If something cannot go on forever, it will stop.
- Herbert Stein - Topics: Stock Market.
I made a killing in the stock market. My broker lost all my money, so I killed him.
- Jim Loy - Topics: Broker, Stock Market.
If you would like to know the value of money, go and try to borrow some.
- Benjamin Franklin - Topics: Debt.
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.
I believe that anyone who is intelligent, conscientious, and willing to put in the necessary time can be successful on Wall Street. As long as they realize the market is a business like any other business, they have a good chance to prosper.
- Jesse Livermore - Topics: Stock Market, Trader.
Succesful institutional traders often talk of quitting and going to trade for themselves. Only a handful of them manage to make the transition. Most traders who leave institutions get caught up in the emotions of fear, greed, elation, and panic when they start risking their own money.
- Alexander Elder - Topics: Trader, Stock Market.
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.
Are you joking, having faith in the U.S. administration. I wonder who in the world would have a faith in the U.S. administration. For sure not someone who thinks.
- Marc Faber - Topics: Government.
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.
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.
The government takes your money away with taxes and then hires people to bother you even more.
Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other. If government spending is financed by borrowing from the commercial banks, it means credit expansion and inflation.
- Ludwig von Mises - Topics: Debt, Government, Monetary Policy, Tax.
