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90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

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Goodwill is the one and only asset that competition cannot undersell or destroy.

Goodwill is the one and only asset that competition cannot undersell or destroy.

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The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for read more

The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for knowledge in the general population. On the contrary, the increasingly complex processes tend to lead to increasingly simple and easily understood products. The genius of mass production is precisely in its making more products more accessible, both economically and intellectually to more people.

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...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those read more

...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those which live from hunting, fishing, or merely gleaning. By their economic activities they do not increase, but rather decrease, the amount of wealth in the world. The second kind of societies, producing societies, live by agricultural and pastoral activities. By these activities they seek to increase the amount of wealth in the world.

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The way to get things done is not to mind who gets the credit for doing them.

The way to get things done is not to mind who gets the credit for doing them.

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He that is rich is wise.

He that is rich is wise.

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It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.

It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.

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Having more money does not insure happiness. People with ten million dollars are no happier than people with nine million read more

Having more money does not insure happiness. People with ten million dollars are no happier than people with nine million dollars.

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I get so tired listening to one million dollars here, one million dollars there, it's so petty.

I get so tired listening to one million dollars here, one million dollars there, it's so petty.

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