Whats true today might not be true 15 years from now

The world is always changing. 

No matter what you think is true today, its not going to be the case in 15 years. You pick any year in history 1900, 1950, you look at how everybody thought the world is, 15 years later enormous changes had taken place, in politics, economics, war, technology. 

Jim Rogers quote on Russia

I first went to Russia in the year 1966 and came away pessimistic, and was pessimistic for the next 46 years. I knew I wouldn’t work. But now I see positive changes taking place, and so I’ve started investing in Russia.

Jim Rogers on Ukraine stocks

I have only been to Ukraine twice in my life, but I’ll tell you – I have never been impressed by the government or the management of Ukraine. You don’t buy something just because it’s low – because it can get lower and lower and lower. 

I’d rather buy a sound situation, rather than one that is in turmoil and it’s going to continue to be in turmoil. If you’ve looked at the Ukrainian government over the past 10-15 years – you know what I’m talking about. Someday, of course, I might invest in Ukraine, but not now.

Worst is yet to come