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"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."
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"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."
"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."
"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."
"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."
"Investing is a simple process of taking into account the present value and future value. The other major factor to understand here, is what you lose as a result of inaction. Consider what you can gain and what you can lose in your decision."
"Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent."
Explore more quotes by Paul Samuelson
"The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is that, attached to those hands are sharp elbows."
"Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support."
"Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does."
"Self-deception ultimately explains Japan's plight. The Japanese have never accepted that change is in their interest - and not merely a response to U.S. criticism."
"Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles."
"Politicians like to tell people what they want to hear - and what they want to hear is what won't happen."
"It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office."
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