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Money Quotes

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Money Quotes

“Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old.”

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Book:Making the Most of Your Money
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“It is a law of nature that everything run by the government will get more expensive and worse over time. Everything run by the private sector will get better and cheaper over time. The fact that [Obamacare] starts this badly does not bode well....We want healthcare run on the same system that gave us cell phones, flat screens, Jerry Garcia chia pets. Everything you submit to the free market...keeps getting better and better.”

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Author:Ann Coulter
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“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.”

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Author:Learned Hand
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