Jim Rogers Quotes

Buying only what you know can end in disaster. Just think about Enron's employees and business partners, the 'locals' who bought lots of its stock because they thought they were in the know.

Banks and investors don't usually view a high-ranking executive in the company selling off massive amounts of stock as a good thing.

Investors are sometimes too busy looking for profits to notice where the truth ends and the deception begins.

I had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.

Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.

Because the sad fact is that the Enron Corporation and others manipulated with unfortunately great effect the energy market in the West Coast starting in 2000.

I could never gamble on stocks and shares because I saw my father get hurt that way - he lost quite a lot of money when the stock market collapsed in 2001.

Corporate executives often buy or sell shares in their companies, and stocks rarely rise or fall significantly when those transactions are reported.

Everything that happens on Wall Street only fortifies my opinion that there is in fact a more ludicrous industry than the entertainment industry.

The main purpose of the stock market is to make fools of as many men as possible.

There is a lot of risk in the tech sector.

I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that.

The stock market is a racket. Those guys are crooks.

There’s a lot of greed on Wall Street.

… the U.S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.

Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.

A hyperactive stock market is the pickpocket of enterprise.

The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England

I told all of our original investors that they would lose their money for sure.

Speculator: One who bought stocks that went down.

Only put money in the banking system that you can afford to lose!

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.

If it were not for government regulation of big corporations, executives at companies like Enron, WorldCom, Tyco, they could have cheated investors out of millions.

People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.

One of the reasons so many people get burned in the market is because they start buying as they see prices going up.