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I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.

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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

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Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.

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Beware of little expenses. A small leak will sink a great ship.

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Under capitalism, man exploits man. Under communism, it's just the opposite.

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The way to make money is to buy when blood is running in the streets.

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Inflation is taxation without legislation.

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Wealth consists not in having great possessions, but in having few wants.

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The way to become rich is to put all your eggs in one basket and then watch that basket.

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People who think about art as an investment are pathetic.

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As sure as the spring will follow the winter, prosperity and economic growth will follow recession.

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