Investment Strategies Quotes

Economics, not force of arms will decide; not battles, but famine.

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

Millionaires don't have astrologers, billionaires do.

I started trading around 1979, fresh out of college. In the early '90s, I started guesting for major news media.

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

The poor and the middle class work for money. The rich have money work for them.

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.

Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold, they invest in productive businesses.

Money without brains is always dangerous.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

The right amount of money to leave children is enough money so that they would feel they could do anything, but not so much that they could do nothing

If someone gives you $1,000,000 you'd better become a millionaire so you can keep the money. Success doesn't want to hang around incompetent people.

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.

Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles.

It's always weird when people approach me to make an investment. I tell them, 'I don't need any more money. I'm good.' Then I wait for their expression. That part is entertaining, because people look at you like you're crazy when you say you don't need any more money. Who says that?

I'm no financial expert. I scarcely know what a coin is. Ask me to explain what a credit default swap is, and I'll emit an unbroken 10-minute 'um' through the clueless face of a broken puppet. You might as well ask a pantomime horse.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

We suffer more … when we fall from a better to a worse situation, than we ever enjoy when we rise from a worse to a better. Security, therefore, is the first and the principal object of prudence.

Wealth is the product of man's capacity to think.

We ought to be incentivizing people to save more of their own money for use taking care of their healthcare expenses, and what we have done is we have set it up where health savings accounts are harder and harder to use for narrower and narrower purposes.

Speculation is a parasite feeding upon values, creating none.

In other words, Social Security is every bit as insecure as the stock market.

I feel like I grew up in the investment business. My dad was at T. Rowe Price his whole career. We lived in Baltimore and had a small social circle, so most of my dad's friends also worked for T. Rowe.

Such forms of wealth as gold, silver, precious stones are only minerals and products having an exchange value. It is social effort, the search for profit and the use of tools that cause the increase or decrease of the quantity of precious metals in circulation and hence, the real wealth of a King