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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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"The value of money is subjective, depending on age. At the age of one, one multiplies the actual sum by 145,000, making one pound seem like 145,000 pounds to a one-year-old. At seven " Bertie's age " the multiplier is 24, so that five pounds seems like 120 pounds. At the age of twenty four, five pounds is five pounds; at forty five it is divided by 5, so that it seems like one pound and one pound seems like twenty pence. (All figures courtesy of Scottish Government Advice Leaflet: Handling your Money.)"
"The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe."
"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."
"Misers makes money their lord, but the spenders makes it their slaves and servants."
"You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible."
Explore more quotes by Paul Samuelson
"Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does."
"It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office."
"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."
"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."
"Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles."
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