Posts Tagged ‘investing’

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Charlie Munger: Tooth Fairy Points

Posted by admin on Thursday, August 22, 2019

Charlie Munger Money Quote saying that Berkshire Hathaway doesn’t use trendy strategies that are comparable to children’s fairy tales to invest. Charlie Munger said:
 
I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven percentage points per annum just by investing in high volatility stocks Quote
 

“I think you’d have to believe in the tooth fairy to believe that you could easily outperform the market by seven percentage points per annum just by investing in high volatility stocks” — Charlie Munger

 
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Jim Cramer: Hardest Investing is Holding

Posted by admin on Saturday, June 30, 2018

Jim Cramer Money Quote saying investors need the discipline to hold through downturns so long-term gains can be realized. Jim Cramer said:
 Hardest part of investing is holding through difficult periods and taking short-term pain so you can have long-term gains Quote
 

“The hardest part of investing is holding on through difficult periods and taking short-term pain so you can have long-term gains” — Jim Cramer

 
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Chuck Grassley: Estate Tax Spend or Invest

Posted by admin on Monday, December 4, 2017

Chuck Grassley Money Quote saying he believes that the rich are morally superior and deserve to keep everything in the family when they die instead of tax the wealth to contribute back to society. Chuck Grassley said:
 
Not having Estate Tax recognizes investing, as opposed to those spending every darn penny on booze or women Quote
 

“I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies” — Chuck Grassley

 
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Barack Obama: Investing in Students

Posted by admin on Friday, November 17, 2017

Barack Obama Money Quote saying we should be financially supporting students that can not afford college but have good grades and desire should be able to attend the best schools possible. Barack Obama said:
 
We have an obligation and responsibility to be investing in our students and our schools Quote
 

“We have an obligation and a responsibility to be investing in our students and our schools. We must make sure that people who have the grades, the desire and the will, but not the money, can still get the best education possible” — Barack Obama

 
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#NationalHigherEducationDay #HigherEducationDay
 
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Tony Robbins: Bitcoin Like Vegas

Posted by admin on Sunday, October 1, 2017

Tony Robbins Money Quote saying that because there are lots of risks and because of the volatility in the cryptocurrency market, investing in it is like gambling. Tony Robbins said:
 
This is Vegas - Bitcoin fits that category for me Quote
 

“I’d take a certain amount of money and I’d go – ‘I know it’s just for fun I’m investing. I know I could lose. This is Vegas. And Bitcoin fits that category for me'” — Tony Robbins

 
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Sir John Templeton: This Time is Different

Posted by admin on Sunday, September 10, 2017

Sir John Templeton Money Quote saying the temptation to invest in things too good to be true is stronger than reason and more costly than investors can afford. Sir John Templeton said:
 
This time is different among the most costly words in investing Quote
 

“The investor who says, ‘This time is different,’ when in fact it’s virtually a repeat of an earlier situation, has uttered among the four most costly words in the annals of investing” — Sir John Templeton

 
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Robert G. Allen: Investing in Savings

Posted by admin on Thursday, January 28, 2016

Robert G. Allen Money Quotation saying Savings are not for growth, but for safety and reserves. Invest for growth to get wealthy. Robert G. Allen said:

How many millionaires do you know who have become wealthy by investing in savings accounts?
I rest my case
— Robert G. Allen

Bernie Sanders: Risky Financial Instruments

Posted by admin on Thursday, December 17, 2015

Bernie Sanders Money Quotation saying any bank considered too large to fail should be broken up and investment activities curtailed. Bernie Sanders said:

In my view, if a bank is too big to fail, it is too big to exist. Wall Street cannot continue to be an island unto itself investing trillions in risky financial instruments
— Bernie Sanders

Goldman Sachs Washington Post Headline

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