Home / Quotes / Quote by Friedrich August von Hayek

Quote by Friedrich August von Hayek

“We must shed the illusion that we can deliberately 'create the future of mankind'”

Author

Friedrich August von Hayek, born on May 8, 1899, in Austria, and died on March 23, 1992, in the United Kingdom, was one of the most distinguished economists of the 20th century. He is renowned for his profound insights into the free market economy and his critical views on socialism. more

“If the unusual never happened there would be no difference in people and then there wouldn't be any fun in life. The game would become merely a matter of addition and subtraction. It would make of us a race of bookkeepers with plodding minds. It's the guessing that develops a man's brain power.”

People Ifs Men Mind Matter Would Be Games Fun Differences Race Brain Happened Unusual Guessing Brain Power Subtraction Bookkeepers

Author:Jesse Lauriston Livermore

“When a man is right he wants to get all that is coming to him for being right.”

Men Want

Author:Jesse Lauriston Livermore

“They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market. Where I should have made twenty thousand dollars I made two thousand. That was what conservatism did for me.”

Should Made Two Grows Poor Rich Four Thousand Should Have Twenties Dollars Profit Conservatism Bulls Bull Markets

Author:Jesse Lauriston Livermore

“A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.”

Men May Doe Loses Brain Class Streets Wall Beats Thirds Grades Nevertheless Impatient Doubtful Sucker Third Grade

Author:Jesse Lauriston Livermore

Quote by Friedrich August von Hayek

Author

You May Also Like