Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Register

10 June 2025

Home / 46

Who said these famous quotations?

Here’s a bit of fun to start the new year. 

  1. “Pundits forecast not because they know but because they are asked.”
  2.  “My two rules of investing: Rule one – never lose money. Rule two – never forget rule one.”
  3.  "The four most dangerous words in investing are: 'This time it's different.'"
  4. “Go for a business any idiot can run because sooner or later, any idiot probably is going to run it.”
  5.  “If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”
  6.  “Markets can remain irrational longer than you can remain solvent.”
  7.  "The stock market is filled with individuals who know the price of everything, but the value of nothing."
  8. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
  9. “October. This is one of the particularly dangerous months to invest in stocks.  Other dangerous months are July, January, September, April, November, May, March, June December, August and February.”
  10. "The stockmarket has reached what looks like a permanently high plateau.”
  11. “Money is better than poverty if only for financial reasons.”
  12. “Conventional wisdom teaches that it is better to fail conventionally than to succeed unconventionally.”
  13. “The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.”
  14. "In investing, what is comfortable is rarely profitable.”
  15. “For I don’t care too much for money, for money can’t buy me love.”
  16.  “Diversification is a protection against ignorance. It makes very little sense to those who know what they are doing.”
  17.  “I am not worried about the deficit. It is big enough to look after itself.”
  18.  “You must not only learn to live with tension, you must seek it out. You must learn to thrive on stress.”
  19.  “You never count your money when you’re sittin’ at the table. There’ll be time enough for countin’, when the dealin’s done.”
  20.  “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”

 

Thanks to Select Asset Management for this instructive list of quotations. Your Christmas parties must be great fun.

And here are the answers:

  1. John Kenneth Galbraith
  2. Warren Buffett
  3. Sir John Templeton
  4. Peter Lynch
  5. J. Paul Getty
  6. John Maynard Keynes
  7. Phillip Fisher
  8. Warren Buffett
  9. Mark Twain
  10. Irving Fisher
  11. Woody Allen
  12. John Maynard Keynes
  13. George Soros
  14. Robert Arnott
  15. The Beatles
  16. Warren Buffet
  17. Ronald Reagan
  18. J. Paul Getty
  19. Kenny Rogers
  20. Alan Greenspan

 


 

Leave a Comment:

RELATED ARTICLES

Five strategies to match your investing to your behaviour

Fear is good if you are not part of the herd

Howard Marks on selling versus staying invested

Firstlinks is sponsored by:
banner

Most viewed in recent weeks

Australian house prices close in on world record

Sydney is set to become the world’s most expensive city for housing over the next 12 months, a new report shows. Our other major cities aren’t far behind unless there are major changes to improve housing affordability.

The case for the $3 million super tax

The Government's proposed tax has copped a lot of flack though I think it's a reasonable approach to improve the long-term sustainability of superannuation and the retirement income system. Here’s why.

Tariffs are a smokescreen to Trump's real endgame

Behind market volatility and tariff threats lies a deeper strategy. Trump’s real goal isn’t trade reform but managing America's massive debts, preserving bond market confidence, and preparing for potential QE.

The super tax and the defined benefits scandal

Australia's superannuation inequities date back to poor decisions made by Parliament two decades ago. If super for the wealthy needs resetting, so too does the defined benefits schemes for our public servants.

Meg on SMSFs: Withdrawing assets ahead of the $3m super tax

The super tax has caused an almighty scuffle, but for SMSFs impacted by the proposed tax, a big question remains: what should they do now? Here are ideas for those wanting to withdraw money from their SMSF.

Getting rich vs staying rich

Strategies to get rich versus stay rich are markedly different. Here is a look at the five main ways to get rich, including through work, business, investing and luck, as well as those that preserve wealth.

Latest Updates

SMSF strategies

Meg on SMSFs: Withdrawing assets ahead of the $3m super tax

The super tax has caused an almighty scuffle, but for SMSFs impacted by the proposed tax, a big question remains: what should they do now? Here are ideas for those wanting to withdraw money from their SMSF.

Superannuation

The huge cost of super tax concessions

The current net annual cost of superannuation tax subsidies is around $40 billion, growing to more than $110 billion by 2060. These subsidies have always been bad policy, representing a waste of taxpayers' money.

Planning

How to avoid inheritance fights

Inspired by the papal conclave, this explores how families can avoid post-death drama through honest conversations, better planning, and trial runs - so there are no surprises when it really matters.

Superannuation

Super contribution splitting

Super contribution splitting allows couples to divide before-tax contributions to super between spouses, maximizing savings. It’s not for everyone, but in the right circumstances, it can be a smart strategy worth exploring.

Economy

Trump vs Powell: Who will blink first?

The US economy faces an unprecedented clash in leadership styles, but the President and Fed Chair could both take a lesson from the other. Not least because the fiscal and monetary authorities need to work together.

Gold

Credit cuts, rising risks, and the case for gold

Shares trade at steep valuations despite higher risks of a recession. Amid doubts that a 60/40 portfolio can still provide enough protection through times of market stress, gold's record shines bright.

Investment strategies

Buffett acolyte warns passive investors of mediocre future returns

While Chris Bloomstan doesn't have the track record of his hero, it's impressive nonetheless. And he's recently warned that today has uncanny resemblances to the 1990s tech bubble and US returns are likely to be disappointing.

Sponsors

Alliances

Site Map

About Firstlinks

© 2025 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.