Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.
Jim RogersWithout giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
Jim RogersThe biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.
Jim RogersI just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.
Jim Rogers