The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.
More Quotes from Jim Rogers:
On my recent trip around the world, I bought shares of companies in places like China and Chile, countries I feel have great potential.Jim Rogers
I'm kind of ready for spring, but it's all relative. I would definitely be depressed if I had to shovel snow. In April I was just happy to get out on the golf course a couple of times and not have the ground frozen.
Jim Rogers
Get inside information from the president and you will probably lose half your money. If you get it from the chairman of the board, you will lose all of your money.
Jim Rogers
Index investing outperforms active management year after year.
Jim Rogers
Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.
Jim Rogers
Commodities tend to zig when the equity markets zag.
Jim Rogers
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Based on Keywords: futures, intangibleIf you want to know how I feel, I'll summarize it in one word - terrible.
Gary Bettman
When I feel like exercising I just lie down until the feeling goes away.
Robert M. Hutchins
What is permissible is not always honorable.
Marcus Tullius Cicero