Posts Tagged ‘commodity’

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Hugh Laurie: Vulgar Commodity

Posted by admin on Thursday, March 16, 2023

Meaning of Hugh Laurie Money Quote: saying cash starts as a vulgar commodity and becomes a useful tool to buy stuff. Hugh Laurie said:

 
pretty vulgar commodity, is that you can use it to buy things Quote
 

“The only good thing I’ve ever noticed about money, the only positive aspect of an otherwise pretty vulgar commodity, is that you can use it to buy things” — Hugh Laurie

 

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Charlie Munger: Crypto Gambling

Posted by admin on Friday, February 10, 2023

Meaning of Charlie Munger Money Quote: saying Crypto is not a currency, it is a gambling contract with 100% favor for the house. Charlie Munger said:
 
cryptocurrency is not a currency, not a commodity, and not a security. 
It’s a gambling contract with 100% edge for the house Quote
 

“A cryptocurrency is not a currency, not a commodity, and not a security.
 Instead, it’s a gambling contract with a nearly 100% edge for the house” — Charlie Munger

 

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Steve Goodier: Money Commodity

Posted by admin on Thursday, October 27, 2022

Meaning of Steve Goodier Money Quote: saying there are many ways to give beyond just money – give whatever you can offer to those in need. Steve Goodier said:
 
Money is not the only commodity that is fun to give. We can give time, we can give our expertise, we can give our love or simply give a smile. What does that cost? Quote
 

“Money is not the only commodity that is fun to give. We can give time, we can give our expertise, we can give our love or simply give a smile. What does that cost? The point is, none of us can ever run out of something worthwhile to give” — Steve Goodier

 

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David Hume: Commerce Exchange

Posted by admin on Wednesday, February 23, 2022

Money is not one of the subjects of commerce; but only the instrument which exchange of one commodity for another. David Hume said:
 
 
Money is not one of the subjects of commerce; but only the instrument which exchange of one commodity for another Quote
 

“Money is not, properly speaking, one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange of one commodity for another” — David Hume

 

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Ralph Waldo Emerson: Commodity

Posted by admin on Monday, August 3, 2020

Ralph Waldo Emerson Money Quote saying money can be represented by products we all need in some form. Ralph Waldo Emerson said:
 
Money is the representative of a certain quantity of corn or other commodity. It is so much warmth, so much bread Quote
 

“Money is the representative of a certain quantity of corn or other commodity. It is so much warmth, so much bread” — Ralph Waldo Emerson

 

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Warren Buffett: Commodities Bet

Posted by admin on Friday, May 22, 2020

Warren Buffett Money Quote saying that commodities require an increase in value over time to be profitable, whereas other investments produce ongoing income. Warren Buffett said:
 
The commodity itself isn't going to do anything for you… it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time Quote
 

“The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn’t going to do anything for you… it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time” — Warren Buffett

 

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Warren Buffett: Commodity Smart

Posted by admin on Thursday, May 21, 2020

Warren Buffett Money Quote saying that commodities don’t require much intelligence. Warren Buffett said:
 
In a commodity business, it's very hard to be smarter than your dumbest competitor Quote
 

“In a commodity business, it’s very hard to be smarter than your dumbest competitor” — Warren Buffett

 

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Robert Crumb: Commodity Culture

Posted by admin on Friday, August 30, 2019

Robert Crumb Money Quote saying business and generating income makes every object something to be purchased. Robert Crumb said:
 
I hate business, having to deal with money. Money is one of the most hateful inventions of the human race. I hate the commodity culture, in which everything is bought and sold Quote
 

“I hate business, having to deal with money. Money is one of the most hateful inventions of the human race. I hate the commodity culture, in which everything is bought and sold” — Robert Crumb

 

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