Ten (10) random Quotes on Finance

If everybody's waiting for a bounce to sell, either the market doesn't bounce or, if it does, you shouldn't sell into it.
The long run is a misleading guide to current affairs. In the long run we are all dead.
You need to buy insurance before the calamity hits. Bitcoin is the perfect anti-fiat. Bitcoin is equivalent to default insurance on a basket of fiat credit. You need to own bitcoin as a hedge to the regular calamities of the fiat system.
Price is what you pay, value is what you get.
The progress of the enormous debts which at present oppress, and will in the long-run probably ruin, all the great nations of Europe, has been pretty uniform. (written in 1776)
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
All taxes discourage something. Why not discourage bad things like pollution rather than good things like working or investment?
It took me five years to learn to play the game intelligently enough to make big money when I was right.
I put it to you: if you rob people of their ability to determine their own future, they will turn to violence.
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen. Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil.
If you would like to know the value of money, go and try to borrow some.
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.

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