Jim Rogers Quotes
Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.
Topics
Choices
Financial Success
Risk-management
Wealth Creation
Financial Planning
Eggs
Diversification
Watches
Asset Allocation
Asset Management
Concentrated Portfolio
Investment Management
Investment Philosophy
Investment Portfolio
Investment Risk
Investment Strategy
Portfolio Diversification
Risk Tolerance
Focused Investment
Citations
Rogers, Jim. Street Smarts: Adventures on the Road and in the Markets. Crown Business, 2013, p. 111.
Related Quotes
James Beeland Rogers Jr. is an American investor and financial commentator based in Singapore. Rogers is the Chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He was also the creator of the Rogers International Commodities Index (RICI).