Greece Is Bankrupt, But Other Are Too

Greece is bankrupt, but others are too, and these haircuts will have to come back and be wider. - in Investment Week

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Never Act Upon Wishful Thinking

“Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.” - in a Gift To My Children

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Keys To Success

Jim Rogers' Keys to Success (taken from the titles and sub headings of each chapter of the new book, "A Gift To My Children"):

1. Do not let others do your thinking for you

2. Focus on what you like

3. Good habits for life & investing

4. Common sense? not so common

5. Attention to details is what separates success from failure

6. Let the world be a part of your perspective

7. Learn philosophy & learn to think

8. Learn history

9. Learn languages (make sure Mandarin is one of them)

10. Understand your weaknesses & acknowledge your mistakes

11. Recognize change & embrace it

12. Look to the future

13. “Lady Luck smiles on those who continue their efforts”

14. Remember that nothing is really new

15. Know when not to do anything

16. Pay attention to what everybody else neglects

17. If anybody laughs at your idea view it as a sign of potential success

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Politicians Have Delayed Addressing The Problem Yet Again

Politicians have delayed addressing the problem yet again. It will come back in a few weeks or a few months and the world will still have the same problem, but this time only worse because the European Central Bank and other countries will be in deeper in debt.

Greece is bankrupt, but others are too, and these haircuts will have to come back and be wider. - in MoneyNews

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Europe Starting To Accept Reality

Never in a million years did I expect them to impose a haircut of 50 percent, this shows at least somebody is starting to accept reality. - Investment Week

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Europe: They Are Starting To Do What Is Necessary

It is good news. It is about time they started doing what is necessary. The problem is they have not dealt with anyone except Greece. - Investment Week

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

See The World, Know Yourself Before Getting Married

Do not get married until you are at least 28 and know a bit more about yourself and the world. - in a Gift To My Children

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

In Asia They Work Hard, They Save As Much As They Can

If you look at America and the west, everybody is spending and consuming and borrowing. That`s not the way things are done in Asia. In Asia everybody has a very high savings rate. They work hard, they save as much as they can. - in Smart Money

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Teaching My Kids The Importance Of Saving And Investing

I am trying to teach them (my children) the importance of saving and investing. We make them work for their money, we make them save as much money as possible. - in Smart Money

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Teach Your Children Mandarin

I am preparing my children for the 21st century, the most important gift that I ca give them, or skill that I can give them is to speak fluent mandarin.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Video: RBS Conference in Austria

Recent RBS Investment Conference in Austria.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I’ll Probably Make More Money In Agriculture Than In Other Things

Agriculture prices are still, on a historic basis, extremely depressed, and in my view I’ll probably make more money in agriculture than in other things.

So bullish is he about agriculture that Rogers remarked, ”You pick an agriculture product and I’ll say buy it! - in Emerging Money

Tickers, ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (AMEX:RJA), PowerShares DB Agriculture Fund (AMEX:DBA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Repatriation Of Overseas Earnings Without Onerous Taxation Would Be US Dollar Bullish

"The U.S. dollar has started fading as the world's reserve currency. However, the dollar could get a temporary boost if the government allows U.S. companies to repatriate their overseas cash without onerous taxation. - in MarketWatch

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Video: Preparing Your Kids For The 21th Century

Preparing your kids for the 21th Century - Smart Money video

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Agriculture Commodities: Supply & Demand

I own all commodities, but I own agriculture most of all. Agriculture is in the worst shape of all in terms of adequate supply.

ETFs: ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (AMEX:RJA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investing Lessons: Going Against Panic

Just about every time you go against panic, you will be right if you can stick it out. - in Market Wizards

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Federal Reserve Is Making The Bubble Worse

Bernanke is obviously backing the market again and the Federal Reserve has more money than most of us - so they can drive interest rates down again. As I say they are making the bubble worse. - in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

There Are Some Factors That Might Not Keep The Interest Rates Down In The U.S.

A difference is when Japan did that they were the largest creditor nation in the world, America is the largest debtor nation - not just in the world - but in the history of the world and the U.S. dollar has been - and is the world's reserve currency. So there are some factors that might not keep the interest rate down in the U.S. - in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

What Worked In The Inflationary 70`s

In the 70s you didn't make much money in stocks, you made fortunes owning commodities. - in CNBC

ETFs: United States Oil Fund (USO), SPDR Gold Trust ETF (GLD), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Wouldn't Advise Anybody To Buy Bonds

I wouldn't advise anybody to buy bonds, I would advise you to sell bonds," he said. "If I were a bond portfolio manager, I would get another job. - in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

As Inflation Numbers Get Worse, Somewhere Along The Line Bond Prices Will Go Down

As the inflation numbers get worse and as governments print more money and as governments have to issue many, many more bonds - somewhere along the line we get to the point when bond prices go down. - in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Europe Is Saving The Day, Not The System

What they are doing in Europe is not saving the system, it`s saving the day..but it`s not saving the system. - in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

CNBC Video Interview With Larry Kudlow

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The 30-Year Bull Market In Bonds Is About To Come To An End

The 30-year bull market in bonds is about to come to an end. Bond portfolio managers should start looking for a different line of work. - in CBS MarketWatch

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Am Bearish On American Education

I'm also bearish on American education, but I haven't figured out how to short Princeton. - at a commodities conference in Frankfurt

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Stocks Have Been In A Trading Range For 12 Years

Stocks have been in a trading range for 12 years, and that will continue. - in MarketWatch.com

Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA) PowerShares QQQ Trust, Series 1 (ETF);

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The US Dollar Has Started To Fade As The World`s Reserve Currency

The U.S. dollar has started fading as the world's reserve currency. However, the dollar could get a temporary boost if the government allows U.S. companies to repatriate their overseas cash without onerous taxation. - in MarketWatch.com

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Going Against Panic

Just about every time you go against panic, you will be right if you can stick it out. - in Market Wizards

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investment Lessons: One Of The Best Rules

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do.Most people, always have to be playing: they always have to be doing something.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Reasons Why I Own The US Dollar

I own the US dollar because I know the standard reaction in times of confusion is to run to the US dollar. It`s the wrong thing to do in my view but they are all going to do it. - in RT America

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

SIlver Is Going Substantially Up In The Next Decade

"Silver is likely to go substantially up in the next decade." - in recent interview with CNBC

Related ETF: IShares Silver ETF (SLV)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Dangers Of A Trade War

We had a trade war in the 30`s which led to the Great Depression. We already have small signs of trade wars breaking out, Brazil, France, other places...now America.

This can be very dangerous in the end. - in RT America

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

RT America Video: China-US Trade War

Video topics: US lawmakers are going after China and accusing the country of manipulating currency. A bill recently cleared a hurdle in the Senate to impose tariffs on Chinese imports. Is this a political ploy or does Washington have a legitimate case? Could this turn into a trade war? Jim Rogers, investor and author, helps us sort through these issues.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investors Make The Same Mistakes Investing In Anything

Investors make the same mistakes investing in anything. They use too much leverage. The great advantage of commodity investing is you can use enormous leverage. The great disaster of commodity investing is you can use enormous leverage. Everybody in the world has a story about a brother-in-law who went broke investing in soybeans. But you don’t have to invest that way. - in CommodityOnline

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

In The Two Largest Economies In The World, We Have A Dismal Outlook

In the U.S. and Europe, the two largest economies in the world, we have a dismal outlook.

Naturally, that is going to affect all the emerging markets. Some of the emerging markets of course are making things worse for themselves. The Brazilians put on currency controls, the Brazilians started a possible trade war. So they are not contributing to good things.

ETFs: iShares MSCI Emerging Markets Index ETF (NYSE:EEM), iShares MSCI Brazil Index ETF (NYSE:EWZ)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Next Recession In The U.S. Will Be A Lot Worse

You know, the American economy has had an economic slow down every four to six years since the beginning of time. So we’re overdue at the end of 2011/2012/2013.

I don’t know when it will come but I know it will come. It always has. And when the next slow down comes Americans are in serious trouble. America shot all its bullets. We can’t quadruple our debt again. You know, if you take in all the off balance sheet guarantees and assets, we have a huge debt problem facing us.

And if we try to do that again the market is not going to let us. Likewise, we cannot press staggering amounts of money again. The market is not going to let us. So the next time around is going to be worse than the last time. - in GoldSeek Radio

Related tickers, SPDR S&P 500 Index ETF (SPY), ProShares UltraShort QQQ ETF (QID), ProShares UltraShort S&P500 (ETF) (SDS)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

One Day Gold Will Be In A Bubble But Not Now

I have no idea. Gold will move into bubble eventually. All long-term bull markets in every asset wind up in a bubble at the end. So I don’t know. I guess it’ll depend on the bubble.

I mean if the US dollar goes confetti there is no top. It depends on how the bubble develops. I fully expect a bubble. Not for a few years but all bubbles look the same. And I hope I’ll be smart enough to recognize the bubble when it comes. - in GoldSeek Radio

Related: SPDR Gold Trust ETF (GLD)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Debt Solutions: The Scandinavian Way Versus The Japanese Way

"It was painful. It was extremely painful for Scandinavia back then. But they did it and the alternative was what the Japanese did at the same time.

The Japanese propped up everybody with zombie companies and zombie banks. The Japanese have two lost decades now. The Japanese stock market is 80% where it was 21 years ago. Sure. You can do it or try to do it the Japanese way. I prefer the Scandinavian way. You make some mistakes, take your losses and start over.

By the way, the Koreans did it the Scandinavian way, the Russians, the Mexicans - various people did it the Scandinavian way, after a horrible period of pain came out okay and thrived. You can do it the Japanese way or the Scandinavian way. I prefer the Scandinavian way. Let’s face reality. Saying we haven’t made mistakes in the past 50 years defies comprehension." - in GoldSeek.com

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.