12 Wealth and Investing Quotes Everyone Should Read
A wise or humorous saying is worth squirreling away to savor again later, whether the source is Bartlett’s Familiar Quotations, Berkshire Hathaway’s annual letter to shareholders or The Onion. Today we share some of our favorite wealth and investing quotes.
When cataloging noteworthy quotes, it is difficult to not take a minute to pay tribute to the consummate quotemeister: John Bartlett.
Owner of the Harvard University bookstore, Bartlett was so known for his memory for quotations and trivia that “Ask John Bartlett” became a byword in the Cambridge, Mass., community when someone was stumped. He began keeping a commonplace book of quotations to answer questions, and in 1855 printed the first edition of his Familiar Quotations. 162 years later, we are still looking up his quotes. Thanks JB.
Now on to a handful of wealth and investing quotes that bear repeating, or at least pondering – some of which can be found in the 18th edition of Bartlett’s:
“Wealth is the ability to fully experience life.” – Henry David Thoreau, author
“Successful investing is anticipating the anticipation of others.” – John Maynard Keynes, economist
“Compound interest is the eighth wonder of the world.” – Albert Einstein, theoretical physicist
“Investment success accrues not so much to the brilliant as to the disciplined.” – William J. Bernstein, financial theorist
“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” – Sir John Templeton, investor and mutual fund pioneer
“The safest way to double your money is to fold it over once and put it in your pocket.” – Frank McKinney Hubbard, humorist
“There are old investors, and there are bold investors, but there are no old bold investors.” – Howard Marks, investor, co-founder of Oaktree Capital Management
“When all the experts and forecasters agree, something else is going to happen.” – Bob Farrell, long-time chief market strategist at Merrill Lynch and author of 10 Market Rules to Remember
“Money is better than poverty, if only for financial reasons.” – Woody Allen, humorist
“Even the intelligent investor is likely to need considerable will power to keep from following the crowd.” – Benjamin Graham, investor, “father of value investing”
“Successful investment is about managing risk, not avoiding it.”– Benjamin Graham, investor, “father of value investing”
“It will fluctuate.” – John D. Rockefeller, whenever he was asked what the market would do
Let us know: what are your favorite wealth and investing quotes?
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