Great Throughts Treasury

"An intelligent person hires people who are more intelligent than he is."

"Another financial IQ is this: How do you protect your money? The biggest predator in the world is the U.S. government. They will take your money... Now, I am not against paying taxes. I just don't wanna let them go without a fight somewhere along the line."

"Answers are about the past, and abilities are about the future."

"Anyone can be rich by being greedy. Having a high financial IQ means knowing how to be a generous person."

"An investment needs to make sense today and tomorrow."

"Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest."

"Anyone can work hard for money. It takes a person with a high financial IQ to have their money work hard."

"Are you stubborn enough to be a winner?"

"As a couple, what is our unfair advantage? First, we set our financial goals together. Second, we study and we learn together in order to achieve the goal?s we?ve set."

"As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market."

"As a precious metal, silver is also money."

"As a linebacker, my first rude awakening was trying to tackle a New York Jets running back coming through the line. I doubt if he even knew I hit him. He ran right over me. It felt like I was trying to tackle a charging rhino. I did not hurt him but he definitely hurt me. That running back and I were about the same size. But after trying to tackle him, I realized the difference was not physical. It was spiritual. He had the heart, the desire, and gift of natural talent to be a great player."

"As entrepreneurs, it?s important to be winners."

"As Henry Ford said, Thinking is the hardest work there is. That is why so few people engage in it."

"As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected."

"As I?ve travelled, I?ve compared Americans to people in the emerging nations. I?ve noticed a market difference in intensity and attitude towards learning about money. Rather than focus on financial education, most Americans focus on going back to school to get a high paying job? at the same time our jobs are being exported to lower wage countries."

"As far as tithing goes, we continue to donate a large percentage to charitable organizations. It?s important to give. As my very religious friend says, God does not need to receive, but humans need to give. Also, the reason we give is because tithing is our way of paying our partner ? God. God is the best business partner I?ve ever had. He asks for 10 percent and lets me keep the other 90 percent. You know what happens if you stop paying your partners? They stop working with you. That is why we tithe."

"As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved."

"As I said, I wish I could say it was easy. It wasn?t, but it wasn?t hard either. But without a strong reason or purpose, anything in life is hard."

"As long as you have more cash flowing in than flowing out, your investment is a good investment."

"As long as I have cash flowing in, I can sleep at night, whether the market is going up or going down."

"As Winston Churchill said, Success is the ability to go from one failure to another with no loss of enthusiasm."

"As you know, low demand and high supply means a drop in value of anything, including the dollar."

"As they say in the world of finance, ?I?ll give you your price, if you will give me my terms."

"Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket."

"At the height of the Enron mania, the company's market value was $65 billion. Once the dust cleared, the final value was $0."

"At the point that money hits your hands, you have the power to determine your financial future."

"At my lowest point, I was nearly $700,000 in debt."

"Balanced people go nowhere. They stay in one spot."

"Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans."

"Be as wise as a serpent and as gentle as a dove."

"Be sure to have friends who demand more of you rather than tell you why you cannot do what you want to do."

"Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it."

"Because I had two influential fathers, I learned from both of them. I had to think about each Dad's advice, and in doing so, I gained valuable insight into the power and effect of one's thoughts on one's life. For example, one Dad had a habit of saying, "I can't afford it." The other Dad forbade those words to be used. He insisted I say, "How can I afford it?" One is a statement, and the other is a question. One lets you off the hook, and the other forces you to think. My soon-to-be-Rich Dad would explain that by automatically saying the words "I can't afford it," your brain stops working. By asking the question "How can I afford it?" your brain is put to work. He did not mean buy everything you wanted. He was fanatical about exercising your mind, the most powerful computer in the world. "My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make." He believed that automatically saying "I can't afford it" was a sign of mental laziness."

"Be optimistic as well as brutally honest with yourself."

"Being an entrepreneur is simply going from one mistake to the next. You must have the fortitude to continue on."

"Be the bank, not the banker."

"Before you can transform your wallet from poor to rich, you're got to transform your spirit from poor to rich."

"Being generous, rather than greedy, is one of the better ways of getting rich."

"Being unprepared is risky. I practice to reduce risk. I improve my skills to reduce risk. I study to reduce risk. If I need to take a risk, I take a small one."

"Being politically correct means saying what's polite rather than what's accurate. I like to be accurate."

"Being prepared for a job is a good idea for the short term, but it is not enough for the long term."

"Better investors seek better information. Better information is not immediately available. You must go in search of it."

"Betting your future on the ups and downs of any market is risky, very risky."

"Being reasonable is the most destructive thing there is ....it keeps your thinking inside-the-box and uncreative."

"B-quadrant businesses get tax credits for hiring employees, for increasing their research and development, and for investing in green technology."

"Broke is temporary, poor is eternal."

"Build and keep your asset column strong. Once a dollar goes into it, never let it come out."

"Building or owning a business is by far the most rewarding but also the most stressful of all the three asset classes."

"Business and investing are team sports."