“My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of course he was just using new investors' money to pay old investors, and soon he was on the lam.” YearsCoursesPayKnownWeekReturnPercentMy FavoriteInvestors Author:Mitchell Zuckoff
“We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.” GivingBelieveWarEnoughWisdomJobsPoliticsPayCompanyEconomyOur LivesShareReturnTruth IsPercentCapitalismDollarsDebtMiserableLiberalismEnterpriseClosestCheeseMiceWagesSalaryDividendsFree EnterpriseSerfs Book:Left at the post Source: Left at the post
“If we functionally define a capitalist household as one that receives at least half of the annual income it spends on consumption in the form of return on invested capital, less than 1 percent of United States households are capitalists.” IfsStatesWisdomFormPoliticsUnitedHalfUnited StatesEconomyReturnPercentIncomeLiberalismCapitalistHouseholdConsumptionAnnuals Author:Louis O. Kelso
“On average, 90 percent of the variability of returns and 100 percent of the absolute level of return is explained by asset allocation.” LevelsReturnPercentAbsolutesInvestingAverageAssetsAllocationVariabilityAsset Allocation Author:Roger G. Ibbotson
“No form of human exchange is more profitable than the exchange of ideas. If I give you a thought in return for one of your thoughts, each of us will have gained a 100 percent dividend.” IfsGivingHumansIdeasFormReturnPercentProfitableDividends Author:Napoleon Hill
“Nothing highlights better the continuing gap between rhetoric and substance in British financial services than the failure of providers here to emulate Jack Bogle's index fund success in the United States. Every professional in the City knows that index funds should be core building blocks in any long-term investor's portfolio. Since 1976, the Vanguard index funds has produced a compound annual return of 12 percent, better than three-quarters of its peer group.” KnowsShouldLongStatesThreeTermUnitedCitiesUnited StatesGroupsBuildingReturnPercentInvestingFinancialBritishCoreBlockSubstanceLong TermFundGapsInvestorsQuartersContinuingRhetoricPeersCompoundsAnnualsHighlightsEmulateProvidersPortfoliosBuilding BlocksVanguardIndex FundsFinancial ServicesPeer Group Author:Jonathan Davis
“I'm not the only taxpayer who has no idea what he's sending to the IRS. This year, only 28 percent of all Americans will prepare their own tax returns, according to a voice in my head that invents accurate-sounding statistics.” YearsIdeasVoiceReturnTaxesPercentNo IdeaStatisticsAccurateTaxpayersIrsTax ReturnsVoices In My Head Author:Dave Barry
“I do not want to return to the Ukraine of the 1990s and the time of privatization. Ninety-eight percent of Ukrainian companies obey the laws.” WantLawCompanyReturnPercentEightNinetyUkraineUkrainianPrivatizationNinety Eight Author:Viktor Yushchenko
“If your company matches your 401(k) contribution, then no matter what, contribute to your 401(k) first. You put in a dollar, they put in 50 cents. It's an automatic 50 percent return on your money. You can't pass that up. I'd rather have the 50 percent than pay 32 percent interest on a credit card.” IfsFirstsMatterInterestPayCompanyReturnPercentNo Matter WhatDollarsCreditCardsContributionCentsCredit Card Author:Suze Orman
“Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.” WorldLittlesPiecesReturnPaperPercentBillsBillionsBuyingGoodsConsumingTreasuryGoods And ServicesTreasury Bill Author:Warren Buffett
“The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.” PeopleChildrenYoungSocialSecurityMinesReadyReturnPercentNegativeRateRetirementRetiringSocial SecurityPercentagesYoung Children Author:Paul Ryan