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Exlpore more Finance quotes
"Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions."
"I believe Money is too important to leave in the hands of government officials."
"Once you deposit that money in your checking account, it becomes the bank's money and you're just another one of their creditors."
"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."
Explore more quotes by Ron Chernow
"I have developed a very strong partiality for the dead: they don't talk back, they don't sue, and they don't have angry relatives."
"I think one of the important things that's happened in the course of the century is that life expectancy has doubled."
"What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers."
"As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin."
"The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance."
"Partly because his life ended before the age of 50, Hamilton was defined by the other founding fathers, and he managed, with amazing consistency, to alienate most of them."
"I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification."
"As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius."
"The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before."
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