Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Wednesday, January 1, 2014

The Road To Riches




"If you ask a thousand people if they want to be rich, every one except the poet and the mystic will say yes. When you explain what is needed to become rich, maybe six hundred of that initial 998 will say, "No problem, I can do that." But when push comes to shove, when they have to sacrifice everything else in their lifes - having a spouse and a children, a social life, possibly a spiritual life, maybe even pleasure - to meet their goal, almost all of them, too, will fall away. Only about six of the original thousand will continue on the hard path.

Most of us don`t have the discipline to stay focused on a single goal for 5, 10 or 20 years, giving up everything to to bring it off, but that`s what`s necessary to become an Olympic champion, a world-class surgeon, or a Kirov ballerina. Even then, of course, it may all be in vain. You may make a single mistake that wipes out all the work."

in Investment Biker



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

1 comment:

  1. Jim, thanks for the great info and advice. It's truly appreciated..

    ReplyDelete

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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