"Get inside information from the president and you will probably lose half your money. If you get it from the chairman of the board, you will lose all of your money"

This quote by Jim Rogers is a cautioning to financiers about the risks of relying on insider details. He is suggesting that if you get information from the president of a company, you may still lose some of your money, however if you get it from the chairman of the board, you are likely to lose all of your money. This is due to the fact that the chairman of the board is likely to have more knowledge and influence over the business's choices than the president. For that reason, it is important to be mindful when relying on expert info, as it can be undependable and cause significant losses. It is much better to do your own research study and make informed decisions based upon the truths.