“Non-dividend-paying growth stocks can be attractive but should be viewed as speculation rather than investing.”
Quotes from Crash Proof (2006)
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Peter D. Schiff40
American entrepreneur, economist and author 1963Related quotes
Edith Penrose (1914–1996) economist
Source: The Theory of the Growth of the Firm, 1959, p. 30
Prince Philip, Duke of Edinburgh (1921) member of the British Royal Family, consort to Queen Elizabeth II
On the U.S. Apollo program, press conference in Sao Paulo, Brazil (November 1968) as quoted in The Reality of Monarchy (1970) by Andrew Duncan
1960s
Rob Enderle (1954) American financial analyst
Is the end of the U.S. tech market upon us? http://cio.com/article/3075957/it-industry/is-the-end-of-the-u-s-tech-market-upon-us.html in CIO (27 May 2016)
Laura Bush (1946) First Lady of the United States from 2001 to 2009
As quoted in Biography Today : Profiles of People of Interest to Young Readers, Vol. 12, Issue 2 : Laura Bush by Joanne Mattern (2003), p. 34
Ben Carson (1951) 17th and current United States Secretary of Housing and Urban Development; American neurosurgeon
Source: Take The Risk (2008), p. 86
“We know that investment causes growth. But it is also true that growth causes investment.”
Jim Stanford (1961) Canadian economist
Part 3, Chapter 12, Investment and Growth, p. 144 (See also: Government spending.)
Economics For Everyone (2008)
William J. Bernstein (1948) economist
Source: The Four Pillars of Investing (2002), Chapter 4, The Perfect Portfolio, p. 108.
“Only a faster-than-exponential stock market growth makes private investors feel richer.”
Didier Sornette (1957) French scientist
Source: Why Stock Markets Crash - Critical Events in Complex Systems (2003), Chapter 10, 2050: The End Of The Growth Era?, p. 375
Context: In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a faster-than-exponential stock market growth makes private investors feel richer.