There are no facts in politics, there's only perceptions: what people will believe.
- Jeff Deist - Topics: Politics.
There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
- Peter Lynch - Topics: Investing, Money Management, Stock Market.
The hardest thing in the world to understand is income tax.
- Albert Einstein - Topics: Tax, Government.
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
- Ludwig von Mises - Topics: Monetary Policy, Debt.
There is only one side of the market and it is not the bull side or the bear side, but the right side.
- Jesse Livermore - Topics: Trader, Stock Market.
Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.
- Ludwig von Mises - Topics: Tax.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
- Warren Buffett - Topics: Stock Market, Investing.
If you let the market make you feel high or low, you will lose money.
- Alexander Elder - Topics: Trader, Stock Market.
Once you think that something is improbable and everybody thinks it, people modify their behavior in a way that makes it more probable. Everyone thought it was so improbable that so many people would default on real estate, it actually created a greater probability that it would happen because more capital flowed into that sector.
- Lloyd Blankfein - Topics: Banking System, Stock Market, Wall Street.
The hardest thing to judge is what level of risk is safe.
- George Soros - Topics: Money Management.
Experience, however, shows that neither a state nor a bank ever have had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.
- David Ricardo - Topics: Fiat Currency, Government.
Price is what you pay, value is what you get.
