Quotes About Finance

In another paper, titled "Boys Will Be Boys," they showed that men acted on their useless ideas significantly more often than women, and that as a result women achieved better investment results than men.

Scholars in other disciplines found it useful, and the ideas of heuristics and biases have been used productively in many fields, including medical diagnosis, legal judgment, intelligence analysis, philosophy, finance, statistics, and military strategy.

for a large majority of fund managers, the selection of stocks is more like rolling dice than like playing poker. Typically at least two out of every three mutual funds underperform the overall market in any given year.

In a paper titled "Trading Is Hazardous to Your Wealth," they showed that, on average, the most active traders had the poorest results, while the investors who traded the least earned the highest returns.

the evidence from more than fifty years of research is conclusive: for a large majority of fund managers, the selection of stocks is more like rolling dice than like playing poker.

The federal debt in this country is principally of Republican design.

I have no idea how much money I've got.

Russian Laundromat?

German powerhouse Deutsche Bank AG

lo que importa no es quien dispara, sino quien paga la bala.

four million Danish kroner

When you're dealing with Switzerland, Mr. Allon, it's best to keep one thing in mind. Switzerland is not a real country. It's a business, and it's run like a business. It's a business that is constantly in a defensive posture. It's been that way for seven hundred years.

An unlimited power to tax involves, necessarily, the power to destroy.

A disordered currency is one of the greatest political evils.

The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the US since the days of Andrew Jackson," President Roosevelt wrote in a confidential letter to US diplomat Edward Mandell House in 1933. Of course, this statement was not made public.

Now $12 on the $100 for money to be paid back regularly over half a year works out to something like forty-eight per cent real interest.

Currency obviously is a very important factor in any global business.

Congress shall also create a tax code weighing more than the combined poundage of the largest member of the House and the largest member of the Senate, plus a standard musk ox.

It's income tax time again, Americans: time to gather up those receipts, get out those tax forms, sharpen up that pencil, and stab yourself in the aorta.

Perhaps you are thinking: 'But a tank costs several million dollars, not including floor mats. I don't have that kind of money.' Don't be silly. You're a consumer, right? You have credit cards, right? Perhaps you are thinking: 'Yes, but how am I going to pay the credit-card company?' Don't be silly. You have a tank, right?

Savings without a mission is garbage. Your money needs to work for you, not lie around you.

The German root word for "debt" is the same as for "guilt.

If you keep a $495 car payment throughout your life, which is "normal," you miss the opportunity to save that money. If you invested $495 per month from age twenty-five to age sixty-five, a normal working lifetime, in the average mutual fund averaging 12 percent (the eighty-year stock market average), you would have $5,881,799.14 at age sixty-five. Hope you like the car!

If you keep doing the same things, you will keep getting the same results. You are where you are now financially as a sum total of the decisions you've made to this point.