Thursday, July 13, 2017

"Its different this time"

You see throughout history that all bubbles look the same. When you see that everyone is doing the same thing, that is when you have to be aware. The most dangerous words in the investing world are “it is different this time.” It is never different. I am not the first person to figure this out.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.