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Wise Quotes

edited July 2018 in Fund Discussions
Hi Guys,

Wise and prudent investment advice need not be complex. In fact, it often can be nicely summarized in a short quote. Here is a Link to 100 such quotes:

I hope you enjoyed them and may even profit some. But 100 is a ton of advice. I particularly liked number 41. I realize your time is valuable and you are not likely to visit my recommendation, so I'll repeat good old number 41 now:

"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. --Paul Samuelson

Samuelon had it roughly right except nowadays you'll need more than the quoted dollars. Regardless, have some fun and learn too.

Best Regards

Added Thought: There are rules everywhere. Consider the 12 rules recommended for drinking:

They do make good sense. Good luck on keeping to them. The temptations are a challenge.


  • Another Samuelson quote:
    What then is it that, since 2007, has caused Wall Street capitalism's own suicide?At the bottom of this worst financial mess in a century is this: Milton Friedman-Friedrich Hayek libertarian laissez-faire capitalism, permitted to run wild without regulation. This is the root source of today's travails. Both of these men are dead, but their poisoned legacies live on.
  • edited July 2018
    Uh, didn't we just go right back there? Oh wait, the smartest business prez ever in the world is in charge so we'll be good. Never mind.
  • Yes, and while we're at it, let's kill the CFPB. Oh, ya, that's right: already a fait accompli. (What could go wrong, eh???)
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