Wise Wealth Advisors

D.Muthukrishnan (Muthu), Certified Financial Planner- Personal Financial Advisor

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Money Mantras….(10)

Posted by Muthu on March 25, 2009

This is the 10th article in the ‘Money Mantras’ series. With this we’ve hit a century, 100 quotes! I’m glad that you continue to enjoy the wisdom from various sources about money.

 

1) Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked – Warren Buffett

 

2) The only man who sticks closer to you in adversity than a friend is a creditor. -Anonymous

 

3) There are plenty of ways to get ahead.  The first is so basic I’m almost embarrassed to say it:  spend less than you earn.  -Paul Clitheroe

 

4) We are not to judge thrift solely by the test of saving or spending.  If one spends what he should prudently save, that certainly is to be deplored.  But if one saves what he should prudently spend, that is not necessarily to be commended.  A wise balance between the two is the desired end. -Owen Young

 

5) The best assets you can have during inflation are your abilities. – Warren Buffett

  
6) The stock market is a no-called-strike game. You don’t have to swing at everything–you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, ‘Swing, you bum! – Warren Buffett 

 

7) Tell me who your heroes are and I’ll tell you how you’ll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit-forming. – Warren Buffett

 

8)  “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring– George Soros

 

9) Growth for the sake of growth is the ideology of the cancer cell. -Edward Abbey

 

10)  The gap in our economy is between what we have and what we think we ought to have – and that is a moral problem, not an economic one.  -Paul Heyne

 

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