Nick Szabo Quotes

You could be worth $2 billion today and a half a billion tomorrow. It doesn't take much for this to disappear overnight.

I don't rely on off-shore tax havens, and I don't want to invest in stocks and shares as we have seen how volatile that game has been since the financial crash.

There was never any danger of Business 2.0 ever going under.

Remember, gold and silver always have had value and never have gone to zero. Can you say the same for stocks and bonds?

Every man should make his son or daughter learn some useful trade or profession, so that in these days of changing fortunes of being rich today and poor tomorrow they may have something tangible to fall back upon. This provision might save many persons from misery, who by some unexpected turn of fortune have lost all their means.

Money is a hazard.

If the world does well, gold will be fine. If the world doesn't do well, gold will also do fine... but a lot of other things could collapse.

And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment.

Most people spend their lives building financial houses of straws, which are susceptible to wind, fire, rain and big bad wolves.

In todays uncertain economy, the safest solution to be wealthy, be in total control and enjoy freedom for you and your family is to have multiple streams of income.

Money is hard to earn and easy to lose. Guard yours with care.

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

Investors need to get rewarded for their investment, especially in unstable countries.

No matter how much money you have, you can lose it.

Do we have to regulate derivatives? Yes, we do. 'Cause when I did this in my investments, frankly, no one knew who could pay who. But derivatives have an important place in our economy.

It's important that we invest in America - literally. The terrorists wanted to destroy our economy, and we can't let our system fall apart. We also have to invest in one another.

People can have a long-term life plan only if they know their private property is secure.

Don't expect anyone else to support you. Maybe you'll have a trust fund. Maybe you'll have a wealthy spouse. But you never know when either of them might run out.

Unless you are completely retired, earning money is the best form of wealth preservation.

When you look at the world, everyone in the world who cares about his or her family wants to have a major portion of their assets in the United States because we are the growth country and the freedom loving country.

Where people are now in terms of the economic crisis, they're looking at what we think is the bottom, and I think that's when people look to film and to spirituality.

The global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability.

The purpose is clear. It is safety with solvency. The country is entitled to both.

Every economy is uncertain. Referring to this or any economy as 'uncertain' is an unnecessary and pessimistic redundancy.

I've always been terrified about not having money. I've been a big saver and a big earner. When I've been out of work, I've always found another job. I never wanted to get into debt, because money was very tight when I was growing up. I never felt deprived, but I couldn't have the things I wanted.