That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied.
If you invest in a girl or a woman, you are investing in everybody else.
It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
More money is lost anticipating the changes in the overall stock market than any other way of investing.
Time is a most precious asset. Would you consider investing more of your time in the things of eternity in order to merit the constant companionship of the Holy Ghost and to benefit more fully from His influence?
The first rule (of investing) for me is don't have rules. You find one amazing investment and that's all that matters. If you pick the right body of water, you might not need a boat.
On the whole, however, it is only out of pride or gross ignorance, or cowardice, that we refuse to see in the present the lineaments of times to come.
President Marcos was investing in precious metals long before he entered politics.
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.
Managements, you know, often think of themselves.
All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock.
You have to be constantly reinventing yourself and investing in the future.
Investing in tomorrow's technology today is more critical than ever.
If you're not working to get your business or investing operation to operate without you, you're thinking too small. Think team and systems.
It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky manager).
In this day and age it's really stupid to be stupid about financial matters. It doesn't do you any good to make money if you don't know what to do with it other than spend it.
Investors have very short memories
If you own a wonderful business. . . the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
At Microsoft, we're investing heavily in security because we want customers to be able to trust their computing experiences, so they can realize the full benefits of the interconnected world we live in.
Most look at earnings and earnings potential, well I can't get into that game.