Rudyard Kipling: Price Owning You

Meaning of Rudyard Kipling Money Quote: saying not cost is too much to own yourself (also attributed to Friedrich Nietzsche). Rudyard Kipling said:

 

 

“But no price is too high to pay for the privilege of owning yourself” — Rudyard Kipling

The quote is often interpreted as a statement about the importance of individual autonomy and the willingness to take risks and embrace challenges in order to achieve personal growth. It is also seen as a rejection of the idea that individuals should conform to societal expectations or norms, and instead, they should strive to be true to themselves and their own values.

This quote is attributed to both Rudyard Kipling and Friedrich Nietzsche because the exact origins are unclear. While the money quote states Kipling said it, the sentiment is similar to ideas expressed by Nietzsche. Nietzsche wrote about the importance of individual autonomy and living according to your own values rather than society’s expectations.

Since the quote’s meaning aligns with his philosophy, it became associated with him as well over time. Scholars have not been able to definitively say which thinker coined the exact words. So both Kipling and Nietzsche are cited as the possible original sources.

Birthday: December 30, 1865 – Death: January 18, 1936

Esther Dyson: Owning IP Payoff

Esther Dyson Money Quote saying Owning IP requires regular investment to get a payoff – instead of simply collecting rent. Esther Dyson said:
 

 

“Owning the intellectual property is like owning land: You need to keep investing in it again and again to get a payoff; you can’t simply sit back and collect rent” — Esther Dyson

In this quote, Esther Dyson is drawing a comparison between intellectual property (IP) and owning land as an asset. She suggests that while land ownership can generate ongoing income through rent collection, intellectual property is not passive in the same way.

Dyson states that with IP, one must continuously “invest in it again and again” through ongoing development, marketing and legal protection in order to “get a payoff” in the form of revenue generation.

Her view is that IP requires active stewardship and further development over time to maintain its value, unlike land which can passively generate income.

The quote conveys Dyson’s message that intellectual property must be nurtured and expanded continually through work in order to yield financial returns, rather than being a static asset from which money can be earned without further effort.

Daniel Kahneman: Owning Stocks

Daniel Kahneman Money Quote saying long-term investing requires ignoring short-term losses or it can make you miserable. Daniel Kahneman said:
 

 

“If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It’s the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you’ll be miserable” — Daniel Kahneman

In this quote, Nobel Prize-winning psychologist Daniel Kahneman is offering advice on investing in stocks for the long run. He suggests that if owning stocks is a long-term goal, constantly checking their fluctuating prices in the short term will only cause misery, as people tend to fixate on and be overly sensitive to temporary losses.

Kahneman implies this type of frequent monitoring is psychologically unhealthy and counterproductive to the patient, big-picture approach required for successful long-term investment.

His message conveys that investing should be viewed as a marathon, not a series of sprints, and daily price swings should not distract from the long-term trend if one’s time horizon is measured in years rather than days or months.

Birthday: March 5, 1934 – Death: March 27, 2024

Warren Buffett: Own Stock 10 Years

Warren Buffett Money Quote saying it is best to invest for the long term to be successful at investing. Warren Buffett said:
 

 

“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” — Warren Buffett

He’s suggesting that if you’re not willing to hold onto a stock for a long period of time, then you shouldn’t even consider buying it in the first place. He believes that long-term investing is the key to success in the stock market.

By holding onto a stock for ten years, you’ll be able to ride out any short-term fluctuations and potentially benefit from the company’s long-term growth. Does that make sense?

George Clooney: Like Owning Dirt

George Clooney Money Quote saying Real estate is always a good hedge against losses in your financial life, because it can always be sold if necessary. George Clooney said:
 

 

“I like owning dirt. You know, I spent a lot of time broke when I moved to California. So deep in my soul is still this idea of being un-employed. To me, owning land means you could sell it at some point and have money” — George Clooney

Birthday May 6