![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgNy9nwkpw9-Im-3Dj578Me2HdeDrkiKpQIhmbevA4Urwyo5_UvLy8tlV0g0OH2v58PH_RtBuvxxiGMoea_NQ7Y8utP4AmXAkK3_6P8ahn35shghyphenhyphenwDmALQvO36Pa7q_dBsVv3Br2cveGLZ/s320/jimrogersindia.jpg)
And what success I have had in investing has usually come from buying stock that is very cheap or that I think is very cheap. Even if you are wrong, when buying something cheap you are probably not going to lose a lot of money.
But buying something simply because it is cheap is not good enough -- it could stay cheap forever. You have to see a positive change coming, something that within the next two or three years everybody else will recognize as a positive change.
Jim Rogers co-founded the Quantum Fund with George Soros in 1973. The fund gained more than 4000 percent within 10 years..