Quotes About Finance

The p/e ratio can be thought of as the number of years it will take the company to earn back the amount of your initial investment—assuming, of course, that the company's earnings stay constant.

share of stock is not a lottery ticket. It's part ownership of a business.

Although it's easy to forget sometimes, a share of stock is not a lottery ticket. It's part ownership of a business.

To me, an investment is simply a gamble in which you've managed to tilt the odds in your favor.

If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings.

Only invest what you could afford to lose without that loss having any effect on your daily life in forseable future.

By the way, the odds against making a living in the day-trading business are about the same as the odds against making a living at racetracks, blackjack tables, or video poker.

Houses, like stocks, are most likely to be profitable when they're held for a long period of time. Unlike stocks, houses are likely to be owned by the same person for a number of years—seven, I think, is the average. Compare this to the

Debt is saving in reverse. The more it builds up, the worse off you are.

The old Wall Street adage never invest in anything that eats or needs repairs may apply to racehorses, but it's mlarkey when it comes to houses.

a company.' 'You're losing me, Gerry.' 'High finance and corporate

Those who wonder why the American tax code is so complex, convoluted, and constantly changing fail to appreciate what a wonderful tool it is for extortion.

Blockchains don't solve settlement and compliance issues — they're only more efficient if they can bypass regulation. Libra could only be more efficient than existing systems as long as it could dodge regulation, and none of its competitors could.

After the past few months of the world heaping ordure on Libra

Real finance has human oversight and trusted responsibility all through it — and not automated systems that humans can't touch. Unfortunately, Libra's Bitcoin ancestry was still clear in the design of the system.

A financial system running entirely on smart contract programs on a public blockchain is a big, juicy single target for hackers.

You may be on Facebook lots — but would you trust Facebook with your money? For most people, the answer was "no.

There is no innovation whatsoever. They have literally invented nothing. Libra is possibly the least innovative project to ever come out of Silicon Valley. — Aleksi Grym

The sale is closed when you get the order, collect the check, take it to the bank, and the check clears! —DAVID H. SANDLER

Since the 1970S, financial innova­tions such as the securitisation of mortgage debt and the spreading of investment risks through the creation of derivative markets, all tacitly (and now, as we see, actually) backed by state power, have permitted a huge flow of excess liquidity into all facets of urbanisa­tion and built environment construction worldwide.

i wish there was a thing called stupid tax, which paid for all the stupid things our government does.

economies depend a lot more on perceptions than realities.

Central Bankers are driving us to Hell in a vehicle We are paying the installments on

Compost, gardenias, guaranteed exchange rates, little deals here and there, playing the stock market, and getting sick become a substitute for living.