Quotes About Investment

Whenever anyone asks me for investment advice, I tell them to buy a diversified portfolio heavily tilted toward stocks, especially if they are young, and then scrupulously avoid reading anything in the newspaper aside from the sports section. Crossword puzzles are acceptable, but watching cable financial news networks is strictly forbidden.#

The money that has recently been won is called "house money" because in gambling parlance the casino is referred to as the house. Betting some of the money that you have just won is referred to as "gambling with the house's money," as if it were, somehow, different from some other kind of money. Experimental evidence reveals that people are more willing to gamble with money that they consider house money.

Hint: always take the largest deductible you can. It will save you a lot of money over the long run.)

When your neighbor tells you that you can't lose money buying (fill in the blank here) that is probably a good sign that it is time to get out of that type of investment.

people who are threatened with big losses and have a chance to break even will be unusually willing to take risks

Once you recognize the break-even effect and the house money effect, it is easy to spot them in everyday life. It occurs whenever there are two salient reference points, for instance where you started and where you are right now. The house money effect—along with a tendency to extrapolate recent returns into the future—facilitates financial bubbles.

People will be risk-averse for gains, but risk-seeking for losses

La combinación de tasas de rendimiento bajas (apenas por encima de la inflación) y las bajas tasas de ahorro de muchos empleados es simplemente una receta para la pobreza en la jubilación.

my boss was saying intellectual investment is like compound interest: the more you do, the more you learn how to do, so the more you can do, etc. I do not know what compound interest rate to assign, but it must be well over 6%—one extra hour per day over a lifetime will much more than double the total output. The steady application of a bit more effort has a great total accumulation.

Time in nature is not leisure time; it's an essential investment in our chidlren's health (and also, by the way, in our own).

It's a funny thing about capitalism: money you lose by slowing down is always more important than money you've already made.

It's a funny thing about capitalism: money you lose by slowing down is always more important than money you've already made.

The steady seepage into Oil Creek argued for a substantial underground reservoir. To find that reservoir and tap it would require investment. Silliman, the two men hoped, would certify the value of the petroleum to potential investors.

By 1870, investment in the US oil industry had reached $200 million, the equivalent of almost $4 billion today. Annual production in Pennsylvania alone totaled more than 4.8 million barrels. Only cotton accounted for more US export dollars.

Bertrand Goldschmidt, the French chemist who worked with Glenn Seaborg, puts the Manhattan Engineer District at the height of its wartime development in perspective with a startling comparison. It was, he writes in a memoir, "the astonishing American creation in three years, at a cost of two billion dollars, of a formidable array of factories and laboratories—as large as the entire automobile industry of the United States at that date.

But the great mast trees took 80 to 120 years to grow to sufficient diameter. A landowner who planted an acorn could hope his grandchildren or great-grandchildren might harvest it for profit—if the intervening generations could wait so long. Many could not; many did not. Selling timber was an easy means to raise cash; landowners from the king on down took advantage of the opportunity whenever their purses emptied.

I mean … we'd just passed our one-year dating anniversary. I figured I was a sort of long-term investment for her. She hoped I would pay dividends eventually; if I died now, she would've put up with all my annoying qualities for nothing.

The way to become rich is to make money, my dear Edna, not to save it

Modul cel mai sigur de a te îmbog??i este s? câÈ™tigi bani, scumpa mea Edna, nu s?-i economiseÈ™ti, veni replica lui.

Never begrudge the seed you sow in good soil, for it is the harvest that comes from that sowing that will determine whether you live or die next spring. Think not only for this day, but for the one that is to come.

My writing tools were my most precious belongings. My best quill pen was made from a raven's feather . . . I was often so poor that I could not pay my mantua-maker, but I always invested in the best ink and parchment. I smoothed it with pumice stone till it was as white and fine as my own skin, ready to absorb the rapid scratching of my quill

Marcus Goldman in 1869 launched what would become Goldman, Sachs & Company and pioneered the use of what is known today as commercial paper. In return for lending a merchant, say, $900, Goldman would receive a written promise from the merchant to pay back $1,000. That paper could then be traded like a security.

in the end there's no way to get rich crops out of poor earth.

again and opened the other. "This is my financing.