Financial rewards follow accomplishment, they don't precede it.
To turn $100 into $110 is work. To turn 100 million into $110 million is inevitable.
Our favorite (stock) holding period is forever.
A peculiarity of capital is that it cannot be employed productively without benefiting the community in which it is used.
Stocks have reached what looks like a permanently high plateau.
Stated on October 21 1929 just a week before the stock market crash.
Old men are always advising young men to save money. That is bad advice. Don’t save every nickel. Invest in yourself. I never saved a dollar until I was forty years old.
Every time we hold our tongues instead of returning the sharp retort, show patience with another’s faults, show a little more love and kindness, we are helping to stock-pile more of these peace-bringing qualities in the world instead of armaments for war.
An investment in knowledge always pays the best interest.
When I gave a lecture in Japan, I was asked not to mention the possible re-collapse of the universe, because it might affect the stock market. However, I can re-assure anyone who is nervous about their investments that it is a bit early to sell: even if the universe does come to an end, it won't be for at least twenty billion years.
The Beginning of Time (lecture)
It’s a terribly hard job to spend a billion dollars and get your money’s worth.
Banking establishments are more dangerous than standing armies.
There is nothing so disastrous as a rational investment policy in an irrational world.
A lawyer's time and advice are his stock in trade.
Give me a stock clerk with a goal, and I will give you a man who will make history. Give me a man without a goal and I will give you a stock clerk.
Believing that fundamental conditions of the country are sound and there is nothing in the business situation to warrant the destruction of values that has taken place on the exchanges during the past week, my son and I have for some days been purchasing sound common stocks. We are continuing and will continue our purchases in substantial amounts at levels which we believe represent sound investment values.
Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.
There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.
You never see the stock called Happiness quoted on the exchange.