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David Zanoni
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David Zanoni is the owner of startbuildingit.com. His success rate is 74% and he is ranked in the top 1% out of over 5,000 analysts according to tipranks.com. David is a graduate of Rutgers University with a B.S. in Management. He is an independent long term investor of quality stocks and uses... More
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  • Inspiration from Famous Financial Quotes 1 comment
    Jul 17, 2009 11:36 AM | about stocks: WMT

    All of us have been inspired from time to time by intellectual quotes from famous people and sometimes from unknown authors.  I have gathered a collection of some of these quotes that I believe will give investors a little financial inspiration. 

         First, I would like to start with a few quotes from the great Benjamin Franklin:  - "The second vice is lying, the first is running in debt"
    - "When you run in debt you give to another power over your liberty"
    - "Disdain the chain, preserve your freedom and maintain your independency: be industrious and free; be frugal and free"
    - "If a man empties his purse into his head, no man can take it away from him"
    - "An investment in knowledge pays the best interest"

        Here are a few great quotes from the investing guru, Warren Buffet:
    - "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price"
    - "Rule number one: Never lose money. Rule number two: Never forget rule #2."
    - "We simply attempt to be fearful when others are greedy, and to be greedy only when others are fearful"
    - "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks"
    - "Someone's sitting in the shade today because someone planted a tree a long time ago"

         John F. Kennedy had these words of wisdom:
    - "The tax on capital gains directly affects investment decisions, the mobility & flow of risk capital, & thereby the strength & potential for growth in the economy"
    - "If you want to make money, go where the money is"

         How about this humble quote from the late founder of Walmart, Sam Walton: "It's just paper - all I own is a pickup truck and a little Walmart stock"

         Rich Dad, Poor Dad author, Robert Kiyosaki had these words: "Doing more and more with less and less is one form of being generous. In fact, the easiest way to become rich is by being generous"

         We can't forget these words of wisdom from the stock pundit, Jim Cramer:
    - "The party line is that stocks historically have outperformed all other investment plans"
    - "I think that there are a thousand stocks out there that could make you rich, totally independent of what you do for a living"

         Superinvestor George Soros: "Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"

         Finally I'd like to leave you with this great quote from John D. Rockefeller: "God gave me money. I believe the power to make money is a gift from God... to be developed and used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money and still more money and to use the money I make for the good of my fellow man according to the dictates of my conscience".
     

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    Thanks for sharing the information. That’s a awesome article you posted. I found the post very useful as well as interesting. I will come back to read some more.
    14 Jun 2012, 01:27 PM Reply Like
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