“I told him that his profit is made when you buy, not when you sell.”
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
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Robert T. Kiyosaki 151
American finance author , investor 1947Related quotes
Source: Reminiscences of a Stock Operator (1923), Chapter XXI, p. 249
In Star Science Fiction 5, edited by Frederik Pohl, p. 53
Short fiction, Company Store (1959)
Attributed by [Will, Hutton, http://www.guardian.co.uk/commentisfree/2008/nov/02/economics-economy-john-keynes, Will the real Keynes stand up, not this sad caricature?, Guardian, November 2, 2008, 2009-02-05]
Actual quote: "the Stock Exchange revalues many investments every day and the revaluations give a frequent opportunity to the individual (though not to the community as a whole) to revise his commitments. It is as though a farmer, having tapped his barometer after breakfast, could decide to remove his capital from the farming business between 10 and 11 in the morning and reconsider whether he should return to it later in the week."
The General Theory of Employment, Interest and Money (1935), Ch. 12 http://www.marxists.org/reference/subject/economics/keynes/general-theory/ch12.htm
Attributed
“What good is the moon if you can't buy or sell it?”
Den of Thieves (1992), by John B. Stewart
Source: The Bob Dylan Scrapbook: 1956-1966
“Many a man thinks he is buying pleasure when he is really selling himself a slave to it.”