Quotes About Finance

The secret of getting rich slowly but surely is the miracle of compound interest. Albert Einstein is said to have described compound interest as the most powerful force in the universe. The concept simply involves earning a return not only on your original savings but also on the accumulated interest that you have earned on your past investment of your savings.

There are two times in a man's life when he should not speculate: when he can't afford it, and when he can. —Mark Twain, Following the Equator INVESTMENT

14 A LIFE-CYCLE GUIDE TO INVESTING There are two times in a man's life when he should not speculate: when he can't afford it, and when he can. —Mark Twain, Following the Equator INVESTMENT STRATEGY NEEDS to be keyed to one's life cycle.

It is not hard to make money in the market.

among married couples the person who actually makes out the mortgage check is likely to be more cautious about spending money than the person who doesn't. There is something sobering about sending away that much money every month in the knowledge that, rain or shine, you'll have to come up with the same amount of money the next month and the month after that.

Sometimes a man has got to hock his sweet used-to-be in order to finance his present situation...

It is capitalism, not Marxism, that trades in futures.

But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance.

Whole new theories of money were growing here like mushrooms: in the dark and based on bullshit.

They'd saved the city with gold more easily, at that point, than any hero could have managed with steel. But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever—provided, naturally, that you don't go and look. This is known as Finance.

The bankers got the free use of the money a part of the time, the brokers another part: the officials made money, and the brokers received a fat commission.

A real man—a financier—was never a tool. He used tools. He created. He led. Clearly

I've been a financial journalist for 30 years.

You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions, and things that really allow us to blend the best of technology and the human brain.

When it comes to investments, I have to go to someone else to understand them, but then I have to make a judgment. I can't do that if I don't have a basic understanding myself.

I hated being a junior investment banker. I loved the research business, the wealth management business.

Just because you can afford it doesn't mean you should buy it.

I see myself in business. I'm good with numbers. It's just something that interests me.

We don't have a good legal justification for breaking up the banking system.

I know that I can cook well on a low budget so I can't really justify spending a fortune on food.

My view is that Justin Trudeau will raise taxes on everyone.

Just put down 9/11... I think, on most things I'm liberal, except on defending ourselves and keeping half the money. Those things I'm kind of conservative on.

I didn't end up going bankrupt... I made some great investments and I held on to my money, which also enables me to have the freedom to do what I want now. But it's not about finances. No matter what, it's about keeping it real.

Any idiot can make money. Keeping money, very few can do.