1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4610) 

Jim Rogers - It Is a Wonderful Thing to Lose Money (When You Are Young)

February 20, 2013 | About:

Rogers believes that the best lessons he learned came the hard way early in his investing career when he lost money by making mistakes. According to Rogers, "A little knowledge is a dangerous thing."

As to how he has made so much money, Rogers points to his willingness to go where nobody else is looking. Whether it be countries like Myanmar or an investment class like commodities, his advantage is being ahead of the herd in finding undervalued opportunities.

Rogers says that we should invest in what we know, and wait for an obvious opportunity to arise. Sometimes holding cash is the best alternative.

About the author:


Rating: 3.0/5 (1 vote)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

Ismael04Magic Formula Personal
Ismael04Filter Magic Formula
jblrseScholss Strategy
ks052557Value Stocks3
MariocabReinvestment Moats
LMANLEYDeep Value Quality

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)