The real measure of your wealth is how much you’d be worth if you lost all your money.


Charity work

Doing charity work is the opposite of investing – we look for the most difficult problem to solve and the ones that have the lowest possibility of success.

Wisdom- Quotations book 2008

Own instinct

Follow your own instincts, not those of people who see the world differently.

Sumner Murray Redstone – born Sumner M. Rothstein, American media magnate (CBS, Viacom, 1923-2020)


If your work speaks for itself, don’t interrupt.

attributed to Henry J. Kaiser – American entrepreneur, founder of several companies – today Kaiser Group International (1882-1967)


Plan so big that you need God to fulfill your plan.

Dr. William Rohl “Bill” Bright – American evangelist, founder of the Campus Crusade for Christ International (1921-2003), Quotations book 2008

Work and luck

I find that the harder I work, the more luck I seem to have.

attributed to Thomas Jefferson – American politician, 1801-1909 third president and member of the American Enlightment movement (1743-1826), Quotations book 2008


The best investments are on main street, not Wall Street.

Robert Miles – American investmentor, author and Warren Buffett expert (b. 1955)


Every mission risks losing its identity as a mission if it eliminates suffering servanthood in exchange for personal ease on a par with the world’s standards.

Stephen E. Freed – International Director of International Teams (www.iteams.org)


Time does not change us.

It just unfolds us..

Max Frisch – Swiss writer (1911-1991), Quotations book 2008

Coming together

Coming together is a beginning,
staying together is progress,
and working together is success.

Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2008

Dullness and riches

One of the many stereotypes of the Swiss is that they are perceived – by the global non-Swiss community – as dull. One of the reasons the Swiss are dull – according to an article we came across some years ago – is that the Swiss never had victories on battlefields to speak of, never had colonies, never had social upheavals, never had social disasters.

The Swiss, unlike their neighbors, don’t even strike. The article went on to the argue that periods of stress, such as war, bring out the best in terms of human inventiveness and creativity.

However, Switzerland – by any standard – is also among the world’s richest nations. Has the reader ever thought that there might be a relationship between dullness and riches?

Alexander Ineichen – Swiss banker (*1967),from “Asymmetric Returns”, Quotations book 2008


Knowledge is like a baobab tree – one person’s arms are not enough to encompass it.

African proverb


There are two ways to live your life.

One is as though nothing is a miracle.

The other is as if everything is.

often falsely attributed to Albert Einstein

Bad press

Lemmings may have a rotten image, but no individual Lemming has ever received bad press.

Warren Buffett – American value investor, chairman of Berkshire Hathaway (b. 1930) in his letter to Berkshire Shareholders (1984), Quotations book 2008


Choose a Profession, you love, and you will never have to work a day in your life.

Asian proverb – Quotations book 2008


Quantum potes, tantum audes.

Thomas Aquinas – Italian philosopher and theologian (1224/25-1274), from “Lauda Sion” (circa 1264), Quotations book 2008


The plans of the diligent lead to profit as surely as haste leads to poverty.

The Bible, Proverbs 21:5 (NIV) – Quotations book 2008


Do not speak unless you can improve on the silence.

rule for monasteries – Quotations book 2008

Recognize shortcomings

Recognize the skills and traits you don’t possess, and hire people who have them.

Howard Schultz – American entrepreneur (Starbucks) (b. 1953), Quotations book 2008


I never would have been able to tithe the first million Dollars I ever made if I had not tithed my first salary, which was $1.50 per week.

attributed to John D. Rockefeller – American oil magnate and one of the richest men of the world in his time (1839-1937), Quotations book 2008


The philosophy behind much advertising is based on the old observation that every man is really two men – the man he is and the man he wants to be.

attributed to William Feather – American author and publisher (1889-1981), Quotations book 2008


Who questions much, shall learn much, and retain much.

Sir Francis Bacon – English philosopher, politician and writer (1561-1626), Quotations book 2008


The United States has to move very fast to even stand still.

John F. Kennedy – American politician, 1961-63 35th president (1917-1963), at a press conference 1963


What I possess, God owns.

Howard Dayton -co-founded Crown Financial Ministries (b. 1943), Quotations book 2008

Explaining the world with words or with mathematical formulas

Since the mathematicians have invaded the theory of relativity, I do not understand it myself anymore.

attributed to Albert Einstein – German physicist, Nobel Prize in physics 1921 (1879-1955), Quotations book 2008


Whenever you find yourself on the side of the majority, it is time to pause and reflect.

Mark Twain – born Samuel Langhorne Clemens, American writer (1835-1910), Quotations book 2008


God does not give you a wife to frustrate you but to complement you.

Howard G. Hendricks – American Professor at the Dallas Theological Seminary (1924-2013), Quotations book 2008

Purchasing patterns

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years..

Warren Buffett – American value investor, chairman of Berkshire Heathaway (b. 1930), Quotations book 2008

The essential

The virtue of the candle lies not in the wax, but in its light.

Proverb – Quotations book 2008


To the question: “Today you are a billionaire. What do you afford rather than before?”
Nothing. You know I am a guy who wears boots, I have some more suits in my cupboard, but I still drive an old Volvo, and I don’t have a yacht or a private jet. And I got the same wife for 36 years.

Kenneth L. Fisher – American investor (b. 1950), Quotatiins book 2008

Investment advantage

Your investment advantage is usually at its greatest immediately before, during and right after the corporate event or change.

Joel Greenblatt – American hedge fonds manager and honorary professor at Columbia University (b. 1957), Quotations book 2008


On why he has donated $600 million to selected charities.

“I simply decided I had enough money.”

Charles Feeney – Irish-American businessman, co-founded the DFS Duty Free Shops chain and General Atlantic Partners (b. 1931)

Real world

In all my years in investing, there’s one rule I’ve prized beyond every other: Always bet against central banks and with the real world. In the seventies, the central banks were defending the United States’ artificially low price of gold. Central banks and governments always try to maintain artificial levels, high or low, whether of a currency, a metal, wool, whatever. When a central bank is defending something – whether it’s gold at thirty-five dollars or the lira at eight hundred to the dollar – the smart investor always goes the other way.
It may take a while but I promise you you’ll come out ahead. It’s a golden rule of investing.

James B. “Jim” Rogers – American star investor, business columnist and author (b. 1942), Quotations book 2008


We didn’t inherit the land from our fathers. We are borrowing it from our children.

Amish proverb – Quotations book 2008


The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else.

Frédéric Bastiat – French Economist and Journalist (1801-1850), Quotations book 2008

Compound interest

Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.

often falsely attributed to Albert Einstein – Quotations book 2008


The currency of this world will be worthless at our death or at Christ’s return, both of which are imminent.

Randy C. Alcorn – director of the Eternal Perspective Ministries and author (b. 1954),Quotations book 2008

Joy of business

The joy of business lies in the drive to succeed for the sake, not of the fruits of success but of success itself, in the will to conquer, in the impulse to fight for what’s right, and in the thrill of exercising our energy and ingenuity.

following Joseph Alois Schumpeter – Austrian economist (1883-1950), Quotations book 2008


Companies should act as if they have owners, because they do, and investors should act like they are owners, because they are.

Investor’s slogan – Quotations book 2008


We make a living by what we get. We make a life by what we give.

often falsely attributed to Sir Winston L. Churchill – British politician, 1940-45 and 1951-55 Prime Minister, Nobel Prize in literature 1953 (1874-1965)


People don’t care how much you know until they know how much you care.

Wisdom – Quotations book 2008

Small people

Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.

attributed to Mark Twain – born Samuel Langhorne Clemens, American writer, (1835-1910), Quotations book 2008


Life is like riding a bicycle. To keep your balance you must keep moving.

Albert Einstein – German physicist, Nobel Prize in physics 1921 (1879-1955), in a letter to his son Eduard (5th February 1930), Quotations book 2008

Market economy

At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.

Milton Friedman – American economist, Nobel-Memorial Prize in economic sciences 1976 (1912-2006), Quotations book 2008


I have held many things in my hands, and I have lost them all. But whatever I have placed in God’s hands, that I still possess.

wird Martin Luther zugeschrieben – German reformer (1483-1546), Quotations book 2008


So do not fear, for I am with you;

do not be dismayed, for I am your God.

I will strengthen you and help you;

I will uphold you with my righteous right hand.

The Bible, Isaiah 41,10 (NIV) – Quotations book 2008


Experience is not what happens to a man;
it is what a man does with what happens to him.

Aldous Leonard Huxley – British writer (1894-1963), Quotations book 2008


Behold, the fool saith, “Put not all thine eggs in the one basket” – which is but a manner of saying, “Scatter your money and your attention”;

but the wise man saith, “Put all your eggs in the one basket and – watch the basket!”

Mark Twain – born Samuel Langhorne Clemens, American writer (1835-1910), Quotations book 2008


For he will command his angels concerning you to guard you in all your ways, they will lift you up in their hands, so that you will not strike your foot against a stone.

The Bible, Psalms 91:11-12 (NIV)


Most economists use statistics like drunks use lampposts: for support rather than for light.

attributed in a similar Version to Andrew Lang (Scottish writer, anthropologist and journalist, 1844-1912) and falsely to Sir Winston L. Churchill (British politician, 1940-45 and 1951-55 Prime Minister, Nobel Prize in literature 1953, 1874-1964), Quotations book 2008

Watchword 2008

I live, you also will live.

The Bible, John 14:19 (NIV) – Quotations book 2008

The Protestant pastor and song writer Otto Riethmüller (1889-1939) – he belonged to the Confessing Church – decided in 1930 under the impression of the Nacional Socialism’s propaganda, to give henceforth every calendar year a headline with a Bible verse. An act of civil courage! He has established a tradition that still exists today. Meanwhile, the annual solution is set by the Ecumenical Association for Bible Reading (Ökumenische Arbeitsgemeinschaft für Bibellesen) three years in advance.


No one has ever become poor by giving.

Anne Frank – Dutch Jewish banker’s daughter, who died in the Bergen-Belsen concentration camp (1929-1945), Quotations book 2008

Good and bad

There is nothing so bad that someone won’t praise it, or so good that someone won’t complain.

Finnish proverb – Quotations book 2008


Even when the experts all agree, they may well be mistaken.

Bertrand Russell – British philosopher and mathematician, Nobel Prize in literature 1950 (1872-1970), from “On the Value of Scepticism” (first page), in “Sceptical Essays” (London 1924)


You’ve got to make your employees happy. If the employees are happy, they are going to make the customers happy.

John Willard Marriott – American entrepreneur, founder of the Marriott hotelchain (1900-1985)


There’s a way to do it better – find it!

Thomas Alva Edison – American inventor (1847-1931), Quotations book 2008


I wish Karl would acquire some capital, instead of just writing about it.

attributed to Henrietta Marx – Karl Marx’ mother ( 1788-1863), quoted in “The World’s Greatest People. All Things Family, Audio CD, Vol. 1, Disk 6”, Quotations book 2008


Risk is the chance of an unwanted outcome.

Leslie Rahl – American financial advisor and author (b. 1950)


If you can’t trust the CEO with your children should something happen to you. You should not go on the board. .

Armando Codina – American entrepreneur and investor (b. 1946)


It is more blessed to give than to receive.

The Bible, Acts 20:35 (NIRV) – Quotations book 2008


Man does not want liberty in order to maximize his utility, or that of the society of which he is a part. He wants liberty to become the man he wants to become.

James M. Buchanan – American economist, Nobel Memorial Prize in economic sciences 1986 (1919-2013), Quotations book 2008


In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.

Harold S. Geneen – American manager (f.ex. ITT) (1910-1997), Quotations book 2008


People are always blaming their circumstances for what they are. I don’t believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and, if they can’t find them, make them.

George Bernard Shaw – Irish writer, Nobel Prize in literature 1925 (1856-1950), from “Mrs. Warren’s Profession” (1902), Quotations book 2008

Change the world

Never doubt that a small group of thoughtful, committed citizens can change the world.® Indeed, it is the only thing that ever has..

Margaret Mead – American anthropologist and ethnologian (1901-1978), Courtesy of The Institute for Intercultural Studies, Inc., New York, Quotations book 2008


If a cluttered desk is a sign of a cluttered mind, of what then is an empty desk?

rhetorical question

Prevent problems

Intellectuals solve problems, geniuses prevent them.

often falsely attributed to Albert Einstein – Quotations book 2008