Page 284 - The Big Book of Business Quotations: Over 1,400 of the Smartest Things Ever Said about Making Money - PDFDrive.com

Never make an investment transaction that hinges upon selling your home or
taking out a mortgage on your home. This is a proven recipe for disaster.

—Tom Ajamie and Bruce Kelly, coauthors of Financial Serial Killers: Inside the World of Wall
Street Money Hustlers, Swindlers, and Con Men When somebody buys a stock it’s because they
think it’s going to go up and the person who sold it to them thinks it’s going to go down.
Somebody’s wrong.

—George Ross, Trump Organization executive

The key to making money is to stay invested.

—Suze Orman, personal finance expert

I cannot understand why an investor … elects to put money into a business that
is his 20th favorite rather than simply adding that money to his top choices—the
businesses he understands best and that present the least risk, along with the
greatest profit potential. In the words of the prophet Mae West: “Too much of a
good thing can be wonderful.”

—Warren Buffett, legendary investor and CEO of Berkshire Hathaway (from his letter to Berkshire
Hathaway shareholders, 1994) Running the company for the shareholders often reduces its long-
term growth potential.

—Ha-Joon Chang, South Korean economist