Quotes About Finance

Never let your wife prevent you from buying equipment. A car will not buy a synthesizer, but a synthesizer can buy a car.

The cheapest car anyone can ever own is always the car they presently own.

Those who want luxury cars should buy them at market rates and not ... abuse public funds.

If you buy a $28,000 car, in four years it will be worth about 11,000 bucks.

I think I'm pretty smart on what I spend my money on. I still don't have a new car, I drive my old car that I've had forever. But I bought a house in downtown Chicago.

I get a handsome amount. I could definitely buy a car off one of my guest appearances. & I'm not talking about a Hyundai.

Don't use your advance to buy an antique sports car, diamonds by the yard, or a bottle of wine from Thomas Jefferson's cellar instead of investing in your book.

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.

only elevenpence in the shilling.

The cupidity centered on bank statements and shareholdings is more difficult to understand than the avarice of an Elizabethan trader.

I love you. You pay my rent.

1540 and 1547 prices rose by 46 per cent; in 1549 they had risen by another 11 per cent.

Markets look a lot less efficient from the banks of the Hudson than from the banks of the Charles.

Discontinuities, irregularities, and volatilities seem to be proliferating rather than diminishing. In the world of finance, new instruments turn up at a bewildering pace, new markets are growing faster than old markets, and global interdependence makes risk management increasingly complex. Economic insecurity, especially in the job market, makes daily headlines. The environment, health

The prevalence of surprise in the world of business is evidence that uncertainty is more likely to prevail than mathematical probability.

If the p/e of Coca-Cola is 15, you'd expect the company to be growing at about 15 percent a year, etc. But if the p/e ratio is less than the growth rate, you may have found yourself a bargain. A company, say, with a growth rate of 12 percent a year (also known as a "12-percent grower") and a p/e ratio of 6 is a very attractive prospect.

My diaries are full of such missed opportunities, but the stock market is merciful—it always gives the nincompoop a second chance.

Most individual investors would be better off in an index mutual fund.

If you're considering a stock on the strength of some specific product that a company makes, the first thing to find out is: What effect will the success of the product have on the company's bottom line?

and magazines and listen to the same economists.

It's best to divide your money among three or four types of stock funds (growth, value, emerging growth, etc.) so you'll always have some money invested in the most profitable sector of the market.

In general, if you polled all the doctors, I'd bet only a small percentage would turn out to be invested in medical stocks, and more would be invested in oil; and if you polled the shoe-store owners, more would be invested in aerospace than in shoes, while the aerospace engineers are more likely to dabble in shoe stocks. Why it is that stock certificates, like grasses, are always greener in somebody else's pasture I'm not sure.

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.

Corporate profits are up fifty-five-fold since World War II, and the stock market is up sixtyfold. Four wars, nine recessions, eight presidents, and one impeachment didn't change that.