework, once you recognize that supply and demand are totally out of whack, and you make your move, you are definitely going to get very lucky.

Morocco, one of the more fully developed countries in Africa, with a solid infrastructure and a population of about 27 million, holds roughly two thirds of the world's reserves of phosphate rock—phosphate deposits are to Morocco as oil is to Venezuela—and dominates the world market in this vital

Years later, a Columbia business school dean, citing a university study, told me that the single most important predictor of a happy life in adulthood was having a paying job as a teenager. All