Opportunity is missed by most people because it comes dressed in overalls and looks like work.
- Thomas Edison - Topics: Opportunity.
In the long run, inflation comes to an end with the breakdown of the currency.
- Ludwig von Mises - Topics: Inflation.
Paper money eventually returns to its intrinsic value: zero.
- Voltaire - Topics: Fiat Currency.
There are no facts in politics, there's only perceptions: what people will believe.
- Jeff Deist - Topics: Politics.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
- Peter Lynch - Topics: Stock Market.
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
- George Soros - Topics: Investing.
There were over 379 articles written, prematurely declaring the end of Bitcoin. Not only did Bitcoin survive, it thrived, becoming the top performing asset of the decade. The naysayers were proved wrong and we learned an important lesson about human nature: most big breakthroughs are contrarian ideas that people dismiss and ridicule at the start.
- Brian Armstrong - Topics: Cryptocurrency.
Enron is another good example. It was probably regulated by more agencies than any company in existence and yet it created a gigantic mess that was never noticed by regulators, but had to be uncovered by a single independent financial analyst. The truth is that regulation instills confidence in the public so that they let down their guard and makes them less cautious while at the same time distorting the competitive nature of firms in the marketplace.
- Mark Thornton - Topics: Regulation.
The correct conclusion in my view is that we need to be pre-emptive in avoiding these types of problems in the future. Monetary policy should not be aimed at cleaning up a mess, but leaning against the wind to avoid the mess in the future.
- Stephen Roach - Topics: Monetary Policy.
When confidence goes, the end is very near. It always comes faster than anyone expects and it always seems to be unexpected.
- John Mauldin - Topics: Debt, Default.
Economic history is a long record of Government policies that failed because they were designed with a bold disregard for the laws of economics.
- Ludwig von Mises - Topics: Government.
If you would like to know the value of money, go and try to borrow some.
- Benjamin Franklin - Topics: Debt.
