This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.
Richard Wagner, fully Wilhelm Richard Wagner
Divorce is one of the most financially traumatic things you can go through. Money spent on getting mad or getting even is money wasted.
Money |
R. H. Tawney, fully Richard Henry Tawney
An organized money market has many advantages. But it is not a school of social ethics or political responsibility.
As for loving woman, I have never understood why some people had a fit. I still don't. It seems fine to me. If an individual is productive responsible, and energetic, why should her choice in a partner make such a fuss? The government is only too happy to take my tax money and yet they uphold legislation that keeps me a second class citizen. Surely, there should be a tax break for those of us who are robbed of full and equal participation and protection in the life of our nation.
Choice | Government | Happy | Individual | Life | Life | Money | People | Government |
Instead of giving money to found colleges to promote learning, why don't they pass a constitutional amendment prohibiting anybody from learning anything? If it works as good as the Prohibition one did, why, in five years we would have the smartest race of people on earth.
Robert Benchley, fully Robert Charles Benchley
I don't trust a bank that would lend money to such a poor risk.
Robert Benchley, fully Robert Charles Benchley
At fifteen one is first beginning to realize that everything isn't money and power in this world, and is casting about for joys that do not turn to dross in one's hands.
It is particularly displeasing to hear professional critics using the term layman to describe people who are amateurs and patrons of those arts with which they are themselves professionally concerned. The fact that the critic gets money for knowing something, and giving public expression to his opinion, does not entitle him to consider the amateur, who may be as well informed and as sensitive as himself, an outsider.
The U.S., for historical reasons, mistrusts the concept of a welfare state, and this mistrust shows itself nakedly under present US government, which commits uncounted billions of the national wealth to what it calls defense, and is close-fisted in giving money to plans which would ameliorate the grinding poverty of a great part of its people. Quite simply, in Canada you could not get away with that.
People are not saints just because they haven't got much money or education.
Money |
Robert Byrd, fully Robert Carlyle Byrd
It is money, money, money! Not ideas, not principles, but money that reigns supreme in American politics.
Money |
And were it not that they are loath to lay out money on a rope, they would be hanged forthwith, and sometimes die to save charges.
Money |
Covetous men are fools, miserable wretches, buzzards, madmen who live by themselves, in perpetual slavery, fear, suspicion, sorrow, discontent, with more of gall than honey in their enjoyments; who are rather possessed by their money than possessors of it.
Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent.
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John Templeton, fully Sir John Marks Templeton
22 Investment Maxims [paraphrased] - 1. For all long-term investors, theres is only one objective— “maximum total return after taxes.” 2. Achieving a good record takes much study and work, and is a lot harder than most people think. Many people doubt that this is even possible on a consistent basis. I’m on the fence on this one. I see proof that it can be done but realize that most people won’t be able to do it. 3. It is impossible to produce a superior performance unless you do something different from the majority. 4. The time of maximum pessimism is th ebest time to buy, and the time of maximum optimism is the best time to sell. Sounds like something Warren Buffett would say. 5. To put “Maxim 4″ in somewhat different terms, in the stock market the only way to get a bargain is to buy what most investors are selling. 6. To buy when others are despondently selling and to sell wehn others are greedily buying requires the greatest fortitude, even while offering the greatest reward. This is so true. 7. Bear markets have always been temporary. Share prices turn upward from one to twelve months before the bottom of the business cycle. Bull markets are temporary too. 8. If a particular industry or type of security becomes popular with investors, that popularity will always prove temporary and, when lost, won’t return for many years. Interesting. The NASDAQ Composite Index comes to mind. 9. In the long run, the stock market indexes fluctuate around the long-term upward trend of earnings per share. 10. In free-enterprise nations, the earnings on stock market indexes fluctuate around the replacement book value of the share of the index. 11. If you buy the same securities as other people, you will have the same results as other people. 12. The time to buy a stock is when the short-term owners have finished their selling, and the time to sell a stock is often when short-term owners have finished their buying. Not quite sure how you’re supposed to know when this is. 13. Share prices fluctuate much more widely than values. Therefore, index funds will never produce the best total return performance. I always thought that this was true because the goal of the index is to capture the market’s return, minus fees. 14. Too many investors focus on “outlook” and “trends.” Therefore, more profit is made by focusing on value. 15. If you search worldwide, you will find more bargains and better bargains than by studying only one nation. Also, you gain the safety of diversification. Unless of course the nation you are studying is heavily dependent on exports to another country that is in trouble. 16. The fluctuation of share prices is roughly proportional to the square-root of the price. 17. The time to sell an asset is when you have found a much better bargain to replace it. 18. When any method for selecting stocks becomes popular, then switch to unpopular methods. As has been suggested in “Maxim 3,” too many investors can spoil any share-selection method or any market-timing formula. 19. Never adopt permanently any type of asset or any selection method. Try to stay flexible, open-minded and sekptical. Long-term top results are achieved only by changing from popular to unpopular the types of securities you favor and your methods of selection. 20. The skill factor in slection is largest for the common-stock part of your investments. 21. The best performance is produced by a person, not a committee. Interesting that he would say this. 22. If you begin with prayer, you can think more clearly and make fewer stupid mistakes.
Individual | Mistake | Money | People | Search | Study | Success | Time | Universe | Will | Wise | Learn | Understand |
Young palmer sun, that to these shining sands Pourest thy pilgrim's tale, discoursing still Thy silver passages of sacred lands, With news of Sepulchre and Dolorous Hill, Canst thou be he that, yester-sunset warm, Purple with Paynim rage and wrack desire, Dashed ravening out of a dusty lair of Storm, Harried the west, and set the world on fire? Hast thou perchance repented, Saracen Sun? Wilt warm the world with peace and dove-desire? Or wilt thou, ere this very day be done, Blaze Saladin still, with unforgiving fire?