Mikhail S. Gorbachev: Market Capitalism

Posted by admin on Monday, November 19, 2018

Mikhail S. Gorbachev Money Quote saying the marketplace didn’t spring from the mind of a capitalist – it has existed as long as trade has – forever. Mikhail S. Gorbachev said:
 

 

“The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization” — Mikhail S. Gorbachev

 
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Martin Luther King Jr: Socialism for Rich

Posted by admin on Wednesday, September 19, 2018

Martin Luther King Jr. Money Quote saying we only believe in socialism when it benefits corporations and businesses, but insist on capitalism for those in poverty. Martin Luther King Jr. said:
 

 

“We all too often have socialism for the rich and rugged free market capitalism for the poor” — Martin Luther King, Jr.

 
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Born: January 15, 1929 – Died (assasinated) April 4, 1968
 
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Warren Buffett: Keep on Buying America

Posted by admin on Tuesday, July 4, 2017

Warren Buffett Money Quote saying investing in the stock market should not be done with short term intentions, but rather over the long haul for wealth accumulation. Warren Buffett said:

They shouldn’t listen to a lot of jabbering about what the market’s going to do tomorrow or next week or next month, because nobody knows. They should just keep buying and buying and buying a little bit of America as they go along. And 30 or 40 years from now, they will have a lot of money
— Warren Buffett

Kim Dotcom: Markets Fueled by Fantasy

Posted by admin on Friday, July 10, 2015

Kim Dotcom Money Quotation saying fiat currency fuels stock markets by mutual fantasy and no reality. Kim Dotcom said:

Markets are a fragile fantasy fueled by printed money that isn’t linked to real value
— Kim Dotcom

Markets are a fragile fantasy fueled by printed money that isn't linked to real value. Greece is a loaded reality shotgun. Pull the trigger?

— Kim Dotcom (@KimDotcom) June 20, 2015

Robert Frost on Poets on Trial

Posted by admin on Wednesday, November 5, 2014

Robert Frost Money Quotation saying writers look down on payment for creativity but each will be judged by payment whether rich or poor. Robert Frost said:

Modern poets talk against business, poor things, but all of us write for money. Beginners are subjected to trial by market
— Robert Frost

Warren Buffett on Value Investment

Posted by admin on Thursday, September 5, 2013

Warren Buffett Money Quotation saying don’t invest for the short term, be happy for growth over time and long term value of the investment. Warren Buffett said:

Only buy something that you’d be perfectly happy to hold if the market shut down for ten years

— Warren Buffett

Doug Pike: Breaking Investment Rules

Posted by admin on Wednesday, August 7, 2013

Doug Pike Money Quotation asking Is it possible using an investment rules mistake jar as market strategy could keep a frugal investor afloat in stormy financial seas?. Doug Pike said in Splattered on the Road to Wealth said:
 

 

Every time I break one of my investment rules, I put $10 in the mistake jar. As of today, it’s worth more than my portfolio — Doug Pike

 
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Anita Roddick: Heartfelt Economics

Posted by admin on Wednesday, April 18, 2012

Anita Roddick Money Quotation saying The stock market has no concern for feelings or emotions even though investors control the finances of the world. Anita Roddick said:

The market controls everything, but the market has no heart

— Anita Roddick