Saturday, October 1, 2011

Weekend Wise Words

Be Smart! Be Brilliant!

Hey, I don't know how, that's your job.

I don't know about you, but my stock portfolio has taken a real beating this week. So my thoughts turned to finance....

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life. - Suze Orman

Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip. - John Locke

Any informed borrower is simply less vulnerable to fraud and abuse. - Alan Greenspan

As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money. - Martin Cruz Smith

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. - Alan Greenspan

It is a kind of spiritual snobbery that makes people think they can be happy without money. - Albert Camus

Money is like manure. You have to spread it around or it smells. - J. Paul Getty

Part of your heritage in this society is the opportunity to become financially independent. - Jim Rohn

Infinite growth of material consumption in a finite world is an impossibility. - E. F. Schumacher

[His 1973 book "Small Is Beautiful: a study of economics as if people mattered" is among the 100 most influential books published since World War II. I bought his book one day in Hawaii in 1978 and found it a thoroughly fascinating read that affected me deeply. In 1955 Schumacher travelled to Burma as an economic consultant. While there, he developed the set of principles he called "Buddhist economics," based on the belief that individuals needed good work for proper human development. He also proclaimed that "production from local resources for local needs is the most rational way of economic life." Schumacher's experience led him to become a pioneer of what is now called appropriate technology: user-friendly and ecologically suitable technology applicable to the scale of the community. He founded the Intermediate Technology Development Group (now Practical Action) in 1966. His theories of development have been summed up for many in catch phrases like "intermediate size," and "intermediate technology."]

Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community. -  Andrew Carnegie

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. - John Maynard Keynes

The poor don't know that their function in life is to exercise our generosity. - Jean-Paul Sartre

The way to make money is to buy when blood is running in the streets. -  John D. Rockefeller

As sure as the spring will follow the winter, prosperity and economic growth will follow recession. - Bo Bennett

I don't think about financial success as the measurement of my success. - Christie Hefner

Wealth consists not in having great possessions, but in having few wants. - Epictetus

Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones. - Benjamin Franklin

No comments:

Post a Comment