Vegetarian Ideal

Nothing will benefit human health and increase the chances for survival of life on Earth
as much as the evolution to a vegetarian diet.
- Albert Einstein

Small acts, when multiplied by millions of people, can transform the world. - Howard Zinn


Affirmation of life is the spiritual act by which man ceases to live thoughtlessly and begins to devote himself to his life
with reverence in order to give it true value.
— Albert Schweitzer


Investment-related quotes

I’ve compiled a list of my favorite investment-related quotes.  They come from a range of sources – including many outside the world of finance.  I hope that they provide wisdom and inspiration for the year ahead.

There are only two kinds of forecasters – those who don’t know and those who don’t know they don’t know. 
John Kenneth Galbraith

A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.
Robert Frost

When the tide goes out you can see who has been swimming naked.
Warren Buffett

Be fearful when others are greedy and greedy when others are fearful.
Warren Buffett

Short-term clients look for gurus.  Long-term clients want sages.  There are no gurus.
Harold Evensky

Security is mostly a superstition; it doesn’t exist in nature.
Helen Keller

For all long-term investors, there is only one objective – maximum total real return after taxes.
John Templeton

 “Send your grain across the seas,
and in time, profits will flow back to you.
But divide your investments among many places,
for you do not know what risks might lie ahead.
When clouds are heavy, the rains come down…
…Farmers who wait for perfect weather never plant.
If they watch every cloud, they never harvest…
…Plant your seed in the morning and keep busy all afternoon, for you don’t know if profit will come from one activity or another – or maybe both…”
King Solomon

The beginning is the most important part of the work.

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
Suze Orman

He who wishes to be rich in a day will be hanged in a year.
Leonardo da Vinci

Everything should be made as simple as possible, but not simpler. 
Albert Einstein

Compound interest is the most powerful force on earth.
Albert Einstein

It’s not that I am smarter; I just stay with problems longer.
Albert Einstein

He that cannot abide a bad market, deserves not a good one.
John Ray 

The evidence on investment managers’ success with market timing is impressive – and overwhelmingly negative.
Charles D. Ellis 

Money is of a prolific generating nature.  Money can beget money, and its offspring can beget more.
Benjamin Franklin

Time is Archimedes’ lever in investing.
Charles D. Ellis 

Change is the investor’s only certainty.
T. Rowe Price, Jr.

The nightingale which cannot bear the thorn – it is best that it should never speak of the rose.

Risk drives returns.
Charles Ellis

You have to pick what you’re going to be worried about.  Markets are volatile, but retirement is certain.
Nick Murray

Not to decide is to decide.
Gary Helms

Pay tax on what you take not what you make.  If you can eliminate the government as 39.6% partner, then you will be much better off.
Warren Buffett

Any security specific selection decision is preceded either implicitly or explicitly by an asset allocation decision.
Scott Lummer and Mark Riepe

The most treasured asset in investment management is a steady hand at the tiller.
Robert Arnott

The art of taxation consists in so plucking the goose as to get the most feathers with the least hissing.
Jean Batiste Colbert

What the wise man does in the beginning, the fool does in the end.

Whenever you find yourself on the side of the majority, it is time to reform. "It ain't what you don't know that gets you into trouble.  It's what you know for certain that just ain't true."  Thinking that you know the future.
Mark Twain

Never forget the six-foot tall man who drowned crossing the river that was five feet deep on average.  The important thing to remember about investing is that it is not sufficient to set up a portfolio that will survive on average.  The key is to survive at the low ends.
Howard Marks

"Risk means more things can happen than will happen.”  It is not standard deviation.  It is not variability.  It is this sense that the future events are highly variable and unknowable that gives us the best sense for risk.
Elroy Dimson

Smart investing doesn't consist of buying good assets, but of buying assets well.  This is a very, very important distinction that very, very few people understand.
Howard Marks 

As weather is to climate, so is the short term to the long term, if we think of forming an outlook or forecast.
Howard Marks

Markets act on new information which by definition nobody has.

I have enough money to last me the rest of my life, unless I buy something.
Jackie Mason

The Best Investment-Related Quotes

No comments:

Post a Comment