To Reach Your Dreams
[By Patrick Bourbon CFA]
- Beware of little expenses; a small leak will sink a great ship. Source: Benjamin Franklin
- If you can’t pay for a thing, don’t buy it. If you can’t get paid for it, don’t sell it. Source: Benjamin Franklin
- We think much more about the use of money, which is renewable, than we do about the use of our time, which is irreplaceable. Source: Peter Lynch
- Avoiding big mistakes is key to generating long term wealth. Source: Don Phillip
- It is part of a wise man to keep himself today for tomorrow, and not to venture all his eggs in one basket. Source: Cervantes, Don Quixote
- History tells us that when we become overenthusiastic about certain type of financial arrangements, we overdo it. Source: Alan Greenspan
- If it’s in the papers, it’s in the price. Source: Bill Miller
- The assets may shrink but the debt doesn’t. Source: Gretchen Morgenson
- Frugality doesn’t mean doing less. It means doing as much or more with less. Source: William Marth
- When times are tough, almost all assets are highly correlated, except for cash. When liquidity dries up, people sell what they can sell, no matter what the price of what they are selling. Source: Bruce Berkowitz
***
***
Assessment
Feel free to send in your own favorite quotes.
Conclusion
Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:
- HOSPITALS: http://www.crcpress.com/product/isbn/9781466558731
- CLINICS: http://www.crcpress.com/product/isbn/9781439879900
- ADVISORS: www.CertifiedMedicalPlanner.org
- Dictionary of Health Economics and Finance
- Dictionary of Health Information Technology and Security
- Dictionary of Health Insurance and Managed Care
***
Filed under: Financial Planning, Investing | Tagged: Money Quotes, Patrick Bourbon CFA |
Leave a comment