Quotes About Finance

The stock market has predicted nine out of the last five recessions.

Tangier is more New York than New York. ... Then you must see how alike the two places are. The life revolves wholly about the making of money. Practically everyone is dishonest. In New York you have Wall Street, here you have the Bourse. ... In New York you have the slick financiers, here the money changers. In New York you have your racketeers. Here you have your smugglers. And you have every nationality and no civic pride.

There are plenty of ways to get ahead. The first is so basic I'm almost embarrassed to say it: spend less than you earn

There are only two things you have to know about business: build something users love, and make more than you spend. If you get these two right, you'll be ahead of most startups. You can figure out the rest as you go.

Successful stock-picking isn't mysterious, but it does take some time, effort, and analysis. And the effort is worthwhile because stocks are a convenient and important part of most investors' portfolios.

nothing (and I mean nothing!) has a greater effect on investing and economics than government.

Every person has short-term goals. Some are modest, such as setting aside money for a vacation next month or paying for medical bills. Other short-term goals are more ambitious, such as accruing funds for a down payment to purchase a new home within six months. Whatever the expense or purchase, you need a predictable accumulation of cash soon. If this sounds like your situation, stay away from the stock market!

another indicator of how well the company is doing is to see whether management is buying stock in the company as well.

Monitor your stocks. Hold on to stocks that continue to have growth potential, and sell those stocks with declining prospects.

Make a diligent effort to control and reduce your debt; otherwise, the debt can become too burdensome.

Maintaining a positive cash flow (more money coming in than going out) helps you increase your net worth.

market capitalization (or market cap).

When figuring out what to do in the investment world, most professionals use one of two basic approaches: fundamental analysis and technical analysis (many use some combination of the two).

If international investing interests you and you see it as a good way to be more diversified (beyond the U.S. stock market), then consider exchange-traded funds (ETFs) as a convenient way to do it.

Beta is a statistical measure that attempts to give the investor a clue as to how volatile a stock may be.

Check out what's happening when you hear about heavier-than-usual volume (especially if you already own the stock).

When you have conservative Republican stalwarts like Jim Demint (South Carolina) and Ron Paul (Texas) as well as self-identified Democratic socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left.

tremendous profits

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

Tape reading is a lost art that today is not very useful.

Some jobs you do - maybe you don't - are jobs that pay mortgages and some are art and I don't care about not being paid on those.

I'm not such an artist type that I can't handle the real world. I read the financial pages, because most people don't talk about art.

Most museums - with all their burdens to pay for exhibitions, administration, and security - really don't have any money really to acquire art, with few exceptions.

I always had a fairly decent income, coming in just from the art.