Thursday, May 04, 2006

Priceless Investment Quotes

"Risk comes from not knowing what you're doing." - Warren Buffett

"Rule number one: Never lose money. Rule number two: Never forget rule number one." -Buffett

"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be far more productive than energy devoted to patching leaks." - Buffett

"For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper." - Hans Sennholz

"It is easy to be generous with other people's money." - Ron Paul

"An investment in knowledge always pays the best interest." - Ben Franklin

"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton

"Few men have virtue to withstand the highest bidder." - George Washington

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." - George Soros

"Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception." -George Soros

"You do your research, pick the companies you like, and buy them. Otherwise, you might as well sit at home and watch the movies." - Jim Rogers

"You get your information from the Russian government and the World Bank?!?! Are you mad?" - Jim Rogers

"The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own." - Gordon Gekko

"You're walking around blind without a cane pal. A fool and his money are lucky enough to get together in the first place." - Gordon Gekko

"You know, at one time there must've been dozens of companies making buggy whips. And I'll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that company? You invested in a business and this business is dead. Lets have the intelligence, lets have the DECENCY to sign the death certificate, collect the insurance, and invest in something with a future. " - Lawrence Garfield

2 Comments:

Blogger rvb1977 said...

"It is one of the great paradoxes of the stock market that what seems too high usually goes higher, and what seems too low usually goes lower." - William O'Niell

4:24 PM  
Blogger MattKelly54 said...

A man who knows himself can step outside himself and watch his own reactions like an observer. - Ned Johnson

4:19 PM  

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