_Economy and Finance

To repay borrowed money is the best way to use money. $ Western Proverb

Panics on Wall Street are notoriously periodic. - Wall Street It’s right to be an optimist, but be prepared for the worst.

Don’t speculate with another person’s money. - Wall Street Never borrow short-term money on unmarketable collateral.

Investors are not rewarded for activity. They are rewarded for being right. - Wall Street Never ask a barber if you need a haircut.

All is not gold that glitters. - British Proverb

The longer a risky asset is held, the less the chance of a loss. - Wall Street More haste, less speed.

金钱万能 [jīnqiánwànnéng] - 中國俗談 Money talks. - Chinese Proverb almighty dollar

The best possible time to invest is when the sky is black with clouds. - Wall Street After extreme weakness buy stocks.

Every man has his price. - Western Proverb

Don't shape your portfolio on what your barber advice. - Wall Street Forget about stock market tips.

Stock investing merely attempts to anticipate the inevitabilities of future changing condition. - Wall Street Anytime there is change there is opportunity.

The big money in booms is always made first by the public on paper, and it remains on paper. - Wall Street Everyone is wise after the event.

October turned my maple's leaves to gold; The most are gone now; here and there one lingers. Soon these will slip from out the twig's weak hold, Like coins between a dying miser's fingers. - Thomas Bailey Aldrich (1836-1907), October

Money makes money. - Western Proverb

There are times when one should invest, and just as surely there are times when one should not. $ Wall Street There is a time for all things.

Finance is the art of passing money from hand to hand until it finally disappears. $ Robert W. Sarnoff

The stock market merely registers, and does not cause, what takes place in the realm of business and profits. $ Wall Street The market discounts everything but the completely unexpected.

Nobody can be successful by speculating every day or every week. $ Wall Street Many trades, many losses.

A man adapts himself to conditions so quickly that he loses the perspective. - Wall Street A lordly taste makes a beggar's purse.

A special person makes a difference. - Michael B. Nash , a senior managing director of Blackstone Real Estate Debt Strategies Group

It is the duty of shareholders to periodically suffer loss without complaint. - Wall Street Investors will mistakenly think falling stock prices are bad.

We have what we need. To me, the fresh air and the land, and water. It's better than money. - Roger Alcon (2013.05.28)

Of what use is money in the hands of fools when they have no heart to acquire wisdom? + Book of Proverbs 17, 16 [17:16] The exhortation to acquire or purchase wisdom is common in Proverbs. Fools misunderstand the metaphor, assuming they can buy it with money. Their very misunderstanding shows they have no “heart” = mind, understanding. Money in the hand is no good without such a “heart” to store it in. http://www.usccb.org/bible/proverbs/17

If a company has dynamic growth prospects, do not sell it just because it looks temporarily too high. - Wall Street Kill not the goose that lays the golden eggs.

We are one of the poorest counties in the nation, yes, but we are money-poor, we are not asset-poor. We've got land, we've got agriculture, we've got our heritage and we've got our culture. - Olivas , a hunting and fishing guide (2013.05.28)

Gambling begins where we risk what we can't afford to gain something we haven't earned. - Wall Street Don't forget the difference between investing and gambling.

All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis. — Jesse Livermore (1877-1940), How To Trade In Stocks (1940)

Belladonna : Look at yourself. Why would anyone ever want to be with you? Leezar : Hm, I'm not sure really. Oh yeah, perhaps because I'm rich, I live in a castle and I can do magic. - Your Highness (2011)

The game of speculation is the most uniformly fascination game in the world. - Wall Street Human routinely exchange large amounts of money for excitement.

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. - Jesse Livermore (1877-1940), How To Trade In Stocks

There are really no more brilliant investors than brilliant lawyer or top-flight surgeons. - Wall Street Great undertakings require great preparation.

Leave short selling to experienced professionals. - Wall Street Novelty always appears handsome.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett , well-known investor As his quote suggests, Buffett has achieved his tremendous success by doing just the opposite. In short, Buffett likes to "buy low and sell high." And that's good advice for all of us.

Buy it, fix it, sell it. - Blackstone 's Real Estate Investment Philosophy

English 한국어 Cute & Wise Words "The four most dangerous words in investing are: 'This time it's different.'" A Quick Summary A friendly reminder that history tends to repeat itself, and assuming we are facing a completely new situation can lead to big mistakes. What it Means As Templeton says, simply hoping that bad things won't happen again is not a sound investment strategy. Pay attention to mistakes and learn from them. When things are going incredibly well or terribly wrong, it's tempting to think the old rules no longer apply. We might say, "It's different now!" But this cute yet sharp quote reminds us that human emotions like greed and fear haven't changed. Believing that "this time is an exception" often leads us to ignore valuable lessons from the past. Why it's Great It's so easy to get caught up in the excitement of something new and forget...

空行空返。 - 中國俗談 No song, no supper. - Chinese Proverb

It is not easy for men to rise whose qualities are thwarted by poverty. - Juvenal

Don't try to be a jack of all investments. - Wall Street Stick to the field you know best.

Like the ocean, the stock market is never still. - Wall Street You can't predict. You can prepare.

One of the essential qualifications of the successful investor is patience. - Wall Street Sit tight and the market give you in due time the signal.

It's only when the tide goes out that you learn who's been swimming naked. - Warren Buffett (1930- ), Wall Street Charlie Munger said, "Warren and I are chicken about buying stocks on margin."

Whenever it is in any way possible, every boy and girl should choose as his life work some occupation which he should like to do anyhow, even if he did not need the money. - William Lyon Phelps (1865-1943)

When enough investors find themselves shorn, scapegoats will be sought. - Wall Street The real reason for a protracted decline is never bear raiding.