Archive for category: Money

We make our money the old fashioned way: we earn it.

Business-Slogan – used by the Wall Street financial Service Smith Barney & Co.

Forming fortune is like a big tree giving shade.

Norman Rentrop – German publisher (b. 1957)

Деньги есть чеканенная свобода.

Федор Достоевский – русский писатель (1821-1881), из “Записки из Мёртвого дома” (1862), Цитаты 2005

There is no such thing as a good tax. Some are better than others, some are worse. But there is no such thing as a good tax. All taxes are at best necessary evils and burdens.

Thomas P. Gore – American senator, ralated to former US Vice President and Nobel Peace Prize laureate Al Gore (1870-1949)

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

When a person with money meets a person with experience, the person with the experience winds up with the money, and the person with the money winds up with the experience.

business wisdom – Quotations book 2020

The big money is not in the buying and selling but in the waiting.

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

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

Money, to some extent, sometimes lets you be in more interesting environments. But it can’t change how many people love you or how healthy you are.

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

The Forbes list of the 400 richest Americans had about the same level of wellbeing as the Maasai of East Africa, a traditional herding people who live in huts with no electricity or running water.

Ed Diener – American professor in psychology (b. 1946), from “Barclays Wealth Insights, Volume 4: The True Value of Wealth” (2007)

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

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

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

Some people waste their lives in the constant pursuit of great wealth. As a commodity, let’s face it, money doesn’t rate as high as good health – and it certainly isn’t up there with great art.

Roy R. Neuberger – American financier and art collector (1903-2010)

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

Wisdom

The gratification of wealth is not found in mere possession or in lavish expenditure, but in its wise application..

attributed to Miguel de Cervantes Y Saavedra – Spanish writer (1547-1616)

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)

No-one would remember the good Samaritan if he’d only had good intentions. He had money as well.

Dame Margaret Thatcher – British politician, 1979-90 Prime Minister (1925-2013), from a tv interview with Brian Walden for “London Weekend Television” (“Weekend World”, January 6th, 1980)

Fundraising is the gentle art of teaching the joy of giving.

Henry A. “Hank” Rosso – American fundraiser (1917-1999), Quotations book 2004

If you’re smart, you don’t need debt. If you’re dumb, it’s poisonous.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), to Salomon Inc’s clients (September 13, 1991)

The eight Levels of Tzedakah:

1.Highest Level: Supporting a man who has fallen into poverty by giving him a present or a loan, entering into partnership with him, or finding him work so that his hand will be fortified so that he will not have to ask others.

2. Giving to the poor without knowing to whom he gave and without the poor person knowing from whom he received.

3. Giving when the giver knows to whom he is giving, but the poor person does not know from whom he received.

4. Giving when the poor person knows from whom he took, but the donor does not know to whom he gave.

5. Giving in his hands before he asks.

6. Giving him after he asks.

7. Giving him less than what is appropriate, but with a pleasant countenance.

8. Giving him with sadness.

Moses Maimonides – Jewish philosopher, law scholar and physician, most influential Jewish scholar (c. 1135-1204), from the Mischne Tora, Hilchot Mat’not Ani’im,, Chapter 10, 7-14 [Tzedakah: jewish command of charity], Quotations book 2015

Being good in business is the most fascinating kind of art.

Andy Warhol – American artist (1928-1987)

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

I just wait until there is money lying over in the corner, and all I have to do is go over there and pick it up.

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