Quotes About Wealth

Nero, seu otário. Não se deixe iludir pelo dinheiro. São apenas números. Ser dono do próprio nariz é um estado de espírito".

Getting rich results in his seeing flaws in the goods and services he buys.

The world is split between those who don't know how to start making money and those who don't know when to stop.

we have never been richer in the history of mankind. And we have never been more in debt

The record shows that, for society, the richer we become, the harder it gets to live within our means. Abundance is harder for us to handle than scarcity.

you can decide whether to be (relatively) poor, but free of your time, or rich but as dependent as a slave.

notion of alternative accounting: $ 10 million earned through Russian roulette does not have the same value as $ 10 million earned through the diligent and artful practice of dentistry.

wealth is seen as zero-sum.

Someone getting rich is doing so at other people's expense

Poison is drunk in golden cups

It hit me that the rich were natural targets;

one is more likely to be drinking poison in a golden cup than an ordinary one.

The way to make society more equal is by forcing (through skin in the game) the rich to be subjected to the risk of exiting from the 1 percent.

if wealth is giving you fewer options instead of more (and more varied) options, you're doing it wrong.

I will retire on these profits

So class envy doesn't originate from a truck driver in South Alabama, but from a New York or Washington, D.C., Ivy League–educated IYI (say Paul Krugman or Joseph Stiglitz) with a sense of entitlement, upset some "less smart" persons are much richer.

The wealth process is dominated by winner-take-all effects. Any form of control of the wealth process—typically instigated by bureaucrats—tends to lock people with privileges in their state of entitlement. So the solution is to allow the system to destroy the strong, something that works best in the United States.

envy is something you are more likely to encounter in your own kin: lower classes are more likely to experience envy toward their cousins or the middle class than toward the very rich.

That all millionaires were persistent, hardworking people does not make persistent hard workers become millionaires:

at any point in time, the richest traders are often the worst traders.

you need to know whether you do not like the pursuit of money and wealth because you genuinely do not like it, or because you are rationalizing your inability to be successful at it with the argument that wealth is not a good thing because it is bad for one's digestive system or disturbing for one's sleep or other such arguments.

10 million earned through Russian roulette does not have the same value as $10 million earned through the diligent and artful practice of dentistry.

suckers try to be right, nonsuckers try to make the buck, or: Suckers try to win arguments, nonsuckers try to win.

Aside from the misperception of one's performance, there is a social treadmill effect: You get rich, move to rich neighborhoods, then become poor again. To that add the psychological treadmill effect; you get used to wealth and revert to a set point of satisfaction. This problem of some people never really getting to feel satisfied by wealth (beyond a given point) has been the subject of technical discussions on happiness.