30/10/2012
INVESTMENT QUOTES
1. Those with the enterprise lack the money and those with the money lack the enterprise to buy stocks when they are cheap. -Benjamin Graham
2. A business that makes nothing but money is a poor business. -Henry Ford
3. Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you're generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don't make. -Donald Trump
4. After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. -Calvin Coolidge
5. "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. -Paul Samuelson
6. If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring. -George Soros
7. I believe that thrift is essential to well-ordered living and that economy is a prime request of a sound financial structure, whether in government, business or personal affairs. -John D. Rockefeller, Jr.
8. I'd like to live as a poor man with lots of money. -Pablo Picasso
9. And finally, no matter how good the science gets, there are problems that inevitably depend on judgment, on art, on a feel for financial markets. -Martin Feldstein
10. As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past. -Timothy Geithner
11. Being on a movie set is like one long financial crisis. -John Cusack
12. Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. -Warren Buffett
13. Columbus did not seek a new route to the Indies in response to a majority directive. -Milton Friedman
14. Markets can remain irrational longer than you can remain solvent. -John Maynard Keynes
15. October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. -Mark Twain
16. The four most dangerous words in investing are "This time it's different." -John Templeton
17. If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks. -John Bogle
18. Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response. -Larry Summers
19. Derivatives are financial weapons of mass destruction. -Warren Buffett
20. We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. …So we use lots of things daily that are dangerous, but we generally pay some attention to how they're used. We tell the cars how fast they can go. -Warren Buffett
21. If I’d only followed CNBC’s advice, I’d have a million dollars today. Provided I’d started with a hundred million dollars. -Jon Stewart
22. So you think that money is the root of all evil. Have you ever asked what is the root of all money? -Ayn Rand
23. Put not your trust in money, but put your money in trust. -Oliver Wendell Holmes
