Quotes About Money

There is nothing reliable to be learned about making money. If there were, study would be intense and everyone with a positive IQ would be rich.

The second factor contributing to speculative euphoria and programmed collapse is the specious association of money and intelligence.

The process by which money is created is so simply that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent.

Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be.

Nothing in modern attitudes is believed more to signify exceptional intelligence than association with large pools of money. Only immediate experience with those so situated denies the myth.

There is the possibility, even the likelihood, of self-approving and extravagantly error-prone behavior on the part of those closely associated with money.

Contributing to and supporting this euphoria are two further factors little noted in our time or in past times. The first is the extreme brevity of the financial memory. ... The second ... is the specious association of money and intelligence.

The only remedy, in fact, is an enhanced skepticism that would resolutely associate too evident optimism with probable foolishness and that would not associate intelligence with the acquisition, the deployment, or, for that matter, the administration of large sums of money.

To these there are no answers; no one knows, and anyone who presumes to answer does not know he doesn't know. But one thing is certain: there will be another of these episodes and yet more beyond. Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be.

In the chapters that follow, we will see, and repeatedly, how the investing public is fascinated and captured by the great financial mind. That fascination derives, in turn, from the scale of the financial operations and the feeling that, with so much money involved, the mental resources behind them cannot be less. Only

The rule is that financial operations do not lend themselves to innovation. What

Let the following be one of the unfailing rules by which the individual investor and, needless to say, the pension and other institutional-fund manager are guided: there is the possibility, even the likelihood, of self-approving and extravagantly error-prone behavior on the part of those closely associated with money. Let that also be the continuing lesson of this essay.

It is possible to see here again the constants in these matters. Associated with the wealth of the Banque Royale, Law was a genius—intelligence, as ever, derived from association with money. When the wealth dissolved and disappeared, he was a fugitive mercilessly reviled.

Leverage was magnificently available

I began at that point the emotional examination to note how far my convalescence had gone — I was taller, bigger generally in relation to these stairs, I had more money and success and "security" than in the days when specters seemed to go up and down with me.

I was asked in an interview which was more important: money or love? I told the interviewer that if he had to ask the question, he wouldn't understand the answer.

Ah, yes, divorce, from the Latin word meaning to rip out a man's genitals through his wallet. ROBIN WILLIAMS

These costs include the time, effort, and money spent in the process of doing business—both those incurred by the buyer in addition to the actual price paid, and those incurred by the seller in making the sale.11

The amount of money we spend on education is important, but not nearly as important as how the money is spent.

When I was young I didn't care about education, just money and box office.

We don't have the money in America to keep paying for the education of everybody else's children from around the world. We simply don't have the financial resources to do that.

I very much support financial education in schools.

In Brazil there are more Avon ladies than members of the army. In the United States more money is spent on beauty than on education or social services.

Educate yourself. Understand what you're dealing with. Then figure out how to fight it. Then figure out how to raise money for that fight. It'll help you cope. It'll help your child.