Tuesday, May 12, 2015

Successful Investors Do Nothing Most Of The Time

Most of the time many successful investors do nothing. They are either waiting to find things and I have used the expression, wait until something where there is just money lying in the corner and all you have to do is to go there and pick it up.

Wait for a good opportunity, in other words, and if you find a good opportunity you will probably do most of the time waiting too, waiting for it to develop and mature. You need of course to check it all the time to make sure it is still correct, but most of the time, I do nothing and many, many successful investors do nothing most of the time.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.