What I like to do is to buy things and own them forever.
What success I have had in investing has usually come from buying stock that is very cheap or that I think is very cheap because even if you are wrong, when buying something very cheap you are probably not going to lose a lot of money.
Of course that buying something simply because it is cheap is not good enough because it can stay cheap forever. So, you must see a positive change coming, I mean something that within the next 2 or 3 years most people will recognize as a positive change.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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