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Paid Quotes

“It is important to remember that government interference always means either violent action or the threat of such action. The funds that a government spends for whatever purposes are levied by taxation. And taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend.”

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Book:Human Action
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“I was 12 when I ordered my first guitar out of the worn and discolored pages of the Sears and Roebuck catalog. The story that I bought it on the installment plan is untrue, the invention of a Hollywood press agent. Local color. I paid cash, $8, money I had saved as a hired hand on my uncle Calvin's farm, baling and stacking hay. Prairie hay, used as feed for the cattle in winter. It was mean work for a wiry boy, but ambition made me strong.”

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Author:Gene Autry
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“We have been trying to point out that this concept of an indefinitely favorable future is dangerous, even if it is true; because even if it is true you can easily overvalue the security, since you make it worth anything you want it to be worth. Beyond this, it is particularly dangerous too, because sometimes your ideas of the future turn out to be wrong. Then you have paid an awful lot for a future that isn't there. Your position then is pretty bad.”

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Book:Current problems in security analysis
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“When I wrote 'The Giver,' it contained no so-called 'bad words.' It was set, after all, in a mythical, futuristic, and Utopian society. Not only was there no poverty, divorce, racism, sexism, pollution, or violence in the world of 'The Giver'; there was also careful attention paid to language: to its fluency, precision, and power.”

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Author:Lois Lowry
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“[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).”

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Author:Warren Buffett
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