Markets are irrational in the short term but not over the long term. They sometimes offer fire sale prices on the greatest companies in the world.
- Fred Wilson - Topics: Investing, Opportunity, Stock Market, Wall Street.
In the long run, inflation comes to an end with the breakdown of the currency.
- Ludwig von Mises - Topics: Inflation.
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.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
- Nassim Nicholas Taleb - Topics: Cryptocurrency.
If you let the market make you feel high or low, you will lose money.
- Alexander Elder - Topics: Trader, Stock Market.
Paper money eventually returns to its intrinsic value: zero.
- Voltaire - Topics: Inflation, Fiat Currency.
The long run is a misleading guide to current affairs. In the long run we are all dead.
- John Maynard Keynes - Topics: Government, Debt.
Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.
- Ludwig von Mises - Topics: Liberalism, Inflation, Gold, Socialism.
If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
- Peter Lynch - Topics: Investing, Stock Market.
By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.
- John Maynard Keynes - Topics: Government, Inflation.
Whoever controls the volume of money in any country is absolute master of all industry and commerce.
- James A. Garfield - Topics: Central Bank.
Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
- Peter Lynch - Topics: Wall Street, Stock Market, Investing.
