During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That’s because they were at the bottom of the investing food chain.

Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

When the stock market crashed, Franklin Roosevelt got on the television and didn’t just talk about the princes of greed. He said, ‚Look, here’s what happened.‘

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

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.

Recession is when a neighbor loses his job. Depression is when you lose yours.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

Warren Buffett is famous for talking about the ‚intrinsic value‘ of stocks. But while many people parrot this phrase, few know what it really means.

Anger is wonderful. It keeps you going. I’m angry about bankers. About the government.

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

The highest use of capital is not to make more money, but to make money do more for the betterment of life.

Ken Lay, the disgraced former chairman of Enron, found a way to escape his legal problems: He died after being convicted of fraud and conspiracy charges.

Jim Cramer is a very smart man. I watch his show. I just do not follow his advice.

Wide diversification is only required when investors do not understand what they are doing.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

In ‚Unfair Advantage: The Power of Financial Education‘ and ‚Why A Students Work for C Students,‘ I reveal the secrets of the wealthy and what schools will never teach you about money.

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.

It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.

Giving should be entered into in just the same way as investing. Giving is investing.

The world is moved along, not only by the mighty shoves of its heroes, but also by the aggregate of tiny pushes of each honest worker.

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you’re never going to win big in a mutual fund.

Buy land. They ain’t making any more of the stuff.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

I don’t invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.

We’re still in a recession. We’re not gonna be out of it for a while, but we will get out.

Now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here, in the United States of America.

The worker of the world has nothing to lose, but their chains, workers of the world unite.

In the world of money and investing, you must learn to control your emotions.

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

Many people will have nothing at the end of their working lives.

The more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.

One pillar to wealth is having residual income.

Many U.S. investors are already investing overseas rather than at home.

I think any statement about stock prices is always suspect unless it’s made by Warren Buffett.

I am very concerned about the millions of baby boomers who are counting on the stock market to deliver them a safe, sound, long retirement. I am afraid the baby boomers who are counting on the stock market are in trouble.

We have to build the capacity of our institutions, employees and workers. Our regulatory environment has not been encouraging to research, innovation and enterprise.

If workers are more insecure, that’s very ‚healthy‘ for the society, because if workers are insecure, they won’t ask for wages, they won’t go on strike, they won’t call for benefits; they’ll serve the masters gladly and passively. And that’s optimal for corporations‘ economic health.

The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital – in some cases, overcome, though all figures are dubious for these secret and often illegal operations.

Religious organizations exist to foster the interests of persons subscribing to the same religious faith. Not so of for-profit corporations. Workers who sustain the operations of those corporations commonly are not drawn from one religious community.

Even sleepers are workers and collaborators in what goes on in the Universe.

Food Stamp recipients didn’t cause the financial crisis; recklessness on Wall Street did.

I bet taxpayers remember providing more than $812 billion to Citigroup and Bank of America, two Wall Street banks, in 2009 to bail them out during the 2008 financial crisis. Taxpayers remember that generosity; big banks evidently don’t.

You’ve got to invest in the world, you’ve got to read, you’ve got to go to art galleries, you’ve got to find out the names of plants. You’ve got to start to love the world and know about the whole genius of the human race. We’re amazing people.

Don’t hold against me that I don’t own – that I don’t own a single stock or bond. Don’t hold it – I have no savings accounts.

Workers of the world unite; you have nothing to lose but your chains.

The rich don’t work for money – the rich invent money.

Prosperous farmers mean more employment, more prosperity for the workers and the business men of every industrial area in the whole country.

Investing for the poor requires participation from the entire community.

Why not invest your assets in the companies you really like? As Mae West said, ‚Too much of a good thing can be wonderful‘.

The rich continue to get rich the same way they always have – by understanding how money works and making their money work for them.

Our favorite holding period is forever.

What I invest in, while not risky for me, may be too risky for most people.

One of the reasons so many people get burned in the market is because they start buying as they see prices going up.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Some people, through luck and skill, end up with a lot of assets. If you’re good at kicking a ball, writing software, investing in stocks, it pays extremely well.

If you must invest in paper, learn to be an options trader. Then you will know how to make money whether the markets are going up or down.

Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.