Wednesday, March 10, 2010

Jim Rogers' Investing Preparation

Jim Rogers Investment Preparation

Investor Jim Rogers said in response to a recent question on the Greek sovereign-debt debacle, what he is looking for to be sure things don't get out of control over there. His answer was telling as to the reasons behind his investment success.

Rogers said that he tries to watch as much of the world as he is possibly able to in order to make the most informed decisions.

This reminds me of how Warren Buffett studies the books and reports of companies he is looking at. One time someone mentioned he reads them like pulp ficton. And he does.

Many times when investors like Jim Rogers and Warren Buffett seem to be moving by instinct or some inner sense, the reality is they've honed their senses by their endless homework, and so when they make their share of right investment choices, it seems they have some type of gift or inner sight, when they are just the hardest workers out there in their respective fields, and the results prove they are.

Jim Rogers Investment Preparation

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