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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (1320)3/10/2001 10:08:49 AM
From: Telemarker  Read Replies (3) | Respond to of 23153
 
Hi Tommaso. Thank you so much for the link.

Amongst all of the bubble type humor on that page was an absolute gem of a quote, and a very interesting link.

The quote:

"One of the best rules anybody can learn about investing is to do nothing, unless there's something to do. Most people always have to be playing; they always have to be doing something. They can't just sit there and wait for something new to develop. I wait until there is money lying in the corner, and all I have to do is go over and pick it up. I do nothing in the meantime. Even people who lose money in the market say, "I just lost my money, now I have to do something to make it back". No, you don't. You should just sit there until you find something."
- Jim Rogers

The link:

millenniumadventure.com

I'd encourage folks to consider the worldwide energy picture in light of this anecdotal story. Also consider how long the U.S. economy will represent the direction for that of the world. This piece would suggest that the 800 pound gorilla is indeed awakening, and the myopic Americans are blissfully unaware of that fact.

I've always admired Rogers.

Regards,
TM