Jim Rogers, How To Invest

How To Invest According To Jim Rogers: ".... You will also know when to sell, because you will see before anybody else that the great change you noticed a few years ago is starting to reverse itself – someone is building a cheaper product, the competition has intensified. Let's say you have done that. After ten years you have made ten times your money. Now is when you are most vulnerable. You think: I have to find something else. I have to do it again. This is wonderful. This is so easy. It is the great mistake people make. Now and then a time comes when doing nothing is the wisest course. Most successful investors, in fact, do nothing most of the time. You bought that stock ten years ago, and you did nothing for the next ten years – you did nothing but watch what was going on, nothing but watch for changes. That is how you make money." (source: Business Insider)

Follow @johnmpoole