Successful stock

If a business does well, the stock eventually follows.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)


Money is a great treasure that only increases as you give it away.

attributed to Sir Francis Bacon – English philosopher, politician and writer (1561-1626), Quotations book 2018


Do not pray for lighter burdens, pray for a stronger back!

attributed to Teresa of Àvila – spanish mystic and Catholic nun (1515-1582), Quotations book 2019


There is a continuum that runs from character to productivity. Who you are and what you believe make a difference to those who look to you for leadership. The values you live will reach the bottom line of your company.

Walter Wright – American Business journalist (b. 1942), Quotations book 2013


The world consists of those who make things happen, those who watch something happening, and those who ask what happened.

Norman R. Augustine – American manager, former CEO of Lockheed Martin Corporation (b. 1935), Quoations book 2009


If you would live a happy life, tie it to a goal, not to people or things.

Albert Einstein – German physicist, Nobel Prize in physics 1921 (1879-1955)


If one door closes, another one opens.

Spanish proverb – quoted by Miguel de Cervantes y Saavedra (Spanish writer, 1547-1616) in “Don Quixote” (1605), Quotations book 2011

New paths

Never walk on the traveled path because it only leads where others have been.

attributed to Alexander Graham Bell – Scottish-born American inventor, scientist and engineer (1847-1922)

Art of investing

The art of investing in public companies is… simply to acquire, at a sensible price, a business with excellent economics and able, honest management. Thereafter you need only monitor whether these qualities are being preserved.

Charlie Munger – Vice-Chairman of Berkshire Hathaway (*1924), Quotations book 2005


To obtain better results than the others, you must do someting different than the others.

attributed to Sir John Marks Templeton – value investor and philanthropist (1912-2008), Quotations book 2016

Complete, do nots top

Entrepreneurs don’t finish when we are tired. We finish when we are done.

Robert T. Kiyosaki – American businessman and author (b. 1947), in a facebook message (March 19th, 2013), Quotations book 2021


Do what you can and leave the rest to God.

Don Giovanni Melchiore Bosco – Italian Catholic priest and pedagogue (1815-1888), from “Memorie Biografiche”, book XIII, chapter XXVI, 832 (1932), Libretto delle citazioni 2021

Fa’ quello che puoi, e Dio farà il resto.

Don Giovanni Melchiore Bosco – sacerdote cattolici e pedagogo italiano (1815-1888), de “Memorie Biografiche”, benda XIII, capitolo XXVI, 4832 (1932), Quotations book 2021


I will study, I will prepare, and my opportunity will come.

attributed to Abraham Lincoln – American politician, 1861-65 16th president (1809-1865)

Watchword 2004

Jesus Christ says: Heaven and earth will pass away, but my words will never pass away.

The Bible, Marcus 13:31 (NIV) – Quotations book 2004

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.


The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard. I always pose it this way, I say: “Lookit. Would you rather be the world’s greatest lover, but have everyone think you’re the world’s worst lover? Or would you rather be the world’s worst lover but have everyone think you’re the world’s greatest lover?”

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from “Warren Buffett’s Management Secrets” (2009), Quotations book 2015


Though my heart may be left of centre, I have always known that the only economic system that works is a market economy, in which everything belongs to someone – which means that someone is responsible for everything. It is a system in which complete independence and plurality of economic entities exist within a legal framework, and its workings are guided chiefly by the laws of the marketplace. This is the only natural economy, the only kind that makes sense, the only one that can lead to prosperity, because it is the only one that reflects the nature of life itself..

Vaclav Havel – Czech writer and politician, 1993-2003 president of the Czech Republik (1936-2011)


A winner is a dreamer who never gives up.



Where the Spirit of the Lord is, there is freedom.

The Bible, 2 Corinthians 3:17 (NIV) – Quotations book 2004


An idiot with a plan can beat a genius without a plan.

Warren Buffett – American Value investor, Chairman of Berkshire Hathaway (b. 1930)

Against the math

When we lower prices, we go against the math that we can do, which always says that the smart move is to raise prices.

Jeffrey P. “Jeff” Bezos – American company founder: Amazon (b. 1964), in his letter to the shareholders (2005)


Chase the vision, not the money. The money will end up following you.

Tony Hsieh – American internet entrepreneur and venture capitalist, CEO Zappos (1973-2020)

Never give up

The secret of our success is that we never, never give up.

Wilma Mankiller – American writer, First Woman Principal Chief of Cherokee Nation (1945-2010), Quotations book 2019


Act as if what you do makes a difference. It does.

attributed to William James – American philosopher and psychologist (1842-1910), Quotations book 2020


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

Moral and economy

If moral represents an ideal world, economy shows the real world.

Steven D. Levitt – American economist and author (b. 1967)


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)

Hvem du er

Det er det du gjør og ikke det du sier som viser hvem du egentlig er.

Norsk ordtak – Sitater bok 2017

It’s what you do, not what you say, that shows who you really are.

Norwegian proverb – Quotations book 2017

The life

Life is an opportunity, benefit from it.
Life is a beauty, admire it.
Life is bliss, taste it.
Life is a dream, realize it.
life is a challenge, meet it.
life is a duty, complete it.
life is a game, play it.
life is costly, care for it.
life is wealth, keep it.
life is love, enjoy it.
life is mystery, know it.
life is a promise, fulfill it.
Life is a sorrow, overcome it.
Life is a song, sing it.
Life is a struggle, accept it.
Life is a tragedy, confront it.
Life is an adventure, dare it.
Life is luck, make it.
Life is too precious, do not destroy it.
Life is Life, fight for it!

Mother Teresa – born Agnes Gonxha Bojaxhiu, Albanian-born Indian nun and order’s founder, Nobel Peace Prize 1979 (1910-1997)


It is much easier to be a hero than a gentleman. Heroes you can be once in a while; gentlemen, you must always be.

Luigi Pirandello – Italian writer, Nobel Prize in literature 1934 (1867-1936), from his comedy “The Pleasure of Honesty”, Act one, Scene three (1917)

È molto più facile […] essere un eroe che un galantuomo. Eroi si può essere una volta tanto; galantuomini, si dev’esser sempre.

Luigi Pirandello – scrittore italiano, Premio Nobel per la letteratura 1934 (1867-1936), dalla sua commedia “Il piacere dell’onestà”, Atto Primo, Scena Terza (1917)


Love has the patience to endure the fault we cannot cure.

J. Jelinek – Chosen by Sir John Marks Templeton, value investor and philanthropist (1912-2008), Quotations book 2002

Look forward

The longer you can look back, the farther you can look forward.

Sir Winston L. Churchill – British politician, 1940-45 and 1951-55 Prime Minister, Nobel Prize in literature 1953 (1874-1965), from “Maxims”, March 2nd, 1944 Royal College of Physicians, London, Quotations book 2012


Успех – это успеть.

Мари́на Ива́новна Цвета́ева – Русский Люрикер (1892-1941)

Success is to be in time.

Marina Ivanovna Tsvetaeva – Russian poet (1892-1941)

Courage for the unpopular

Take advantage of the high rate of analyst forecast error by simply investing in out-of-favour stocks.

David N. Dreman – Canadian investor, founder and Chairman Dreman Value management (b. 1936), in “Contrarian Investment Strategies: The Next Generation”, rule 10 (1998), Quotations book 2017


The highest reward for a person’s toil is not what they get for it, but what they become by it.

attributed to John Ruskin – English writer, painter and social philosopher (1819-1900)

Why not?

The common question that gets asked in business is, “why?” That’s a good question, but an equally valid question is, “why not?”

Jeffrey P. “Jeff” Bezos – American company founder: Amazon (b. 1964), in an interview with Steven Levy for (November 13th, 2011)

Take a position

Cowardice asks the question: “Is it safe?”
Expediency asks the question: “Is it politic?”
Vanity asks the question: “Is it popular?”
But conscience asks the question: “Is it right?”
And there comes a time, when one must take a position that is neither safe, nor politic, nor popular but he must take it because conscience tells him it is right.

Martin Luther King jr. – American civil rights activist and pastor, Nobel Peace Prize 1964 (1929-1968), from his speech “A Proper Sense of Priorities”, held in Washington on February 6th, 1968, Quotations book 2017


The man who does more than he is paid for will soon be paid for more than he does.

Napoleon Hill – American writer: “Think And Grow Rich” (1883-1970), Quotations book 2019


You can do things that I cannot do.

I can do things that you cannot do.

Together we can do great things.

Mother Teresa – born Agnes Gonxha Bojaxhiu, Albanian-born Indian nun and order’s founder, Nobel Peace Prize 1979 (1910-1997), Quotations book 2006


The task of leadership is not to put greatness into humanity, but to elicit it, for the greatness is already there.

John Buchan – Scottish writer, publisher and politician, 1935-40 Governor General of Canada (1875-1940), from “Montrose and Leadership” (1930), Quotations book 2015


We are all in the gutter, but some of us are looking at the stars.

Oscar Wilde – Irish writer (1854-1900), from “Lady Windermere’s Fan: A Play About a Good Woman” (1892)

God’s work

God’s work done in God’s way will never lack God’s supply.

J. Hudson Taylor – called “Pioneer in the Forbidden Land”, English missionary in China (1832-1905)

Watchword 2009

What is possible with man is possible with God.

The Bible, Lucas 18:27 (NIV) – Zitateheft 2009

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.


Men make decisions, boys want it all.

English proverb – Quotations book 2020


Build a well while you are strong, not while you are thirsty.


Chinese proverb – Quotations book 2016

Stay with a problem

It’s not that I am smart, it’s just that I stay with problems longer.

Wisdom – often falsely attributed to Albert Einstein, Quotations book 2009


Success means being very patient, but aggressive when it’s time.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924), at Berkshire annual meeting (2004)

Why I believe in Christianity

Reality, in fact, is usually something you could not have guessed. That is one of the reasons I believe Christianity. It is a religion you could not have guessed, I should feel we were making it up. But, in fact, it is not the sort of thing anyone would have made up. It has just that queer twist about it that real things have.

C. S. Lewis – British writer (1898-1963), from “Mere Christianity” (1952)

Please God

To the person who pleases HIM, GOD gives wisdom, knowledge and happiness, but to the sinner HE gives the task of gathering and storing up wealth to hand it over to the one who pleases GOD.

The Bible, Ecclesiastes 2:26 (NIV)


What you’ve got to do in politics is be sure that what you say can be justified by principle, by argument, and to put it across. As I always say, never follow the crowd. Make up your own mind and get the crowd to follow you.

Dame Margaret Thatcher – British politician, 1979-90 Prime Minister (1925-2013), Quotations book 2021


Go forth and set the world on fire.

Ite, inflammate omnia.

Ignatius of Loyola – founder of the Jesuit order (1491-1556), who often ended his letters to Jesuits going to the missions with this Expression, Quotations book 2019

Ville eet

Fader i Himlene! Hvad er dog et Menneske uden Dig!
Hvor er Alt hvad han veed, var det end det Mangfoldiges Mængde, kun et afbrudt Stykke, hvis han ikke kjender Dig;
er al hans Stræben, var den end omfattende en Verden, kun et halvgjort Arbeide, hvis han ikke kjender Dig, Du den Ene, som er Eet og som er Alt!
Saa give Du i Forstanden Viisdom til at fatte det Ene, i Hjertet Oprigtighed til at annamme Forstaaelsen, i Villien Reenhed ved kun at ville Eet;
saa give Du i gode Dage Vedholdenhed til at ville Eet, i Adspredelser Samling til at ville Eet, i Lidelser Taalmod til at ville Eet.
O, Du som giver baade at begynde og at fuldkomme, Du give aarle, naar Dagen gryer, den Unge Beslutningen at ville Eet;
naar Dagen helder give Du Oldingen en fornyet Ihukommelse af sin første Beslutning, at det Sidste maatte være som det Første, det Første som det Sidste, være Dens Liv, der kun har villet Eet.

Father in heaven, what is man without you!
What is all that he knows, vast accumulation though it be, but a chipped fragment if he does not know you!
What is all his striving, could it even encompass a world, but a half-finished work if he does not know you: you the One, who is one thing and who is all!
So may you give to the intellect, wisdom to comprehend that one thing; to the heart, sincerity to receive this understanding; to the will, purity that wills only one thing.
In prosperity may you grant perseverance to will one thing; amid distractions, collectedness to will one thing; in suffering, patience to will one thing.
O you who give both the beginning and the completion, may you early, at the dawn of day, give to the young person the resolution to will one thing.
As the day wanes, may you give to the old person a renewed remembrance of their first resolution, that the first may be like the last, the last like the first, in possession of a life that has willed only one thing.

Søren Aabye Kierkegaard – Danish Protestant theologian an philosopher (1813-1855), known as one of the most important academics in Denmark, from “Purity of Heart Is to Will One Thing”, in “Edifying Discourses in Diverse Spirits” (1847), Quotations book 2017


Fix it, sell it or close it.

Jack Welch – born John Francis Welch jr., legendary American manager: General Electric (1935-2020), Fortune 1999: Manager of the Century, Quotations book 2021


A lot of people are afraid to say what they want. That’s why they don’t get what they want.

Madonna – born Madonna Louise Ciccone, American singer, actress, songwriter, dancer, author and director (b. 1958)

The right perspective

The pessimist complains about the wind.
The optimist expects it to change.
The realist adjusts the sails.

American proverb – Quotations book 2017

Whatever you do

Whatever you do, do wisely, and think of the consequences.

Quidquid agis, prudenter agas et respice finem!

from the”Gesta Romanorum” – late medieval collection of examples (14th Century)


Je ne dis les autres, sinon pour d’autant plus me dire.

I do not say so much of others, but to get a better opportunity to explain myself.

Michel de Montaigne – French writer and philosopher (1533-1592), from “De l’Institution des Enfans”, in the first book of his essays (1580)

Long-term investments

More fortunes are made by sitting on good securities for years at a time than by active trading.

Philip L. Carret – American investor, founder of Pioneer Fund (1896-1998), Quotations book 2005


Our record of persuading decent, intelligent people to stop doing dumb things is very poor. (Munger added, “Worse than poor.”) When people want to do something, they do it. When someone rises to be CEO, he doesn’t want to hear a shareholder telling him that his latest idea is dumb.

It’s better to be in a business with management you’re simpatico with than in a great business in which this isn’t the case.

We’ve learned more about human nature than understanding businesses in our long-term experience.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), at the general assembly 2001, Quotations book 2002


We must be willing to get rid of the life we’ve planned, so as to have the life that is waiting for us.

Joseph J. Campbell – American writer, Professor of Literature at Sarah Lawrence College (1904-1987), quoted by Diane K. Osbon in “Reflections on the Art of Living: A Joseph Campbell Companion” (New York: Harper Perennial, 1991. pg. 18.)


The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)

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


Do what you love.

attributed to Ted Koppel – born Edward James Koppel, American journalist (b. 1940)

Keep it simple

One of the greatest ways to avoid trouble is to keep it simple.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924), at the “Wesco Financial” Annual meeting (2008)


Opportunities are like sunrises.
If you wait too long, you miss them.

William Arthur Ward – American writer (1921-1994), Quotations book 2010


Ce qui importe ce n’est pas d’ajouter des années à la vie, mais d’ajouter de la vie aux années.

attribué à Alexis Carrel – chirurgien, anatomiste et biologiste français, prix Nobel de physiologie ou médecine 1912 (1873-1944)

Trust instead of diversification

As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence… One’s knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.

John Maynard Keynes – British economist and investor (1883-1946), in a letter to Francis Scott, Chairman of Provincial Insurance on August 15th, 1934, Quotations book 2012

As Keynes’ assets were only £ 7,815 at the end of 1929, they reached their height with £ 506,522 in 1936. In the subsequent stock market crisis the assets collapsed to about £ 200,000. At the end of 1945 his assets were £ 411,238, which converted to current conditions would approximate € 22 million.


Ask for the ancient paths, ask where the good way is, and walk in it, and you will find rest for your souls.

The Bible, Jeremiah 6,16 (NIV) – Quotations book 2010


The greatest glory of living lies not in never falling but in rising every time you fall.

Nelson Mandela – South African anti apartheid activist and politician, 1994-99 president, Nobel Peace Prize 1993 (1918-2013), at a visit by Amercian president Bill Clinton on September 22nd, 1998, Quotations book 2012

Take time

Take time to work – thisis the condition for success!
Take time to think – it is the source of power!
Take time to read – it is the foundation of wisdom!
Take time to play – it is the secret of staying young!
Take time to be friendly – it is the road to happiness!
Take time to dream – it is the way to the stars!
Take time to be happy – it is the music of the soul!
Take time to love – it is the real wealth of life!

from an Irish original – Quotations book 2003

Give God the credit

A lot of people are willing to give God the credit, but not too many are willing to give him the cash.


Innovative Interaction

For good ideas and true innovation, you need human interaction, conflict, argument, debate.

Margaret Heffernan – American entrepreneur, author and speaker (b. 1955)


I have lerned silence from the talkative, toleration from the intolerant, and kindness from the unkind; yet, strange, I am ungrateful to those teachers.

Khalil Gibran – Lebanese poet, philosopher and artist, aka Kahlil Gibran (1883-1931), from “Sand and Foam” (1926)

Fear of God

The fear of God is a fountain of life, turning a man from the snares of death.

The Bible, Proverbs 14:27 (NIV) – Quotations book 2010


Tell me, and I will hear;
show me, and I will remember;
involve me, and I will care.

Wisdom – Quotations book 2013

Good speech

The key to a good speech is to have a brillant beginning, a brillant ending and keep them as close as possible.

Sir Peter Ustinov – English actor and writer (1921-2004), Quotations book 2016

Strive for the higher

As long as we entertain only good options, we will never experience God’s best.

Dr. Ed Silvoso – Argentinian author, documentarian and evangelist (b. 1945), from “That None Should Perish: How to Reach Entire Cities for Christ Through Prayer Evangelism” (1994)

Kind words

Kind words do not cost much, yet they accomplish much.

attributed to Blaise Pascal – French mathematician and philosopher (1623-1662)

Taxes and civilization

Taxes are the price that we pay for a civilized society.

Oliver Wendell Holmes jr. – American Supreme Court justice (1841-1935), Quotations book 2006


Luck is a dividend of sweat. The more you sweat, the luckier you get.

Raymond Albert “Ray” Kroc – American company founder, who was brave enough to switch from a milk shake-machine-agent to a fast food-entreprenaur at the age of 52: McDonald’s Corp. (1902-1984), quoted by Penny Moser in “The McDonald’s Mystique” (Fortune, 4.7.1988), Quotations book 2019


Be the person you always wanted to be!

Motivation – Quotations book 2002


He has achieved success who has lived well, laughed often and loved much;
who has enjoyed the trust of pure women, the respect of intelligent men and the love of little children;
who has filled his niche and accomplished his task;
who has left the world better than he found it, whether by an improved poppy, a perfect poem, or a rescued soul;
who has never lacked appreciation of earth’s beauty nor failed to express it;
who has always looked for the best in others and given them the best he had;
whose life was an inspiration;
whose memory is a benediction..

Bessie Anderson Stanley – American author (1879-1952), written 1904


He that has satisfied his thirst turns his back on the well.

Baltasar Gracián y Morales – Spanish philosopher and author (1601-1658)

De l’amour

L’amour est la seule passion qui se paie d’une monnaie qu’elle se fabrique elle-même.

Stendahl –  né Henri Beyle, écrivain français (1783-1842), de “De l´amour” (1822), Brochure de citation 2013


You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924)

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

Do it

It always seems impossible until it´s done.

attributed to Nelson Mandela – South African anti apartheid activist and politician, 1994-99 president, Nobel Peace Prize 1993 (1918-2013), could not be verified by the Nelson Mandela Foundation, Quotations book 2012


When you are born with wings, you should do anything you can and use them to fly.

attributed to Florence Nightingale- English nurse, founder of modern nursing (1820-1910), Quotations book 2016

New paths

It would be absurd and self-contradictory to expect to achieve things, which have never yet been done can be done, other than through means that have never yet been tried.

Insanum quiddam esset, et in se contrarium, existimare ea, quae adhuc nunquam facta sunt, fieri posse, nisi per modos adhuc nunquam tentatos.

Sir Francis Bacon – English philosopher, politician and writer (1561-1626), from “New organon, or true directions concerning the interpretation of nature”, aphorism VI. (“Novum Organum, sive indicia vera de Interpretatione Naturae”, 1620)


Do good to all, but leave everyone with his own responsibility.

Pope John XXIII – Born Angelo Guiseppe Roncalli, 1958-63 Holy Father, also called “Council pope” or because of his humility and populism “il Papa buono” – “the good Pope” (1881-1963), from a letter to his brother Severo (1949), Quotations book 2015

Measure of success

The measure of success is not whether you have a tough problem to deal with, but whether it’s the same problem you had last year.

attributed to John Foster Dulles – American politician, 1953-59 Secretary of State (1888-1959)

Minimum turnover

The produce of a field stands related to the amount of that mineral ingredient which its soil contains in smallest quantity.

Mineral Theory by Prof. Dr. Justus Freiherr von Liebig – German chemist and agricultural scientist (1803-1873), from “Principles of Agricultural Chemistry: With Special Reference to the Late Researches Made in England” (1855)


Do not seek to follow in the footsteps of the wise men of old; seek what they sought.

Matsuo Basho – Japanese poet (1644-1694)

On giants’ shoulders

If I have seen further it is by standing on ye shoulders of giants.

Sir Isaac Newton – English mathematician, physicist and astronomer (1643-1727), from a letter to Robert Hooke (5.2.1676)


Celui qui veut lire l’avenir doit feuilleter le passé.

attribué à André Malraux – écrivain et homme politique français (1901-1976)


The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

Ludwig von Mises – Austrian economist (1881-1973), from “Economic Policy; Thoughts for Today and Tomorrow” (1979)

Hope and faith

Hope is the ability to hear the music of the future. Faith is the courage to dance to it in the present.

Prof. Dr. sc. Dr. h. c. Peter Kuzmič – Slovenian-born Croatian theologian and scholar (b. 1946), in a twitter message from June 3rd, 2015, Quotations book 2021


Love is a better teacher than duty.

Albert Einstein – German pysicist, Nobel Prize in physics 1921 (1879-1955)


Nous réussissons aux entreprises qui exigent les qualités positives que nous possédons, mais nous excellons dans celles qui peuvent également se servir de nos défauts.

We succeed in enterprises which demand the positive qualities we possess, but we excel in those which can also make use of our defects.

attribuée à Alexis de Tocqueville zugeschrieben – philosophe politique et homme politique, historien français (1805-1859), Brochure de citation 2015


Someone once told me that time was a predator that stalked us all our lives. But I rather believe that time is a companion who goes with us on the journey and reminds us to cherish every moment because they’ll never come again. What we leave behind is not as important as how we’ve lived. After all – we’re only mortal.

Captain Jean-Luc Picard – captain of the USS-Enterprise, character in the “Star Trek” films and serial, from “Star Trek Generations” (1994)

Giving back

A hundred times every day I remind myself that my inner and outer life depend on the labors of other men, living and dead, and that I must exert myself in order to give in the same measure as I have received and am still receiving.

Albert Einstein – German physicist, Nobel prize in Physics 1921 (1879-1955), from his essay “The Worls As I See It”, published in “Forum and Century” N° 84 (1931)

Achieving collaboratively

Firms come into being in order to enable human beings to achieve collaboratively what they could not achieve alone.

Prof. Morten T. Hansen/Prof. Nitin Nohria – Professor at University of California (b. 196?)/Deacan at Harvard Business School (b. 1962), from “How to Build Collaborative Advantage” (MIT Sloan Management Review, 2004)

Smart leader

If you are a leader and you are the smartest guy in the room, you have got real problems.

Jack Welch – born John Francis Welch jr., legendary American manager: General Electric (1935-2020), Fortune 1999: Manager of the Century


What would life be if we didn’t dare to take things in hand?

Vincent van Gogh – Dutch painter (1853-1890), in a letter to his brother Theo (December 29th, 1881), Quotations book 2021

Wat zou het leven zijn als we niet wat durfden aanpakken?

Vincent van Gogh – Nederlands kunstschilder (1853-1890), in een brief aan zijn broer Theo (29 december 1881), Offerteboekje 2021


Never delegate understanding.

Eames Demetrios – American artist and photographer (b. 1962), from “An Eames Primer” (2001), a book about his grandparents, the designer couple Charles and Ray Eames, Quotations book 2019

Give the best

Give to the world the best you have, and the best will come back to you.

Madeline Bridges – born Mary Ainge de Vere, American poet (1844-1920)

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

Product perception

In the factory we make cosmetics; in the store we sell hope.

Charles Haskell Revson – American entrepreneur, founder of Revlon (1906-1975), Quotations book 2014

Big jobs

Big jobs generally go to men who prove their ability to outgrow smaller jobs.

American proverb


I won’t have any money to leave behind. I won’t have the fine and luxurious things of life to leave behind. But I just want to leave a committed life behind…
If I can help somebody as I pass along,
if I can cheer somebody with a word or song,
if I can show somebody he’s travelling wrong,
then my life will not be in vain.

If I can do my duty as a Christian ought,
if I can bring salvation to a world once wrought,
if I can spread the message as the master taught,
then my life will not be in vain.

Martin Luther King jr. – American civil rights activist and pastor, Nobel Peace Prize 1964  (1929-1968), from his sermon “The Drum Major Instinct” from Februaty 4th, 1968, Quotations book 2012

Act and think

Act like a man of thought and think like a man of action.

Henri Bergson – French philosopher, Nobel Prize in literature 1927 (1859-1941), from his speech at the Descartes Conference in Paris (1937)

Il faut agir en homme de pensée et penser en homme d’action.

Henri Bergson – philosophe français, prix Nobel de littérature 1927 (1859-1941), de son discours à la Conférence Descartes à Paris (1937)

The better happens

If what we want does not happen, it will still happen what is better.

Si non fiet, quod volumus, fiet tamen, quod melius est.

Martin Luther – German reformer (1483-1546), from his letter to Philipp Melanchthon from the Coburg (12.11.1529), Quotations book 2019


Formal education will make you a living. Self-education will make you a fortune.

attributed to Jim Rohn – American entrepreneur, author and motivational trainer (1930-2009)


When I look back on my life nowadays, which I sometimes do, what strikes me most forcibly about it is that what seemed at the time most significant and seductive, seems now most futile and absurd. For instance, success in all of its various guises, being known and being praised, ostensible pleasures, like acquiring money … going to and fro in the world and up and down it like Satan. … In retrospect all these exercises in self-gratification seem pure fantasy, what Pascal called “licking the earth.” They are diversions designed to distract our attention from the true purpose of our existence in this world, which is, quite simply, to look for God, and, in looking, to find him, and having found him, to love him, thereby establishing a harmonious relationship with his purposes for his creation..

Malcolm Muggeridge – English writer (1903-1990)


A mighty flame evolves from a tiny spark.

Dante Alighieri – Italian writer (1265-1321)


It’s not that I’m so smart; it’s just that I stay with problems longer.

attributed to Albert Einstein – German physicist, Nobel prize in physics 1921 (1879-1955)


Quomodo fabula, sic vita: non quam diu, sed quam bene acta sit, refert.

Lucius Annaeus Seneca – Roman philosopher (4 B.C.-65 A.C.), from “Epistulae morales ad Lucilium”, letter 77 (June 64)


Predicting rain doesn’t count. Building arks does.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (2001), Quotations book 2018

A question of attitude

You don’t want to be in business with people who need a contract to be motivated to perform.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from “Warren Buffett’s Management Secrets” (2009), Quotations book 2012


The more integrity we have and keep, the simpler and nobler that destiny is likely to be.

Glosse, gloss on views of George Santayana – born Jorge Agustín Nicolás Ruiz de Santayana y Borrás, Spanish-born American philosopher (1863-1952), could not be verified by experts at the Santayana Edition


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

Amish proverb – Quotations book 2008


Le bonheur est de connaître ses limites et de les aimer.

Romain Rolland – écrivain et pacifiste français, prix Nobel de littérature 1915 (1866-1944), de “Jean-Christophe: La Nouvelle Journée” (1912)


You don’t have to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.

Michael S. Dell – American investor and company founder (b. 1965), quoted in “The Entrepreneur” (October 13th, 2012), Quotations book 2020

Authentic leadership

When you teach you cannot cheat.



The leader is the servant who removes the obstacles that prevent people from doing their jobs.

Business wisdom


Synergy: A term widely used in business to explain an acquisition that otherwise makes no sense.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1985)

Good theories

I like good theories. They work better.

often falsely attributed to Albert Einstein


Do it with passion, or not at all.

wisdom, attributed to Rosa Nouchette Carey – English children’s writer (1840-1909)

Front page test

When you get out of bed in the morning and think about what you want to do that day, ask yourself whether you’d like others to read about it on the front page of tomorrow’s newspaper.
You’ll probably do things a little differently if you keep that in mind.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2015

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


An expert is a man who has made all the mistakes which can be made in a very narrow field.

Niels Bohr – Danish physician, Nobel Prize in physics 1922 (1885-1962), in a conversation with the German physicists and Nobel Prize laureates of 1932 and 1945, Werner Heisenberg (1901-1976) and Wolfgang Pauli (1900-1958), at the edge of a physics session in Copenhagen (1952)

En ekspert er en person, som har begået alle de fejl, som det er muligt at begå inden for et begrænset område.

Niels Bohr – danske fysiker, Nobelprisen i fysik 1922 (1885-1962), i et interview med den tyske fysikere og nobelpristagere fra 1932 og 1945, Werner Heisenberg (1901-1976) og Wolfgang Pauli (1900-1958) på randen af fysikere mødes i København (1952)

Success makes jealous

The number of those who envy us confirms our capabilities.

paraphrase of Oscar Wilde – Irsih writer (1854-1900)


Celui qui se juge trop important pour de petits travaux est souvent trop petit pour les travaux importants.

attribué à Jacques Tati – né Jacques Tatischeff, réalisateur et acteur français (1907-1982)


It isn’t what you have or who you are or where you are or what you are doing that makes you happy or unhappy. It is what you think about it.

Dale Carnegie – born Dale Carnagey, American author and personality coach (1888-1955), from “How to Win Friends and Influence People” (1936), Quotations book 2019

Time to sell

When good news about the market hits the front page of the New York Times, sell.

Bernard M. Baruch – American financier, adviser to several American presidents (1870-1965), Quotations book 2015


Art does not reproduce the visible; rather, it makes visible.

Paul Klee – German painter (1879-1940), in “Creative Credo” (1920)


Values are like fingerprints. Nobody’s are the same, but you leave ’em all over everything you do.

Elvis Presley – American singer (1935-1977), Quotations book 2004

Attraction of money

Money has an attraction for some people, but nobody can wear two pairs of shoes at one time.

Charles Feeney – Irish-American businessman, co-founded the DFS Duty Free Shops chain and General Atlantic Partners (b. 1931), Quotations book 2010

Cut-throat competition

It is hard to make money where others are prepared to loose it.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)


If you’re going to buy the best bargains, you have to buy the things that people are selling.

Sir John Marks Templeton – value investor and philanthropist (1912-2008), Quotations book 2014

Zip it

Don’t open your mouth at your first board meeting.

Brian Joffe – South African company founder: Bidvest Group (b. 1947)


Whatever you write:
Write short – and they will read it.
Write clearly – and they will understand it.
Write graphically – and they will keep it in mind.

Joseph Pulitzer – American publisher and benefactor (1847-1911), Quotations book 2003

Bon livre

A good book is a good friend.

Jacques-Henri Bernardin de Saint-Pierre – French writer (1737-1814), from “Paul and Virginie” (1788), Quotations book 2018

Un bon livre est un bon ami.

Jacques-Henri Bernardin de Saint-Pierre – écrivain français (1737-1814), de “Paul et Virginie” (1788), Brochure de citation 2018


I never learned anything while I was talking.

Larry King – born Lawrence Harvey Zeiger, American journalist (1933-2021), Quotations book 2007


A candle loses nothing by lighting another candle.

Proverb – Quotations book 2010


It’s OK to have wealth. But keep it in your hands, not in your heart.


God’s gift

What you are is God’s gift to you.
What you make of yourself is your gift to God.



To give away money is an easy matter, and in any man’s power. But to decide to whom to give it, and how large and when, and for what purpose and how, is neither in every man’s power, nor an easy matter. Hence it is that such excellence is rare, praiseworthy, and noble.

Aristotle – Greek philosopher (384-322 B.C.), in “Nicomachean ethics” (350 B.C.), Quotations book 2011


Helgon äro de människor, som göra det lättare för andra att tro på Gud.

A saint is one who makes it easier for others to believe in God.

Nathan Söderblom – Swedish Lutheran theologian, 1914-31 Archbishop of Uppsala, Nobel Peace Prize 1930 (1866-1931), in “Den levande Guden: grundformer av personlig religion” (“The Living God”, 1932), Quotations book 2016


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


Action speaks louder than words.

Proverb – Quotations book 2006


Quantum potes, tantum audes.

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

Greediness and idolatry

If anyone does not refrain from the love of money, he will be defiled by idolatry and so be judged as if he were one of the heathen.

Polycarp of Smyrna -early Christian theologian, Bishop of Smyrna, one of the Apostolic Fathers(ca.69/70 – ca. 155/156), in his letter to the Philippians

Commandments of nonviolence

1. Meditate daily on the teachings and life of Jesus.
2. Remember always that the nonviolent movement … seeks justice and reconciliation — not victory.
3. Walk and talk in the manner of love, for God is love.
4. Pray daily to be used by God in order that all men might be free.
5. Sacrifice personal wishes in order that all men might be free.
6. Observe with both friend and foe the ordinary rules of courtesy.
7. Seek to perform regular service for others and for the world.
8. Refrain from the violence of fist, tongue, or heart.
9. Strive to be in good spiritual and bodily health.

Dr. Martin Luther King Jr. – American civil rights activist and pastor, Nobel Peace Prize 1964 (1929-1968), from a commitment card signed by volunteers at the Birmingham Protests (1963), Quotations book 2019

Prayer for Generosity

Lord, teach me to be generous.
Teach me to serve as you deserve;
To give and not count the cost;
To fight and not to heed the wounds;
To toil and not to ask for rest;
To labor and not ask for reward;
Save that of knowing I am doing your will.

Ignatius of Loyola – founder of the Jesuit order (1491-1556), Quotations book 2006

Income statement

A firm’s income statement may be likened to a bikini – what it reveals is interesting, but what it conceals is vital.

Burton G. Malkiel – American economist, professor for economy at Princeton University (b. 1932), Quotations book 2005


In the beginning God created the heavens and the earth. Now the earth was formless and empty, darkness was over the surface of the deep, and the Spirit of God was hovering over the waters. And God said, “Let there be light”, and there was light. God saw the light was good, and he separated the light from the darkness.

The Bible, Genesis 1-4 (NIV) – Quotations book 2005

Road to success

The road to success is always under construction.



One can sell anything, if it is in fashion. The problem is making it fashionable in the first place.

Ernest Dichter – American social scientist, pioneer of market psychology (1907-1991), Quotations book 2012


Success is making those who believed in you look brilliant.

Dharmesh Shah – Indian software engineer and entrepreneur, founder and CTO HubSpot, Inc. (b. 1967), Quotations book 2021

Wonderful company

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2006


GOD, give us men! A time like this demands
strong minds, great hearts, true faith and ready hands;
men whom the lust of office does not kill;
men whom the spoils of office can not buy;
men who possess opinions and a will;
men who have honor; men who will not lie;
men who can stand before a demagogue
and damn his treacherous flatteries without winking!
Tall men, sun-crowned, who live above the fog
in public duty, and in private thinking:
for while the rabble, with their thumb-worn creeds,
their large professions and their little deeds,
mingle in selfish strife, lo! Freedom weeps,
wrong rules the land and waiting justice sleeps.

Josiah Gilbert Holland – American physician and novelist (1819-1881), written in 1872, Quotations book 2017

Secret of success

The secret of success is to do the common things uncommonly well.

attributed to John D. Rockefeller Jr. – American philanthropist (1874-1960)


Forming fortune is like a big tree giving shade.

Norman Rentrop – German publisher (b. 1957)

Stock market success

To make money in stocks you must have the vision to see them. The courage to buy them and the patience to hold them.

George Fisher Baker – American financier and philanthropist (1840-1931), quoted by Thomas Phelps (American stocks analyst, 1902-1992) in “100 to 1 in the Stock Market” (1972), Quotations book 2015


A man is rich in proportion to the number of things which he can afford to let alone.

Henry David Thoreau – American writer and philosopher (1817-1862), from “Walden” (1854), Quotations book 2015

To live means to fight

Vivere militare est..

Lucius Annaeus Seneca – Roman philosopher (4 BC-65 AC)

Attitude toward money

If a person gets his attitude toward money straight, it will help straighten out almost every other area in his life.

attributed to Billy Graham – born William Franklin Graham jr., American evangelist (1918-2018), Quotations book 2010

Doing well

Thinking well is wise; planning well, wiser;
doing well wisest and best of all.

Persian proverb – Quotations book 2017

Expensive Social Assistance State

By intervening directly and depriving society of its responsibility, the Social Assistance State leads to a loss of human energies and an inordinate increase of public agencies, which are dominated more by bureaucratic ways of thinking than by concern for serving their clients, and which are accompanied by an enormous increase in spending.

Pope John Paul II – born Karol Wojtyła, Holy Father 1978-2005 (1920-2005), from “Centesimus Annus” (1991), Quotations book 2006


We are the makers of our own destiny. We can mend or mar the present and on that will depend the future.

Mahatma Gandhi – Indian politician (1869-1948), from an interview with the Chinese ambassador in India, Dr. Lo Chia Luen (1947)


Your brand is what other people say about you when you’re not in the room!

Jeffrey P. “Jeff” Bezos – American company founder: Amazon (b. 1964), in a talk from TEDGlobal 2012 University (May 2012), Quotations book 2021

John Wooden’s “Seven Point Creed”

1. Be true to yourself.
2. Make each day your masterpiece.
3. Help others.
4. Drink deeply from good books, especially the Bible.
5. Make friendship a fine art.
6. Build a shelter against a rainy day.
7. Pray for guidance and give thanks for your blessings every day.

John Hugh Wooden – American farmer (1882-1950), father of the legendary basketball player and coach John Wooden (1910-2010), whom he gave these lines upon graduation from grammar school, which Wooden kept in his wallet a life Long, Quotations book 2017


If you tell the truth, you don’t have to remember your lies.

Warren Buffett – American value investor, chairman of Berkshire Heathaway (b. 1930), Quotations book 2007

Bend history

Few will have the greatness to bend history, but each of us can work to change a small portion of the events, and then the total — all of these acts — will be written in the history of this generation.

Robert Francis “Bobby” Kennedy – American jurist and senator (1925-1968), from the “Day of Affirmation speech” at the Cape Town university, South Africa in June 1966

Valor da libertade

Educate your children, educate yourself, in the love for the freedom of others, for only in this way will your own freedom not be a gratuitous gift from fate. You will be aware of its worth and will have the courage to defend it.

Joaquim Aurélio Barreto Nabuco de Araújo – Brazilian politician, historian and journalist, co founder of the Academia Brasileira de Letras (1849-1910), from “Abolitionism: The Brazilian Antislavery Struggle” (1883), Quotations book 2019

Eduquem os seus filhos, eduquem-se a si mesmos, no amor da liberdade alheia, único meio de não ser a sua própria liberdade uma doação gratuita do Destino, e de adquirirem a consciência do que ela vale, e coragem para defendê-la.

Joaquim Aurélio Barreto Nabuco de Araújo – político, historiador e jornalista brasileiro, co-fundador da Academia Brasileira de Letras (1849-1910), de “O Abolicionismo” (1883), Livro de cotações 2019

Using resources more fruitfully

The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.

based on Jean-Baptiste Say – French economist and businessman (1767-1832), quoted by Peter F. Drucker (Austrian-born American management thinker, 1909-2005) in “Innovation and Entrepreneurship: Practice and Principles” (1985)

Quoting better

It’s a MUCH more effective quotation to attribute it to Aristotle, rather than to Will Durant.

Frank F. Herron – American lecturer for communication sciences (b. 1952)

[Aristotle: Greek philosopher (384-322 B.C.); Will Durant: American philosopher and priest (1885-1981)]

People are possibilities

Love sees people – not as problems, better as possibilities.

Dr. Robert H. Schuller – Americanisch evangelist and reformed priest (1926-2015)


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

Get further

You can’t get very far until you start doing something for somebody else.

Melvin Jones – American business leader, founder of Lions Club International (1879-1961), Quotations book 2017


To improve is to change, so to be perfect is to have changed often.

Sir Winston L. Churchill – British politician, 1940-45 and 1951-55 Prime Minister, Nobel Prize in literature 1953 (1874-1965), in a congress speech fom january 17th, 1952, Quotations book 2013


Success is not measured by what we are, but by what we are compared to what we could be. It is not measured by what we have done, but by what we have done compared to what we could have done.

William B. “Bill” Gothard – American author and speaker, founded the Christian “Institute in Basic Life Principles” (b. 1934), Quotations book 2012

Do it right

Do it right the first time!

Management’s wisdom

Yes and No

The oldest, shortest words, “yes” and “no”, are those which require the most thoughts.

attributed to Pythagoras of Samos – Greek philosopher and mathematician (c. 570-501 B.C.), Quotations book 2017

Everything starts small

The beginnings of all things are small.

Omnium enim rerum principia parva sunt.

Marcus Tullius Cicero – Roman politician (106-43 B.C.), from “On the ends of good and evil”, book V, chapter XXI (“De finibus bonorum et malorum”, 45 B.C.), Quotations book 2021


Every time we’ve moved ahead in IBM, it was because someone was willing to take a chance, put his head on the block, and try something new.

Thomas John Watson, Jr. – American manager, 1952-71 president of IBM (1914-1993), Quotations book 2009


Nothing great is done without great men, an they are great because they are determined to be so.

Charles de Gaulle – French politician, 1959-69 president of the Fifth Republic (1890-1970), from “The Army of the future” (“Vers l’armée de métier”, 1934), Quotations book 2011

Mutual Funds

There was only one place to make money in the mutual fund business – as there is only one place for a temperate man to be in a saloon, behind the bar and not in front of it… so I invested in a management company.

Paul A. Samuelson – American economist, Nobel-Memorial Prize in economic sciences 1970 (1915-2009), Quotations book 2007


You need to fill your mind with various competing thoughts and decide which make sense.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), at the BRK Annual Meeting (May 2007)

Keep at it

I have not failed 10,000 times; I’ve successfully found 10,000 ways that will not work.

Thomas Alva Edison – American inventor (1847-1931), Quotations book 2011

Seeking the truth

In seeking truth you have to get both sides of a story.

Walter Cronkite – American journalist (1916-2009)

Du Good

Do all the good you can,
by all the means you can, in all the ways you can,
in all the places you can,
to all the people you can, as long as ever you can.

attributed to John Wesley – English preacher (1703-1791), known as “John Wesley’s Rule”

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


When I despair, I remember that all through history the way of truth and love has always won. There have been tyrants and murderers and for a time they seem invincible but in the end, they always fall — Think of it, ALWAYS!

Mahatma Gandhi – Indian politician (1869-1948)


Multitasking makes you stupid. Doing more than one thing at a time makes you slower and worse at both tasks. Don’t do it. If you think this doesn’t apply to you, you’re wrong – it does.

Dr. Jeff Sutherland – American software engineer and entrepreneur, inventor of the Scrum software development process (b. 1941), in “Scrum: A revolutionary approach to building teams, beating deadlines and boosting productivity” (2014), Quotations book 2017


By wisdom a house is built; by understanding it is established. By knowledge rooms are filled with all precious and pleasant wealth.

The Bible, Proverbs 24:3-4 (CEB) – Quotations book 2014


If you can’t feed 100 people, then feed just one.

Wisdom, often attributed to Mother Teresa – born Agnes Gonxha Bojaxhiu, Albanian-born Indian nun and order’s founder, Nobel Peace Prize (1910-1997), could not be verified by the Mother Teresa Center, Quotations book 2013


Treat conflicts always as a clash of ideas, not of people.

Prof. Robert Kegan – American developmental psychologist and author (b. 1946), Quotations book 2016

Limits of wishful thinking

Wishful thinking can dominate much of the work of a profession for a decade, but not indefinitely.

Prof. Robert J. Shiller – American economist, Nobel Memorial Prize in economic sciences 2013 (b. 1946), in “From Efficient Market Theory to Behavioral Finance” (2002)

Overnight success

Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.

Christopher Isaac “Biz” Stone – American entrepreneur, co-founder of “Twitter” (b.1974), Quotations book 2021


What counts in life is not the mere fact that we have lived. It is what difference we have made to the lives of others that will determine the significance of the life we lead.

Nelson Mandela – South African anti-apartheid activist and politician, 1994-99 president, Nobel Peace Prize (1918-2013), from his speech on the 90th birthday of Walter Sisulu (South African anti-apartheid activist and politician, 1912-2003, May 18th, 2002), Quotations book 2021


Under pressure, you don’t rise to the occasion, you sink to the level of your training.

Navy seal wisdom – Quotations book 2019

Doing jobs

The best job goes to the person who can get it done without passing the buck or coming back with excuses.

Napoleon Hill – American writer: “Think And Grow Rich” (1883-1970)

Sound investing

(Benjamin Graham) wasn’t about brilliant investments and he wasn’t about fads or fashion. He was about sound investing and I think sound investing can make you very wealthy if you’re not in too big of a hurry. And it never makes you poor, which is better.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)


It’s hardest to see what’s wrong about what seems normal.

Jane S. Fonda – American actress and writer (b. 1937), in “My Life So Far”, act two, chapter 1 “1968” (2010)

Get ahead

Step by step you get ahead but not necessarily in fast spurts.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924)


All you have shall some day be given; therefore give now, that the season of giving may be yours and not your inheritors.

Khalil Gibran – Lebanese Maronite poet, philosopher and artist, aka Kahlil Gibran (1883-1931), Quotations book 2009

Leaving trails

I will not follow where the path may lead, but I will go where there is no path, and I will leave a trail.

Muriel Strode – American poet (1875-1964), from “My Little Book of Prayer” (1904)


The first thing is character. Before money or anything else. Money cannot buy it. … A man I do not trust could not get money from me on all the bonds in Christendom. I think that is the fundamental basis of business.

John Pierpont Morgan – American banker (1837-1913), from a statement before a Congressional committee (1912),  Quotations book 2006


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

Doing good

One has to do good in order for it to exist in the world.

Marie von Ebner-Eschenbach – Austrian writer (1830-1916), from her “Aphorisms”, published in “Gesammelte Schriften”, book 1 (1893)

See the reward

Everyone can tell you the risk. An entrepreneur can see the reward.

Robert T. Kiyosaki – American businessman and author (b. 1947), in a facebook message (January 15th, 2013), Quotations book 2021

God’s language

God whispers to us in our pleasures, speaks in our conscience, but shouts in our pains: it is His megaphone to rouse a deaf world..

C. S. Lewis – British writer (1898-1963), from “The Problem of Pain” (1940)

Bonum vero commune

Bonum vero commune summam complectitur earum vitae socialis condicionum, quibus homines, familiae et consociationes, suam ipsorum perfectionem plenius atque expeditius consequi possint.

Indeed, the common good embraces the sum of those conditions of the social life whereby men, families and associations more adequately and readily may attain their own perfection.

Second Vatican Council – from the Pastoral Constitution “Gaudium et Spes – On the Church in the modern World” promulgated by His Holiness, pope Paul VI (Chapter IV, 74, December 7th, 1965)


Счастье не в том, чтобы делать всегда, что хочешь, а в том, чтобы всегда хотеть того, что делаешь.

Лев Николаевич Толстой – русский писатель (1828-1910), котировки выпуска 2018

Use time

We must use time as a tool, not as a couch.

John F. Kennedy – American politician, 1961-63 35th president (1917-1963), in his speech at the National Association of Manufacturers in New York (December 6th, 1961), Quotations book 2019


A business that makes nothing but money is a poor kind of business.

Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2005


A goal properly set is halfway reached.

Zig Ziglar – American author, motivational speaker and entrepreneur (1926-2012)

Faith in God

Being confident of this, that he who began a good work in you will carry it on to completion until the day of Christ Jesus.

The Bible, Philippians 1:6 (NIV)


A smooth sea never made a skilled mariner.



Success breeds complacency and arrogance.


Long-term investments

Referring to 1913: Even in these earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.

Philip A. Fisher – American Growth-Investor and Mentor for Warren Buffett (1907-2004), Quotations book 2005


Don’t complain about thorns among the roses, but look for the roses among the thorns.

Proverb – Quotations book 2014

Decision to invest

The decision to invest in one place rather than another, in one productive sector rather than another, is always a moral and cultural choice.

Pope John Paul II – born Karol Wojtyła, Holy Father 1978-2005 (1920-2005), from “Centesimus Annus” (1991), Quotations book 2003


Action without vision is only passing time, vision without action is merely day dreaming, but vision with action can change the world.


Crisis as chance

I have always believed that the only way to cope with a cash crisis is not to contract but to try to expand out of it.

Sir Richard Branson – British company founder (Virgin) and adventurer (b. 1950), from “Losing My Virginity: How I’ve Survived, Had Fun, and Made a Fortune Doing Business My Way” (1998)

One Solitary Life

He was born in an obscure village, the child of a peasant woman. He grew up in still another village, where he worked in a carpenter shop until he was thirty. Then for three years he was an itinerant preacher. He never wrote a book. He never held an office. He never had a family or owned a house. He didn’t go to college. He never visited a big city. He never travelled two hundred miles from the place where he was born. He did none of the things one usually associates with greatness. He had no credentials but himself.

He was only thirty-three when the tide of public opinion turned against him. His friends ran away. He was turned over to the enemies and went through the mockery of a trial. He was nailed on a cross between two thieves. While he was dying, his executioners gambled for his clothing, the only property he had on earth. When he was dead, he was laid in a borrowed grave through the pity of a friend.

Nineteen centuries have come and gone, and today he is the central figure of the human race and the leader of mankind’s progress. All the armies that ever marched, all the navies that ever sailed, all the parliaments that ever sat, all the kings that ever reigned, put together, have not affected the life of man on this earth as much as that One Solitary Life.

following Dr. James Allan Francis – American Pastor and author (1864-1928), Quotations book 2006


Give a man a fish and you feed him for a day. Teach him how to arbitrage and you feed him forever.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)


Always forgive your enemies; nothing annoys them so much.

often attributed to Oscar Wilde – Irish writer (1854-1900), couls not be verified in his writings, Quotations book 2012


The older the fiddler, the sweeter the tune.

English proverb – Quotations book 2010


Ideas attract even more ideas!

Dr. René Siegl – Austrian manager (b. 1959), Quotations book 2017


We judge ourselves by what we feel capable of doing, while others judge us by what we have already done.

Henry Wadsworth Longfellow – American poet (1807-1882), from “Kavanagh” (1849), Quotations book 2019


You know your life is boring when you only wear work clothes and pyjamas.

Jan-David Golze – German business development expert,


A fool often fails because he thinks what is difficult is easy, a wise man because he thinks what is easy is difficult.

John Churton Collins – British writer (1848-1908), Quotations book 2007


I am generous with my money and stingy with my time.

Nandan Nilekani – Indian entrepreneur, CEO at Infosys (b. 1955), Quotations book 2007


Be innovative.
Listen to your customers.
Always extend your knowledge.

Johann Vaillant – German entrepreneur, founder of the Vaillant family enterprise (1851-1920), Quotations book 2017


An act of goodness is of itself an act of happiness.

No reward coming after the event can compare with the sweet reward that went with it.

Maurice Maeterlinck – Belgian writer, Nobel Prize in literature 1911 (1862-1949), Quotations book 2004

Actions speak louder than words

As I grow older, I pay less attention to what men say. I just watch what they do.

attributed to Andrew Carnegie – Scottish-born American steel industrialist (1835-1919), could not be verified by the Carnegie Collection without any doubts, Quotations book 2014


A people that values its privileges above its principles soon loses both.

Dwight David Eisenhower – American general and politician, 1953-61 34th president (1890-1969), Quotations book 2005


But at the heart of his personality was the boldness of his ideas.
Zalman didn’t do little things. Zalman was here to change the world.

Roger Hertog – American businessman, financier, and philanthropist, co-founder of Sanford C. Bernstein & Company (b. 1941), in his obituary on Zalman Chaim Bernstein (born Sanford Bernstein, American businessman and philanthropist, co-founder of Sanford C. Bernstein & Company, 1926-1999)


The best index to a persons character is (a) how he treats people who can’t do him any good, and (b) how he treats people who can’t fight back.

Abigail van Buren – born Pauline Esther Friedman, American advice columnist (1918-2013), Quotations book 2003

Being wrong

Being wrong is acceptable, but staying wrong is totally unacceptable.



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

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


La reconnaissance est la mémoire du cœur.

Jean Massieu – pionnier français de l’éducation des sourds (1772-1846)

Gratitude is the memory of the heart.

Jean Massieu – French pioneer in deaf educating (1772-1846)


An optimist always finds a way – A pessimist always finds a dead end.

Napoleon Hill – American writer: “Think And Grow Rich” (1883-1970)


It is an anomaly of modern life that many find giving to be a burden. Such persons have omitted a preliminary giving. If one first gives himself to the Lord, all other giving is easy.

attributed to John S. Bonnell – American pastor and author (1893-1992), Quotations book 2009


Though God will not fulfill all our requests, he will fulfill his promises.

Dietrich Bonhoeffer – German Lutheran theologian (Confessing Church) and resistance fighter (1906-1945), from “Widerstand und Ergebung” (publ.1977), Quotations book 2015

Creation of capital

Capital must be propelled by self-interest; it cannot be enticed by benevolence.

Walter Bagehot – English economist and author, editor in chief of “The Economist” (1826-1877)


Simplicity has a way of improving performance.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924), Quotations book 2020


Each one should use whatever gift he has received to serve others, faithfully administering God’s grace in its various forms.

The Bible, 1. Peter 4,1 (NIV)


There is no limit to what a man can do or where he can go if he doesn’t mind who gets the credit.

Slogan from Ronald W. Reagan – American politician, 1981-89 40th president (1911-2004), goes back to an entry of Jesuit Father Strickland’s diary in 1863, Quotations book 2014

Be yourself

Det Store er ikke at være Dette eller Hiint, men at være sig selv.

The greatness is not to be this or that but to be oneself.

Søren Aabye Kierkegaard – Danish Protestant theologian an philosopher (1813-1855), known as one of the most important academics in Denmark; from “Either – Or. A Life Fragment” (1843), Quotations book 2016

Measuring risk

Volatility does not measure risk. The problem is that the people who have written and taught about risk do not know how to measure risk. Beta is nice because it is mathematical, it is easy to calculate and it is wrong –past volatility does not determine the risk of investing.
In early 1980s, farmland that had gone for $2,000 an acre, went for $600 an acre. Beta shot up. I was apparently buying a riskier asset at $600 than at $2,000.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2012


If I knew what my five best ideas were, that is all i would own.

Jean-Marie Eveillard – French stox investor (*1940)

Limits of the possible

The only way of discovering the limits of the possible is to venture a little way past them into the impossible.

Arthur C. Clarke – American writer and inverntor (1917-2008), from his essay “Hazards of Prophecy: The Failure of Imagination” in “Profiles of the Future” (1962), Quotations book 2018

True treasure

It was not till we were as poor as a church mouse and up to our neck in water, that we began to think again of the true treasure of the church – the Gospel – and to distribute this treasure to all.

John T. Finney – English Anglican theologian, 1993-98 Bishop of Pontefract (b. 1932), Quotations book 2018


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

Wisdom – Quotations book 2008


Great minds discuss ideas.
Average minds discuss events.
Small minds discuss people.

Eleanor Roosevelt – American presidential spouse 1933-45 and philanthropist, co-writer of the UN Charta for human rights (1884-1962)


Above all, keep loving one another earnestly, since love covers a multitude of sins.

The Bible, 1. Peter 4:8 (ESV)


L’amour est composé aux trois quarts de curiosité.

á Giacomo Girolamo Casanova – écrivain et aventurier vénitien (1725-1798), de “Histoire de ma vie” (1794-1798)


I strongly believe that missionaries make better products. They care more. For a missionary, it’s not just about the business. There has to be a business, and the business has to make sense, but that’s not why you do it. You do it because you have something meaningful that motivates you.

Jeffrey P. “Jeff” Bezos – American company founder: Amazon (b. 1964),in an interview with “Fortune” (June 10th, 2010), Quotations book 2021

Success by acting

Everything comes to him who hustles while he waits.

Thomas Alva Edison – American inventor (1847-1931), from “Thomas Alva Edison : Sixty Years of an Inventor’s Life” (1908), Quotations book 2014


Keep things simple and take them seriously – simplicity is the end result of long hard work, not the starting point.

realization – Quotations book 2010


Resolve and thou art free.

Henry Wadsworth Longfellow – American poet (1807-1882), from “The Masque of Pandora”, part VI “In the Garden” (1875)


A professor stood before his philosophy class and had some items in front of him. When the class began, he wordlessly picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls. He then asked the students if the jar was full. They agreed that it was.

The professor then picked up a box of pebbles and poured them into the jar. He shook the jar lightly. The pebbles rolled into the open areas between the golf balls. He then asked the students again if the jar was full. They agreed it was.

The professor next picked up a box of sand and poured it into the jar. Of course, the sand filled up everything else. He asked once more if the jar was full. The students responded with a unanimous “yes”.

“Now,” said the professor, “I want you to recognize that this jar represents your life. The golf balls are the important things: your family, your children, your health, your friends and your favorite passions. If everything else was lost and only the golf balls remained, your life would still be full. The pebbles are the other things that matter like your job, your house and your car. The sand is everything else – the small stuff.”

“If you put the sand into the jar first,” he continued, “there is no room for the pebbles or the golf balls. The same goes for life.

If you spend your time and energy on the small stuff, you will never have room for the things that are important to you. Play with your children. Take time to get a medical checkup. Take your spouse out to dinner. There will always be time to clean the house and fix the disposal. Take care of the golf balls first, the things that really matter. Set your priorities. The rest is just sand.”

symbolic story – Quotations book 2016

Come further

One extends one’s limits only by exceeding them.

M. Scott Peck – American psychiatrist, psychotherapist and writer (1936-2005), from “The Road Less Traveled: A New Psychology of Love, Traditional Values and Spiritual Growth ” (1978), Quotations book 2018

Free market economy

The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy.

It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another..

Milton Friedman – American economist, Nobel Memorial Prize in economic sciences 1976 (1912-2006), Quotations book 2009

Sue or die

What good is figuring out a better way to sell beach towels if you aren’t going to tell everybody in your company about it?

Samuel M. “Sam” Walton – American entrepreneur, founder of Walmart (1918-1992), from “Sam Walton, Made in America: My story” (1992)

Trying and failing

Never feel shame for trying and failing, for he who has never failed is he who has never tried.

Og Mandino – born Augustine Mandino II, American writer (1923-1996), from “The Greatest Salesman in the World” (1968), Quotations book 2016


People are not lazy. They simply have impotent goals – that is, goals that do not inspire them.

attributed to Anthony Robbins – American author and motivational speaker (*1960)


Some people just watch a horse galloping by. Others see an opportunity to jump on.

Jan-David Golze – German business development expert,

Moderately forward

Who drives the horse needlessly, must walk at the end.

Kazakh proverb


Riches enlarge rather than satisfy appetites.

attributed to Thomas Fuller – English monk and author (1608-61)

Act intelligent

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924), Quotations book 2018

Watchword 2011

Do not be overcome by evil, but overcome evil with good.

The Bible, Romans 12:21 (NIV) – Quotations book 2011

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.

Business model

Our business model derives from our ideas, not the money.

David de Rothschild – French banker, Rothschild & Cie. (b. 1942), on the question, how the Rothschild bank managed tnot to be involved into the financial markets turbulences, Quotations book 2012

Savoir et voir

Il faut savoir et voir, et il faut voir et savoir.

Claude Lanzmann – réalisateur et documentaire français (1925-2018), d’après une interview dans “Cahiers du cinéma”, n ° 374, (juillet / août 1985)


Every man has a right to be wrong in his opinions. But no man has a right to be wrong about his facts.

attributed to Bernard M. Baruch – American financier, adviser to several American presidents (1870-1965)


Do not pray for tasks equal to your powers. Pray for powers equal to your tasks.

Phillips Brooks – American Episcopal clergyman, 1891-1893 Bishop of Massachusetts (1835-1893), from his sermon “Going up to Jerusalem”, in “Twenty Sermons” (1886)


No democracy has ever been inflicted by a famine,
and no two democracies have ever made war on each other.

Johan Norberg – Swedish writer (b. 1973), from his film “Globalisation Is Good” (2003), Quotations book 2021


I worry about what money might do to my kids. So I have decided to make it very clear that they are not going to get a penny. My wife Trudie and I are heroically trying to spend it all!

Sting – born Gordon Matthew Sumner, Rockstar, whose bargain ich estimated to 35 million Euro by “Euro am Sonntag” (b. 1951), Quotations book 2005


The technique of infamy is to start two lies at once and get people arguing which is the truth.

Ezra W. L. Pound – American poet and critic  (1885-1972)


What dreams would you have if you knew you could not fail?

Inscription at the Crystal Cathedral’s Welcoming Center in Garden Grove, California – Quotations book 2007

The proper ambition

The Reverend Fred Craddock, a remarkable preacher from Georgia, may have been imagining things –the way preachers are wont to do – but he says this story really happened.
Dr. Craddock was visiting in the home of his niece. There was this old greyhound dog there, just like the ones who race around a track chasing those mechanical rabbits. His niece had taken the dog in to prevent it from being destroyed because its racing days were over.
Dr. Craddock strikes up a conversation with the dog: “I said to the dog, ‘are you still racing?’ ‘No,’ he replied. ‘Well, what was the matter? Did you get too old to race?’ ‘No, I still had some race in me.’ ‘Well, what then? Did you not win?’ ‘I won over a million dollars for my owner.’
‘Well, what was it? Bad treatment?’ ‘Oh, no,’ the dog said, ‘They treated us royally when we were racing.’ ‘Did you get crippled?’ ‘No.'”
“Then why?” Craddock pressed, “Why?” The dog answered, “I quit.” “You quit?” “Yes,” he said, “I quit.”
“Why did you quit?” “I just quit. Because after all that running and running and running, I found out that the rabbit I was chasing wasn’t even real.”
On this day of celebration, achievement, and the commencement of a new phase in your lives, it takes considerable temerity for me to challenge you to consider what kind of rabbit you’ll choose to chase during your careers. I do so only because – this may surprise you – I challenge myself as to whether the rabbit I’ve been chasing all these long years is real.

John C. Bogle – American author and founder of The Vanguard Group and the world’s first index mutual fund (1929-2019)

The way families invest

“Compared with other institutional investors, ‘families are more adventurous about where they invest their capital,’ says a managing director at one advisory firm whith a large wealthy client base. ‘They’re quicker in their decision-making, and sometimes don’t have hard and fast rules like pension funds do.'”

from: The Private Equity Analyst – March 2004, Quotations book 2006


You can’t have a great place to shop without first making it a great place to work.

Stew Leonard, Sr. – American entrepreneur, founded Stew Leonard’s super markets (b. 1929)


Most leading brokers cannot spare the time and money to research smaller stocks. You are therefore more likely to find a bargain in this relatively under-exploited area of the stock market.

James D. “Jim” Slater – British entrepreneur and investor (1929-2015), from “The Zulu Principle: Making Extraordinary Profits from Ordinary Shares” (1992)


You can find out more about someone in an hours play than during a year of discussing..

Plato – Greek philosopher (ca. 428-348 BC), Quotations book 2002


Brokers know the price of everything and the value of nothing.

attributed to Philip A. Fisher – American Growth investor and mentor of Warren Buffett (1907-2004)


It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

Warren Buffett – American value investor, Chairman of Berkshire Heathaway (b. 1930), Quotations book 2013


You don’t have to be great to start, but you have to start to be great.

Joe Sabah – American motivational speaker (b. 1931)

The seven national crimes

I don’t think.
I don’t know.
I don’t care.
I am too busy.
I leave well enough alone.
I have no time to read and find out.
I am not interested.

William H. J. Boetcker – American presbyterian clergyman, born in Hamburg (1873-1962), published 1916

Successfull investing

Think about long-term business prospects rather than short-term stock market prospects.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1991)


The capacities which are within a man are greater than he knows and the capacities with which God can endow a man are greater than he dreams.

Charles Haddon Spurgeon – English Baptist pastor (1834-1892), from his sermon N° 1690 “Chariots Of Iron” in The Metropolitan Tabernacle, Newington (September 28, 1882), Quotations book 2019


Miracles are not contrary to nature only contrary to what we know about nature.

in the style of Augustine of Hippo – known as Aurelius Augustinus, early Christian theologian and philosopher, one of the four Latin Doctors of Church (354-430), Quotations book 2012

Take the opportunity

The sad truth is that opportunity doesn’t knock twice. You can put things off until tomorrow but tomorrow may never come.

Gloria Estefan – American singer and actress (b. 1957)


Rarely have I seen a situation where doing less than the other guy is a good strategy.

James “Jimmy” Spithill – Australian yachtsman, 2010 and 2013 Americas Cup winner (b. 1979)


Jesus comes into our night so that we can come into his light.

Peter Hahne – German television host and 1992-2009 member of the German Evangelical Church Council (b. 1952), Quotations book 2012

Aim high

Aim at Heaven and you will get ‚earth thrown in’. Aim at earth and you will get neither.

C. S. Lewis – British writer (1898-1963), Quotations book 2006


We don’t laugh because we’re happy – we’re happy because we laugh.

solgan of the laughter yoga movement, attributed to William James – American philosopher and psychologist (1842-1910)

Lift your voice

Fools multiply when wise men are silent.

Saying – Quotations book 2021


First, you need two piles. You have to segregate businesses you can understand and reasonably predict from those you don’t understand and can’t reasonably predict. An example is chewing gum versus software. You also have to recognize what you can and can not know. Put everything you can’t understand or that is difficult to predict in one pile. That is the too hard pile.

Once you know the other pile, then its important to read a lot, learn about the industries, get background information, etc. on the companies in those piles. Read a lot of 10Ks and Qs, etc. Read about the competitors.

I don’t want to know the price of the stock prior to my analysis. I want to do the work and estimate a value for the stock and then compare that to the current offering price. If I know the price in advance it may influence my analysis..

following Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2013


I check every offer. It could be the offer of my life.

attributed to Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2018

Factors for success

– The business can only be truly successful if it improves the life of people.

– The richness of man is the work – not the money, which is only a tool to go through life.

– Have clarity on what you do and make it readable to the outside.

Pietro Barilla – Italian food-entrepreneur (1913-1993), Quotations book 2006


If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours.

Henry David Thoreau – American writer (1817-1862), from “Walden” (1854)

Scepticism or pessimism

Scepticism and pessimism aren’t synonymous. Scepticism calls for pessimism when optimism is excessive. But it also calls for optimism when pessimism is excessive.

Howard S. Marks – American investor, Co-Chairman Oaktree Capital Management (b. 1946), from “The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor” (2012), Quotations book 2018


Work is love made visible.

Khalil Gibran – Lebanese Maronite poet, philosopher and artist, aka Kahlil Gibran (1883-1931), from “The Prophet (1923), Quotations book 2018


There are a thousand possibilities to “waste” money but only two ways to earn it: Either we work for it – or the money works for us.

attributed to Bernard M. Baruch – American financier, adviser to several American presidents (1870-1965)


We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.

William H. “Bill” Gates – American software entrepreneur, Microsoft (b. 1955), from “The Road Ahead” (1995), Quotations book 2015

Watchword 2007

Behold! I am doing a new thing! Now it springs up; do you not perceive it?

The Bible, Jesaja 43:19a (ESV) – Quotations book 2007

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.

Dreams of the future

The future belongs to those who believe in the beauty of their dreams.

Eleanor Roosevelt – American presidential spouse 1933-45 and philanthropist, co-writer of the UN Charta for human rights (1884-1962), Quotations book 2004


I hope that I may always desire more than I can accomplish.

attributed to Michelangelo – born Michelangiolo Buonarroti Simoni, Italian skulptor, painter, architect and poet (1475-1564)


Let no one bewail his poverty, for the universal Kingdom has been revealed.
Let no one weep for his iniquities, for pardon has shown forth from the grave.
Let no one fear death, for the Saviour’s death has set us free.

Johan Chrysostom – born Johan of Antioch, Greek Doctor of Church, 398-407 Archbishof of Constantinopel (344 or 349-407), from his easter Sermon, Quotations book 2016

Make money

The secret of making money is to avoid risks.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), quoted in “The Midas Touch” (2009)

Start walking