Kim Dotcom: Markets Fueled by Fantasy

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

In this quote, internet entrepreneur Kim Dotcom is expressing a skeptical view of financial markets and modern monetary systems. His perspective seems to be that markets are vulnerable structures based more on perception and confidence than tangible assets, since they are “fueled” to a large degree by money created through central bank policies rather than commodity backing.

Dotcom implies this money lacks “real value” and is ultimately a social construct vulnerable to shifts in sentiment. His view appears to be that markets exist in a precarious state maintained by collective belief in a currency “fantasy” detached from material wealth.

The quote conveys Dotcom’s belief that current financial arrangements are not as concretely grounded or stable as commonly assumed, and are dependent on perceptions remaining positive among those participating in the “fragile fantasy” of market valuation and currency trust.

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

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

This Robert Frost quote is commenting on the relationship between poets and the business/market aspects of writing poetry. He acknowledges that even though some modern poets criticize business, all poets ultimately write with the goal of making money.

The quote also suggests that beginning poets have to prove themselves commercially by whether their work sells in the market. So Frost is acknowledging the reality that poetry, like any artistic endeavor, requires commercial success to some degree in order to have a career as a poet.

The “trial by market” line indicates that new poets must face scrutiny from the public marketplace to determine if their work is worth supporting financially.

Birthday: March 26, 1874 – Death: January 29, 1963

Warren Buffett on Value Investment

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

The money quote above emphasizes the importance of investing for the long term, rather than focusing on short-term gains or losses. Buffett is suggesting that investors should only put their money into companies that they believe in and would be willing to hold on to, even if there was a major disruption in the stock market that prevented them from selling for a long period.

By only investing in companies you think are well-run and have solid long-term prospects, you won’t feel forced to sell during periods of volatility. This allows your investments to ride out downturns and benefit from long-term growth. The quote encourages patience and discipline, rather than panicking over short-term price fluctuations.

Doug Pike: Breaking Investment Rules

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

The humor comes from the irony of the situation. While the character intends the “mistake jar” as a penalty for breaking investment rules, the joke is that the money in the jar has grown to be worth more than their actual investment portfolio.

Even though they were trying to follow rules and invest wisely, their mistakes have paradoxically resulted in more financial success than their intended investments.

This taps into the relatable experience of not always making the best decisions even when trying to be prudent.

Anita Roddick: Heartfelt Economics

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

The quote “The market controls everything, but the market has no heart” by Anita Roddick refers to the limitations of free market capitalism when it comes to addressing social and moral issues.

Roddick is pointing out that while market forces and economic incentives dominate much of society and decision making, the market is concerned only with profits and efficiency, not with values like compassion, fairness or community well-being.

According to Roddick’s view, relying solely on the market ignores important non-financial considerations since the market is indifferent to humanistic or ethical concerns by its design.

The quote suggests that for a system to be truly healthy and balanced, the “heart” or conscience of humanism must also have a role in complementing and tempering the objectives of the profit motive that currently “controls everything.”

Birthday: October 23, 1942 – Death: September 10, 2007

Arthur Bloch: Market Predictions

Funny Money Quotes: We all believe we can predict the future of the market, but very few can know what happens after their prognostication proves out. Arthur Bloch said:
 

 

“You may know where the market is going, but you can’t possibly know where it’s going after that” — Arthur Bloch

This quote from Arthur Bloch suggests that while it may be possible to predict the short-term direction of the financial markets or economy, it is impossible to foresee all future developments and changes beyond the immediate future. No matter how knowledgeable one is, unforeseen events can always occur that alter the course of markets in ways that were not expected.

So even if you think you know what will happen next in the markets, you cannot truly know with certainty what will happen in the longer term beyond that. It’s a reminder that predicting the very long-term movements of complex systems like markets is a difficult and inexact task.