Lessons About Life & Investing

The main thing is to figure out your own passion. Figure out what you love. Do not listen to your parents, your teachers, your friends. Find out what you love a lot. Everybody loves something, sometimes you have to figure out what it is.

Sometimes people will laugh at you if you say, "I want to be a gardener". Some will say, "That is absurd!" But if that is what you want to do and you know it, do it and become a gardener. You are going to be very happy. The people who do what they love never go to work. They wake up every day and start having fun. These are the people that are the most successful, doing what they love.

 If you are going to invest, it is the same thing. Only invest in what you, yourself know a lot about. Do not listen to me, do not listen to the TV, the internet, the newspapers. Just listen to what you, yourself know about. You will know better than anybody when something new is happenning, when things are going to succeed and that how you invest.

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.

A Nasty Bear Market Is Coming

You are going to see in the next couple of years the worst bear market in your lifetime. It is going to be very, very bad. We have dire circunstances coming.

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.

A Recession By Next Year

I am not saying a recession could be looming. I am saying a recession is on the horizon. You will see it certainly by next year.

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.

Being A Contrarian, Buying Panic

Almost every time you buy panic you are going to do okay, as a trader or as an investor. It might be even better for the trader because you can just jump in and buy and then when the rally finally comes, it can be in the next trading session or in the next month, a trader sells.

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.

We Are Going To Have A Recession

There are problems facing the world. Of course we are going to have a recession. It is not unusual. We`ve had them every 4 to 7 years since the beginning of the Republic. There is nothing unusual about that. That is the way the world has always worked. 

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.

Central Banks Are Losing Their Power, Huge Problems Ahead

Central Banks are losing their power. No matter where in the world you look, most of them have done all that they could and they are now losing their power and their credibility. Thank goodness.

The Central Banks we have now are disastrous. America has had three central banks, the first two disappeared, fortunately this one is going to disappear too because these guys are total imbeciles and they do not know what they are doing. They make mistake after mistake, after mistake, after mistake and eventually there is going to be a huge reaction, huge problems in the markets and the people are going to say, get rid of the central bank.

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.

Gold: What The Commitments of Traders (COT) Report Shows

The Commitments of Traders (COT) report shows that gold speculators own records amounts of gold ant that is why I am not buying gold right now. A number like this is usually a contrarian indicator. 

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.