Quotes About Investment

Good software designs accommodate change without huge investments and rework. When we use code that is out of our control, special care must be taken to protect our investment and make sure future change is not too costly.

If you think good architecture is expensive, try bad architecture. —Brian Foote and Joseph Yoder

Who can justify the expense of a six-lane highway through the middle of a small town that anticipates growth? Who would want such a road through their town?

The majority of the cost of a software project is in long-term maintenance.

In troubled times the last thing you want to do is to stick your money into a film. It's such a gamble.

judge all things by what they cost you.

Your job today tells me nothing of your future--your use of your leisure today tells me just what your tomorrow will be.

And the great thing about money is that it doesn't matter when you harvest it. It's an all-year crop.

TANSTAAFL There ain't no such thing as a free lunch) by Robert Heinlein from his book The Moon Is a Harsh Mistress

If we exaggerate the present and future value of the stock market, then as a society we may invest too much in business start-ups and expansions, and too little in infrastructure, education, and other forms of human capital.

In the future, we will surely have even bigger such bubbles, each built up around its new and different new era story, and we will have to invent new names for them.

The word bubble creates a mental picture of an expanding soap bubble, which is destined to pop suddenly and irrevocably. But speculative bubbles are not so easily ended; indeed, they may deflate somewhat, as the story changes, and then reflate.

Cheer the bull, or cheer the bear; cheer both, and you will be trampled and eaten.

The fact that the price must be paid is proof that it is worth paying.

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.

Some people are terrified of snakes. Some people are terrified about losing money.

Our brains are either our greatest assets or our greatest liabilities.

La mayoría de la gente está tan ocupada trabajando para conseguir un cheque de nómina, que no tiene tiempo para volverse rica.

Lo primero que piensan casi todos los empleados cuando les hablo de llegar a ser empresario y echar a andar un negocio o invertir en bienes raíces, es: "¿Y qué tal si cometo un error? ¿Qué pasará si pierdo dinero? ¿Qué pasará si fracaso?" Esta mentalidad es lo que impide que la gente sea rica.

Financial education is more powerful than money

El papel moneda no es riqueza.

cuando echas a andar tu propio negocio con base en casa, muchos de los gastos que antes eran personales –gastos después de impuestos–, se convierten de inmediato en gastos de negocio antes de impuesto.

Los ricos no trabajan para obtener dinero, sino para adquirir activos que generen flujo de efectivo.