Investment in knowledge pays the best interest.

— Abraham Lincoln

If all you have is a hammer, everything looks like a nail.

— Abraham Maslow

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.

— Adam Smith

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.

— Alan Bennett

It is a kind of spiritual snobbery that makes people think they can be happy without money.

— Albert Camus

Make everything as simple as possible, but not simpler.

— Albert Einstein

Compound interest is the eighth wonder of the world.

— Albert Einstein

When all you care about is money, eventually you get Dubai.

— Alex Proud

Man cannot remake himself without suffering for he is both the marble and the sculptor.

— Alexis Carrell

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.

— Anonymous

There are no pockets in a shroud.

— Anonymous

It’s a wonderful feeling when you discover some evidence to support your beliefs.

— Anonymous

I never lose – either I win or I learn.

— Anonymous

One must learn by doing the thing, for though you think you know it, you have no certainty until you try.

— Aristotle

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.

— Ayn Rand

The question isn’t who is going to let me, it’s who is going to stop me.

— Ayn Rand

It’s hard to beat a person who never gives up.

— Babe Ruth

Good judgement comes from experience, and experience comes from bad judgement.

— Barry le Platner

Beware of little expenses. A small leak will sink a great ship.

— Benjamin Franklin

If you would know the value of money, go and try to borrow some.

— Benjamin Franklin

When you’re finished changing, you’re finished.

— Benjamin Franklin

In the short run, the market is a voting machine; in the long run, it’s a weighing machine.

— Benjamin Graham

The investor’s worst enemy is likely to be himself.

— Benjamin Graham

Individuals who cannot master their emotions are ill-suited to profit from the investment process.

— Benjamin Graham

Success is a lousy teacher. It seduces smart people into thinking that they can’t lose.

— Bill Gates

Most people overestimate what they can do in one year and underestimate what they can do in ten years.

— Bill Gates

A bank is a place that will lend you money if you can prove that you don’t need it.

— Bob Hope

Tough times don’t last, tough blokes do.

— Brendon McCullum

If you spend too much time thinking about a thing, you’ll never get it done.

— Bruce Lee

It is better to travel well than to arrive.

— Buddha

If we are facing in the right direction all we have to do is keep on walking.

— Buddhist proverb

Nothing in this world can take the place of persistence.

— Calvin Coolidge

Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.

— Charles Dickens

If you want something done right, do it yourself.

— Charles-Guillaume Étienne

Someone will always be getting richer faster than you. This is not a tragedy.

— Charlie Munger

The first $100,000 is a bitch.

— Charlie Munger

There is only one success – to be able to spend your life in your own way.

— Christopher Morley

Big shots are only little shots who keep shooting.

— Christopher Morley

There are three ingredients in the good life: learning, earning and yearning.

— Christopher Morley

Act like you expect to get into the end zone.

— Christopher Morley

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.

— Christopher Morley

I hear and I forget. I see and I remember. I do and I understand.

— Confucius

It is better to light one small candle than to curse the darkness.

— Confucius

The man who moves a mountain begins by carrying away small stones.

— Confucius

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.

— Confucius

The best advice comes from those who aren’t selling it.

— Curtis Faith

The race is not always to the swift, nor the battle to the strong, but that’s the way to bet.

— Damon Runyan

A lone amateur built the Ark. A large group of professionals built the Titanic.

— Dave Barry

Anybody who thinks money will make them happy hasn’t got money.

— David Geffen

Most music critics love Elvis Costello because most music critics look like Elvis Costello.

— David Lee Roth

Sometimes your best investments are the ones you don’t make.

— Donald Trump

Sincerity – if you can fake that, you’ve got it made.

— Ed Nelson

If you can’t take a small loss, sooner or later you will take the mother of all losses.

— Ed Seykota

Everybody gets what they want out of the market.

— Ed Seykota

To avoid criticism, do nothing, say nothing and be nothing.

— Elbert Hubbard

Money is the best deodorant.

— Elizabeth Taylor

A smooth sea never made a skilled sailor.

— English proverb

Wealth consists not in having great possessions, but in having few wants.

— Epictetus

I try not to borrow, first you borrow then you beg.

— Ernest Hemingway

There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.

— Ernest Hemingway

My problem lies in reconciling my gross habits with my net income.

— Errol Flynn

Experience is that marvellous thing that enables you to recognise a mistake when you make it again.

— Franklyn P Jones

He who would learn to fly one day must first learn to stand and walk and run and climb and dance.

— Friedrich Nietzsche

In preparing for battle, I have always found that plans are useless but planning is indispensable.

— General Eisenhower

I learned long ago, never to wrestle with a pig. You get dirty, and besides, the pig likes it.

— George Bernard Shaw

Lack of money is the root of all evil.

— George Bernard Shaw

A government that robs Peter to pay Paul can always depend on the support of Paul.

— George Bernard Shaw

I spent a lot of money on booze, birds and fast cars. The rest I just squandered.

— George Best

Those who do not remember the past are condemned to repeat it.

— George Santayana

If you’ve never missed a flight, you’re probably spending too much time in airports.

— George Stigler

In any successful enterprise, there must be an uneven number of directors and three is too many.

— Giovanni Agnelli

Money is just a way of keeping score.

— H L Hunt

The price of anything is the amount of life you exchange for it.

— Henry David Thoreau

Wealth is the ability to fully experience life.

— Henry David Thoreau

Never look back unless you are planning to go that way.

— Henry David Thoreau

That man is rich whose pleasures are the cheapest.

— Henry David Thoreau

We should distrust any enterprise that requires new clothes.

— Henry David Thoreau

In the long run, men hit only what they aim at. Therefore, they had better aim at something high.

— Henry David Thoreau

A man is rich in proportion to the number of things he can afford to let alone.

— Henry David Thoreau

If you think you can do a thing or think you can’t do a thing, you’re right.

— Henry Ford

Obstacles are those frightful things you see when you take your eyes off your goal.

— Henry Ford

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.

— Henry Ford

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.

— Henry Ford

When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.

— Henry Ford

Quality means doing it right when no one is looking.

— Henry Ford

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.

— Henry Ford

The ultimate result of shielding men from the effects of folly is to fill the world with fools.

— Herbert Spencer

If riskier investments could be counted on to produce higher returns, they wouldn’t be riskier.

— Howard Marks

Try to save something while your salary is small; it’s impossible to save after you begin to earn more.

— Jack Benny

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.

— Jack Brennan

Behold the turtle. He makes progress only when he sticks his neck out. 

— James Bryant Conant

Fall down seven times, get up eight.

— Japanese proverb

When markets fall, an investor who has courage but lacks cash is as powerless as one who has cash but no courage.

— Jason Zweig

In the end, how your investments behave is much less important than how you behave.

— Jason Zwieg

If I wanted you to understand it, I would have explained it better.

— Johan Cruyff

Let everyone sweep in front of his own door, and the whole world will be clean.

— Johann Wolfgang von Goethe

In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.

— John Bogle

Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.

— John D. Rockefeller

Under capitalism, man exploits man. Under communism, it’s just the opposite.

— John Kenneth Galbraith

The only function of economic forecasting is to make astrology look respectable.

— John Kenneth Galbraith

In the long run, we are all dead.

— John Maynard Keynes

Markets can remain irrational longer than you can remain solvent.

— John Maynard Keynes

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

— John Maynard Keynes

It is better for the reputation to fail conventionally than to succeed unconventionally.

— John Maynard Keynes

My formula for success is rise early, work late and strike oil.

— John Paul Getty

Bull markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria.

— John Templeton

Courage is being scared to death, but saddling up anyway.

— John Wayne

A wise person should have money in their head, but not in their heart.

— Jonathan Swift

If your ship doesn’t come in, swim out to meet it.

— Jonathan Winters

A journey of a thousand miles must begin with a single step.

— Lao Tzu

There are idiots. Look around.

— Larry Summers

Simplicity is the ultimate sophistication.

— Leonardo da Vinci

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.

— Leonardo da Vinci

If you don’t know where you are going, any road will get you there.

— Lewis Carroll

People will believe anything if you whisper it.

— Louis Nizer

I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.

— Malcolm Forbes

No-one would remember the Good Samaritan if he’d only had good intentions; he had money as well.

— Margaret Thatcher

If you have everything under control you’re not moving fast enough.

— Mario Andretti

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.

— Mark Twain

It’s easier to fool people than it is to convince them that they have been fooled.

— Mark Twain

The secret of getting ahead is getting started.

— Mark Twain

Never argue with a fool, onlookers may not be able to tell the difference.

— Mark Twain

Never argue with stupid people. They will drag you down to their level and then beat you with experience.

— Mark Twain

You don’t have to see the whole staircase – just take the first step.

— Martin Luther King

Everyone has a plan ’till they get punched in the mouth.

— Mike Tyson

Never try to walk across a river just because it has an average depth of four feet.

— Milton Friedman

Most people don’t want to become a millionaire. They want to spend a million dollars, which is the exact opposite thing.

— Morgan Housel

A man who views the world the same at fifty as he did at twenty has wasted thirty years of his life.

— Muhammad Ali

A quitter never wins and a winner never quits.

— Napoleon Hill

Every time you borrow money, you’re robbing your future self.

— Nathan Morris

I’m not young enough to know everything.

— Oscar Wilde

Happiness is a shadow of harmony; it follows harmony. There is no other way to be happy.

— Osho

Money is a terrible master but an excellent servant.

— P.T. Barnum

I’d like to live as a poor man with lots of money.

— Pablo Picasso

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

— Paul Samuelson

Everyone has the brainpower to make money in stocks. Not everyone has the stomach.

— Peter Lynch

Never invest in any idea you can’t illustrate with a crayon.

— Peter Lynch

I’m always fully invested. It’s a great feeling to be caught with your pants up.

— Peter Lynch

We have met the enemy and he is us.

— Pogo

You could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline.

— Richard Dennis

There are 100 billion stars – fewer than the deficit. They are economical not astronomical numbers.

— Richard Feynman

The best way out is always through.

— Robert Frost

Recession is when a neighbour loses his job. Depression is when you lose yours.

— Ronald Reagan

Ever tried? Ever failed? No matter. Try Again. Fail again. Fail better.

— Samuel Beckett

I cant go on. I’ll go on.

— Samuel Beckett

There’s man all over for you, blaming on his boots the fault of his feet.

— Samuel Beckett

Safe is risky.

— Seth Godin

The single greatest edge an investor can have is a long term orientation.

— Seth Klarman

The four most dangerous words in investing are: ‘this time it’s different.’

— Sir John Templeton

It is better to give than to lend, and it costs about the same.

— Sir Philip Gibbs

Count no man happy until he be dead.

— Solon

He who does not work, neither shall he eat.

— St Paul

The only punch you never see is the one that puts you on the canvas.

— Stuart Evers

Every battle is decided before it is ever fought.

— Sun Tzu

All artists are socialists until they see another artist with a bigger house.

— Terence Trent D’arby

Opportunity is missed by most people because it is dressed in overalls and looks like work.

— Thomas Edison

The only place where success comes before work is in the dictionary.

— Vidal Sassoon

The fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore.

— Vincent Van Gogh

Rule number one: never lose money. Rule number two: never forget rule number one.

— Warren Buffet

What we really want to do is buy businesses that we would be happy to own forever.

— Warren Buffet

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.

— Warren Buffet

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.

— Warren Buffet

You should invest in a business that even a fool can run, because someday a fool will.

— Warren Buffet

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

— Warren Buffet

It is not necessary to do extraordinary things to get extraordinary results.

— Warren Buffet

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

— Warren Buffet

Someone’s sitting in the shade today because someone planted a tree a long time ago.

— Warren Buffett

We don’t have to be smarter than the rest. We have to be more disciplined that the rest.

— Warren Buffett

If you buy things you do not need, soon you will have to sell things you need.

— Warren Buffett

Do not save what if left after spending, but spend what is left after saving.

— Warren Buffett

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.

— Warren Buffett

Just about the only way a smart person can go broke is to borrow money.

— Warren Buffett

You miss 100% of the shots you never take.

— Wayne Gretzky

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.

— Will Rogers

Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like.

— Will Rogers

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.

— William Ernest Henley

However beautiful the strategy, you should occasionally look at the results.

— Winston Churchill

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.

— Winston Churchill

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.

— Winston Churchill

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

— Winston Churchill

Eighty percent of success is showing up.

— Woody Allen

Do or do not. There is no try.

— Yoda

It’s tough to make predictions, especially about the future.

— Yogi Berra

In theory there is no difference between theory and practice. In practice there is.

— Yogi Berra

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