It is not enough for [the investor] to know all the factors that can possibly contribute to the … - Ludwig von Mises

Same topic Authors

Quote of the day

It was hard for me, as a father, to imagine going through what my birth mom went through, to raise a child inside of her for nine months, and then have to say goodbye. And so it's hard for me to understand that pain and that process.

Ludwig von Mises

It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will become effective.

Become, Contribution, Determination, Events, Know, Order

Same Author Quotes

The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement. They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent. They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.

Blessing, Garden, Men, Subordinate, System, Yearn

The worst evils which mankind has ever had to endure were inflicted by bad governments.

Endure, Evils, Government, Inflicted, Peace, War

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. It would create poverty for all.

Execution, May, Methods, Poverty, Profit, Transform

He who serves the public best, makes the highest profits.

Highest, Profit, Profits, Public, Serves

The real bosses, in the capitalist system of market economy, are the consumers.

Boss, Capitalist, Consumers, Economy, Real