Investment in knowledge pays the best interest.
If all you have is a hammer, everything looks like a nail.
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
People perform well in a crisis and when the spotlight is on them; it’s on the Sunday afternoons when nobody is looking that the spirit falters.
It is a kind of spiritual snobbery that makes people think they can be happy without money.
Make everything as simple as possible, but not simpler.
Compound interest is the eighth wonder of the world.
When all you care about is money, eventually you get Dubai.
Man cannot remake himself without suffering for he is both the marble and the sculptor.
When a man with money meets a man with experience, the man with experience leaves with money and the man with money leaves with experience.
There are no pockets in a shroud.
It’s a wonderful feeling when you discover some evidence to support your beliefs.
I never lose – either I win or I learn.
One must learn by doing the thing, for though you think you know it, you have no certainty until you try.
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
The question isn’t who is going to let me, it’s who is going to stop me.
It’s hard to beat a person who never gives up.
Good judgement comes from experience, and experience comes from bad judgement.
Beware of little expenses. A small leak will sink a great ship.
If you would know the value of money, go and try to borrow some.
When you’re finished changing, you’re finished.
In the short run, the market is a voting machine; in the long run, it’s a weighing machine.
The investor’s worst enemy is likely to be himself.
Individuals who cannot master their emotions are ill-suited to profit from the investment process.
Success is a lousy teacher. It seduces smart people into thinking that they can’t lose.
Most people overestimate what they can do in one year and underestimate what they can do in ten years.
A bank is a place that will lend you money if you can prove that you don’t need it.
Tough times don’t last, tough blokes do.
If you spend too much time thinking about a thing, you’ll never get it done.
It is better to travel well than to arrive.
If we are facing in the right direction all we have to do is keep on walking.
Nothing in this world can take the place of persistence.
Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
If you want something done right, do it yourself.
Someone will always be getting richer faster than you. This is not a tragedy.
The first $100,000 is a bitch.
There is only one success – to be able to spend your life in your own way.
Big shots are only little shots who keep shooting.
There are three ingredients in the good life: learning, earning and yearning.
Act like you expect to get into the end zone.
Lots of times you have to pretend to join a parade in which you’re not really interested in order to get where you’re going.
I hear and I forget. I see and I remember. I do and I understand.
It is better to light one small candle than to curse the darkness.
The man who moves a mountain begins by carrying away small stones.
By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest.
The best advice comes from those who aren’t selling it.
The race is not always to the swift, nor the battle to the strong, but that’s the way to bet.
A lone amateur built the Ark. A large group of professionals built the Titanic.
Anybody who thinks money will make them happy hasn’t got money.
Most music critics love Elvis Costello because most music critics look like Elvis Costello.
Sometimes your best investments are the ones you don’t make.
Sincerity – if you can fake that, you’ve got it made.
If you can’t take a small loss, sooner or later you will take the mother of all losses.
Everybody gets what they want out of the market.
To avoid criticism, do nothing, say nothing and be nothing.
Money is the best deodorant.
A smooth sea never made a skilled sailor.
Wealth consists not in having great possessions, but in having few wants.
I try not to borrow, first you borrow then you beg.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.
My problem lies in reconciling my gross habits with my net income.
Experience is that marvellous thing that enables you to recognise a mistake when you make it again.
He who would learn to fly one day must first learn to stand and walk and run and climb and dance.
In preparing for battle, I have always found that plans are useless but planning is indispensable.
I learned long ago, never to wrestle with a pig. You get dirty, and besides, the pig likes it.
Lack of money is the root of all evil.
A government that robs Peter to pay Paul can always depend on the support of Paul.
I spent a lot of money on booze, birds and fast cars. The rest I just squandered.
Those who do not remember the past are condemned to repeat it.
If you’ve never missed a flight, you’re probably spending too much time in airports.
In any successful enterprise, there must be an uneven number of directors and three is too many.
Money is just a way of keeping score.
The price of anything is the amount of life you exchange for it.
Wealth is the ability to fully experience life.
Never look back unless you are planning to go that way.
That man is rich whose pleasures are the cheapest.
We should distrust any enterprise that requires new clothes.
In the long run, men hit only what they aim at. Therefore, they had better aim at something high.
A man is rich in proportion to the number of things he can afford to let alone.
If you think you can do a thing or think you can’t do a thing, you’re right.
Obstacles are those frightful things you see when you take your eyes off your goal.
Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young.
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.
Quality means doing it right when no one is looking.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
The ultimate result of shielding men from the effects of folly is to fill the world with fools.
If riskier investments could be counted on to produce higher returns, they wouldn’t be riskier.
Try to save something while your salary is small; it’s impossible to save after you begin to earn more.
There are two types of investor: those who don’t know where the market is headed and those who don’t know that they don’t know.
Behold the turtle. He makes progress only when he sticks his neck out.
Fall down seven times, get up eight.
When markets fall, an investor who has courage but lacks cash is as powerless as one who has cash but no courage.
In the end, how your investments behave is much less important than how you behave.
If I wanted you to understand it, I would have explained it better.
Let everyone sweep in front of his own door, and the whole world will be clean.
In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.
Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.
Under capitalism, man exploits man. Under communism, it’s just the opposite.
The only function of economic forecasting is to make astrology look respectable.
In the long run, we are all dead.
Markets can remain irrational longer than you can remain solvent.
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
It is better for the reputation to fail conventionally than to succeed unconventionally.
My formula for success is rise early, work late and strike oil.
Bull markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria.
Courage is being scared to death, but saddling up anyway.
A wise person should have money in their head, but not in their heart.
If your ship doesn’t come in, swim out to meet it.
A journey of a thousand miles must begin with a single step.
There are idiots. Look around.
Simplicity is the ultimate sophistication.
It has long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.
If you don’t know where you are going, any road will get you there.
People will believe anything if you whisper it.
I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.
No-one would remember the Good Samaritan if he’d only had good intentions; he had money as well.
If you have everything under control you’re not moving fast enough.
October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.
It’s easier to fool people than it is to convince them that they have been fooled.
The secret of getting ahead is getting started.
Never argue with a fool, onlookers may not be able to tell the difference.
Never argue with stupid people. They will drag you down to their level and then beat you with experience.
You don’t have to see the whole staircase – just take the first step.
Everyone has a plan ’till they get punched in the mouth.
Never try to walk across a river just because it has an average depth of four feet.
Most people don’t want to become a millionaire. They want to spend a million dollars, which is the exact opposite thing.
A man who views the world the same at fifty as he did at twenty has wasted thirty years of his life.
A quitter never wins and a winner never quits.
Every time you borrow money, you’re robbing your future self.
I’m not young enough to know everything.
Happiness is a shadow of harmony; it follows harmony. There is no other way to be happy.
Money is a terrible master but an excellent servant.
I’d like to live as a poor man with lots of money.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Everyone has the brainpower to make money in stocks. Not everyone has the stomach.
Never invest in any idea you can’t illustrate with a crayon.
I’m always fully invested. It’s a great feeling to be caught with your pants up.
We have met the enemy and he is us.
You could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline.
There are 100 billion stars – fewer than the deficit. They are economical not astronomical numbers.
The best way out is always through.
Recession is when a neighbour loses his job. Depression is when you lose yours.
Ever tried? Ever failed? No matter. Try Again. Fail again. Fail better.
I cant go on. I’ll go on.
There’s man all over for you, blaming on his boots the fault of his feet.
Safe is risky.
The single greatest edge an investor can have is a long term orientation.
The four most dangerous words in investing are: ‘this time it’s different.’
It is better to give than to lend, and it costs about the same.
Count no man happy until he be dead.
He who does not work, neither shall he eat.
The only punch you never see is the one that puts you on the canvas.
Every battle is decided before it is ever fought.
All artists are socialists until they see another artist with a bigger house.
Opportunity is missed by most people because it is dressed in overalls and looks like work.
The only place where success comes before work is in the dictionary.
The fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore.
Rule number one: never lose money. Rule number two: never forget rule number one.
What we really want to do is buy businesses that we would be happy to own forever.
The market, like the Lord, helps those who help themselves. But unlike the Lord, the market does not forgive those who know not what they do.
Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn’t do any good to look at the cards.
You should invest in a business that even a fool can run, because someday a fool will.
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
It is not necessary to do extraordinary things to get extraordinary results.
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
Someone’s sitting in the shade today because someone planted a tree a long time ago.
We don’t have to be smarter than the rest. We have to be more disciplined that the rest.
If you buy things you do not need, soon you will have to sell things you need.
Do not save what if left after spending, but spend what is left after saving.
No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.
Just about the only way a smart person can go broke is to borrow money.
You miss 100% of the shots you never take.
Don’t gamble; take all your savings and buy some good stock, and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.
Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like.
It matters not how strait the gate, how charged with punishments the scroll. I am the master of my fate: I am the captain of my soul.
However beautiful the strategy, you should occasionally look at the results.
For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
If you put two economists in a room you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions
Eighty percent of success is showing up.
Do or do not. There is no try.
It’s tough to make predictions, especially about the future.
In theory there is no difference between theory and practice. In practice there is.
