The digital economy is going to change dramatically everything we think we know. My children will never go to a bank, a post office, a doctor and things we don’t even know about.
It’s going to be exciting, I hope we get it right.
Tuesday, January 8, 2019
Friday, January 4, 2019
2018: Best Investing Quotes (Part 2)
Here's the second part of the best investing one-liners from Jim Rogers in 2018, sorted by topic.
On investing and timing:
"Historically when there's a huge short position in anything it goes up."
On the Federal Reserve:
"First of all, we have a central bank which has no clue what it's been doing and probably also not what it will do in the future."
"When things go wrong they're gonna make more mistakes."
On politics:
"Certainly nobody wants to be a communist and if they want to be a socialist, they want to be a rich socialist."
"No communist nation or a communist country has ever succeeded."
Thursday, January 3, 2019
2018: Best Investing Quotes (Part 1)
Here's a collection of the best investing one-liners from Jim Rogers in 2018 by topic.
On trade wars:
Trump, in his brain, thinks he can win a trade war and that a trade war is good for him.
Nobody's ever won a trade war, history is very clear about the effects of trade wars.
About crude oil:
Crude oil is in the process of making a complicated bottom.
It will go higher because reserves are declining everywhere in the world except fracking but that bubble the fracking bubble broke.
On commodities:
Sugar, believe it or not, is down something like 80% from its all-time high.
The highest rate of suicide in the UK is in agriculture.
On emerging markets:
Exciting things are happening in Venezuela right now.
Korea is probably going to be the most exciting country in the world once North Korea opens which will and very soon.
About investing in general:
Historically when there's a huge short position in anything it goes up.
Only invest in what you, yourself know a lot about.
Have a great 2019!
On trade wars:
Trump, in his brain, thinks he can win a trade war and that a trade war is good for him.
Nobody's ever won a trade war, history is very clear about the effects of trade wars.
About crude oil:
Crude oil is in the process of making a complicated bottom.
It will go higher because reserves are declining everywhere in the world except fracking but that bubble the fracking bubble broke.
On commodities:
Sugar, believe it or not, is down something like 80% from its all-time high.
The highest rate of suicide in the UK is in agriculture.
On emerging markets:
Exciting things are happening in Venezuela right now.
Korea is probably going to be the most exciting country in the world once North Korea opens which will and very soon.
About investing in general:
Historically when there's a huge short position in anything it goes up.
Only invest in what you, yourself know a lot about.
Have a great 2019!
Life & Investing: Embrace Change
Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.
Thursday, December 27, 2018
Investing: Learn To Be A Little More Attentive
If people learn to be a little more attentive to what they see they might wind up making investments and they might be successful.
Personal Finance: One of The Best Things I Can Tell You
One of the
best things I can tell you is do not
have a lot of debt and try to stay away
from people that have a lot of debt.
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