If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed. Edward Burke – Irish-British writer (1729-1797), in his letter “On the overtures of peace”, the first of “three letters to a member of the present parliament on the proposal for peace with the regicide directory od France” (published 1796), published in “The...
I was worth about over a million dollars when I was 23 and over ten million dollars when I was 24, and over a hundred million dollars when I was 25 and… it wasn’t that important — because I never did it for the money. Steve Jobs – American company founder: Apple (1955-2011), in the PBS Documentary “Triumph of the Nerds: The Rise of Accidental Empires” (1996),...
Dollars and guns are no substitute for brains and willpower. Dwight David Eisenhower – American general and politician, 1953-61 34th president (1890-1969), from a speech in Cincinnati, Ohio, quoted in the “Time Magazine” (October 6th, 1952), Quotations book 2026
Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land. The Bible, Ecclesiastes 11:2 (NIV), Quotations book 2025
Our experience has been that the manager of an already high-cost operation frequently is uncommonly resourceful in finding new ways to add to overhead while the manager of a tightly-run operation usually continues to find additional methods to curtail costs, even when his costs are already well below those of his competitors. Warren Buffett – American value investor, long-time Chairman...
If a business earns 18% per year on capital over 20 or 30 years, even if you pay an expensive looking price, you’ll end up with a fine result. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023), from his speech “A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business” at the USC Business School (1994), Quotations book...
You should invest like a Catholic marries – for life. Warren Buffett – American value investor, long-time Chairman of Berkshire Hathaway (b. 1930), from “BBuffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds Most Famous Investor” (1997)
Our job is to pass custody of your investment over at the right price and to the right people. Nick Sleep – British investor and co-founder of Sleep, Zakaria and Company and the IGY Foundation (b. 1968)
I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. Benjamin Franklin – Amerikan politician, writer and scientist (1706-1790), from his attempt to the government “On the Price of Corn, and Management of the Poor” (1766)
If you could invest in only one of your fellow classmates, who would you choose? If you could buy, say, 10% of the future earnings of just one classmate, who would you choose? What would you look for? Warren Buffett – American value investor, Chairman of Berkshire Hathaway (*1930), freely adapted from a lecture to students at the University of Florida School of Business...
[The perfect amount to leave children is] enough money so that they would feel they could do anything, but not so much that they could do nothing. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from the article “Should you leave it all to the children?” (“Fortune Magazine”, September 29, 1986)
The intelligent investor is a realist who sells to optimists and buys from pessimists. Jason Zweig – American journalist (b. 1959), in his “Note about Benjamin Graham” in the revised edition of “The Intelligent Investor” (2003), Quotations book 2021
No-one would remember the good Samaritan if he’d only had good intentions. He had money as well. Margaret Thatcher, Baroness Thatcher of Kesteven – British politician, 1979-90 Prime Minister (1925-2013), from a tv interview with Brian Walden for “London Weekend Television” (“Weekend World”, January 6th, 1980)
The big money is not in the buying and selling but in the waiting. Charlie Munger – Vice Chairman Berkshire Hathaway (1924-2023)
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)
Having, first, gained all you can, and, secondly saved all you can, then give all you can. John Wesley – English preacher (1703-1791), from his sermon “The Use of Money” (1760)
The big money is not in the buying and selling, but in the waiting. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023)
My job is to find money for those people, who know, how this works. Jack Welch – born John Francis Welch jr., legendary American manager: General Electric (1935-2020), Fortune 1999: Manager of the Century
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