Echoes

A penny saved is a penny earned.

Gain all you can, save all you can, give all you can.

The individual investor should act consistently as an investor and not as a speculator.

The way to wealth is as plain as the way to market. It depends chiefly on two words: industry and frugality — that is, waste neither time nor money, but make the best use of both.

Frugality is founded on the principle that all riches have limits.

The man who dies rich dies disgraced.

Accumulated wealth is saved by spending, just as incoming fresh water is saved by letting out stagnant water.

The man who dies thus rich dies disgraced.

Be ever active in the management of the economy, because the root of wealth is economic activity; inactivity brings material distress.

With parsimony a little is sufficient; without it nothing is sufficient; but frugality makes a poor man rich.

We make a living by what we get, but we make a life by what we give.

Watch the costs and the profits will take care of themselves.

Virtue is the root; wealth is the result.

All the real money in investment will have to be made—as most of it has been in the past— not out of buying and selling but out of owning and holding securities, receiving interests and dividends therein, and benefiting from their long-term increases in value. Hence stockholder's major energies and wisdom as investors should be directed toward assuring themselves of the best operating results from their corporations. This in turn means assuring themselves of fully honest and competent managements.

He is richest who is content with the least, for contentment is the wealth of nature.

There are few ways in which a man can be more innocently employed than in getting money.

Rather go to bed supperless than rise in debt.

More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.

He who knows that enough is enough will always have enough.

Self-sufficiency is the greatest of all wealth.

Self-sufficiency is the greatest of all wealth.

Investment is most intelligent when it is most businesslike.

The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.

Being the richest man in the cemetery doesn't matter to me … Going to bed at night saying we've done something wonderful... that's what matters to me.

An investment in knowledge pays the best interest.