Opportunity is missed by most people because it comes dressed in overalls and looks like work.
- Thomas Edison - Topics: Opportunity.
Bitcoin's mere existence is an insurance policy that will remind governments that the last object establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.’
- Nassim Nicholas Taleb - Topics: Cryptocurrency.
Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
- George Soros - Topics: Investing, Stock Market.
Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it. Compound interest is the most powerful force in the universe. Compound interest is the greatest mathematical discovery of all time.
- Albert Einstein - Topics: Investing.
Bad money drives out good. (When a government or central bank overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation, while the overvalued money will flood into circulation)
- Thomas Gresham - Topics: Fiat Currency.
It took me five years to learn to play the game intelligently enough to make big money when I was right.
- Jesse Livermore - Topics: Stock Market, Trader.
The US has 75 trillions of unpaid for liabilities in a 15 trillion economy. How are we ever going to be pay for it? It's a number that cannot happen. So I don't worry about it. The far more interesting question is: what happens at the moment we realise that we can't pay 75 trillion?
- John Mauldin - Topics: Debt, Default, Government.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
- Warren Buffett - Topics: Stock Market, Investing.
They tell us that the government can spend and spend without taxing at all, that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves". Such pleasant dreams in the past have always been shattered by national insolvency or a runaway inflation. All government expenditures must eventually be paid out of the proceeds of taxation and inflation itself is merely a form, and a particularly vicious form, of taxation.
- Henry Hazlitt - Topics: Government, Inflation, Tax.
Profit is the payment you get when you take advantage of change.
- Joseph A. Schumpeter - Topics: Capitalism, Change.
Whoever controls the volume of money in any country is absolute master of all industry and commerce.
- James A. Garfield - Topics: Central Bank.
Ask five economists and you'll get five different explanations - six if one went to Harvard.
- Edgar R. Fiedler - Topics: Economist.
