The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
Warren BuffettRead
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
Cherish your mistakes, and you won't keep making them over and over again. It's the same with heartbreaks and girls and everything else. Cherish them, and they'll put some wealth in you.
They will envy you for your success, your wealth, for your intelligence, for your looks, for your status - but rarely for your wisdom.
If somebody has an extreme amount of wealth and is not using it for some good purpose, only for their own enjoyment or satisfaction, then clearly there's a moral failing in the world in which we live.
Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.
There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.
The social world is transforming the way we create wealth, work, learn, play, raise our children, and probably the way we think.
As I read the scriptures, it appears that those who receive the Savior's strongest reproach are often those who hold themselves in high esteem because of their wealth, influence, or perceived righteousness.
The aristocracy in the future is not one of wealth or university education, but the aristocracy of the men who have done something for themselves and their fellow men.
I sometimes think that the only person fit to inherit wealth is the person who doesn't need an inheritance - the person who would create his own fortune no matter what his start in life - and have come to view inherited wealth as an affliction.
If in a country, most of the wealth is concentrated in the hands of the few, then this country can hardly witness harmony and stability.
It's up to the person who's being creative to find ways to emerge and shake up the world of wealth.
The key to wealth is not what we earn. It is in what is spent on us.
More precious is want with honesty than wealth with infamy.
I think if you look back through time, the history of income, wealth and taxation is full of surprise. So I am not terribly impressed by those who know in advance what will or will not happen.
Capitalism and market forces are very powerful in producing wealth and innovation. But we need to ensure that these forces act in the common interest.
The glory that goes with wealth is fleeting and fragile; virtue is a possession glorious and eternal.
There is no real wealth but the labor of man.
Do not consider that to be wealth which is hoarded away, for how is it better than sand gathered from the nearest heap? Nor that which comes in from men who groan at their taxes: for the gold that is wrung from tears is of base alloy and black.
I asked certain rich men if they felt embittered. 'How could we not?' they said. So I asked them what caused this anguish. They blamed their wealth.
In my judgment, excellence and wealth are direct opposites, since when the one shrinks, the other grows, and when one grows, the other shrinks.
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