Jim Rogers: Everybody should pursue their own passions. Guys like [Bill] Gates was – and I presume still is – a terrible investor. He didn’t even try to be an investor. Instead he pursued something he was very good and he stuck with it. A guy named Tyson down in Arkansas was spectacular at raising chickens. [NS: A chicken in every pot?] That’s what he should have done, and what he did do. Don’t try to do what other people tell you to do.
If you like investing, are passionate about investing, and love it, then by all means become an investor. But as we have ascertained from the facts most people are not good investors. It’s wonderful to see the cover of magazines about Joe and Sally that have made fortunes from investing and you read the articles and it sounds so easy. Well, it isn’t easy, but it attracted staggering numbers of people because we had the long bull market. That’s in the process of changing.
- in The Motley Fool
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%.
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
