Net Worth Quotes - Page 2

• Gates's net wealth is greater than the combined net worth of the poorest 40% of Americans (112,000,000 people).

  Ralph Nader

  People, Wealth, Gates

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• I built a net worth of more than $10 billion. I have a great, great company. I employ thousands of people. And I'm very proud of the job I did.

  Donald Trump

  Jobs, People, Proud

  Source: www.cbsnews.com

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• As our net worth falls, so does our self-worth. Ironically, it's when we don't have it that we most feel we have to flaunt it.

  Suze Orman

  Money, Fall, Self Worth

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• ... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.

  Warren Buffett

  Should Have, Decision, Important

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• Whites have more than eleven times the net worth or wealth of African Americans. They make greater salaries. Our unemployment rate is twice theirs. You look at the prison system and who that's chewing up.

  Randall Robinson

  African American, Salary, Unemployment

  Interview with Amitabh Pal, www.sharedhost.progressive.org. September 26, 2005.

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• I never wanted to be on any billionaires list. I never define myself by net worth. I always try to define myself by my values.

  Howard Schultz

  Trying, Lists, Billionaire

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• This is an amazingly sound place. We are more disaster-resistant than most other places. We haven't pushed it as hard as other people would have pushed it. I don't want to go back to Go. I've been to Go. A lot of our shareholders have a majority of their net worth in Berkshire, and they don't want to go back to Go either.

  Charlie Munger

  People, Majority, Sound

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• I want to talk with people who care about things that matter that will make a life changing difference. True or true? Yes or yes? I never let my subject get in the way of what I want to talk about. When your self-worth goes up, your net worth goes up with it. In imagination, there's no limitation. Don't think it, ink it.

  Mark Victor Hansen

  Life Changing, Self Worth, Thinking

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• Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.

  Thomas J. Stanley

  Age, Income, Inheritance

  Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.13, Government Institutes

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• Wages for the ninety-nine percent have gone down, steadily, since 2008. They've gone down especially for the bottom twenty-five percent of the population. This means that they've gone down especially for Blacks and Hispanics and other blue-collar workers. Their net worth has actually turned negative, and they don't have enough money to get by.

  Michael Hudson

  Mean, Ninety Nine, Blue

  Source: www.counterpunch.org

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• Bargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost in a market sell-off is of little consequence. We see the latest correction not as a disaster but as an opportunity to acquire more shares at low prices. This is how great fortunes are made over time.

  Peter Lynch

  Opportunity, Holy Grail, Littles

  Peter Lynch (2012). “Beating the Street”, p.115, Simon and Schuster

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• To save the banks from making losses that would wipe out their net worth, you'll have to get rid of Social Security. It means that you'll essentially have to abolish government and turn it over to the banking system to run, with an idea that the role of governments is to extract income from the economy to pay to the bondholders and the banks.

  Michael Hudson

  Running, Mean, Loss

  Source: www.counterpunch.org

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• If my sense of security lies in my reputation or in the things I have, my life will be in a constant state of threat and jeopardy-a fear that these possessions may be lost, stolen, or devalued. If I'm in the presence of someone of greater net worth, fame, or status, I feel inferior. If I'm in the presence of someone of lesser net worth, fame or status, I feel superior. My sense of self-worth constantly fluctu-ates. I don't have any sense of constancy, anchorage, or persistent selfhood. I am constantly trying to protect and insure my assets, properties, securities, position, or reputation.

  Stephen Covey

  Lying, Self Worth, Trying

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• The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution —families that in 2013 had a net worth between $81,000 and $1.9 million —held 43% of wealth in 1989 and only 36% in 2013.

  Janet Yellen

  Rose, Income, Half

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• Most wealth is inconspicuous. The man down the street driving the nice car and living in the mansion could easily have greater debt and a lower net worth than the stealthy and wealthy plumber who drives a beat-up truck but seems to work only when he doesn't feel like fishing.

  Loral Langemeier

  Nice, Men, Fishing

  Loral Langemeier (2013). “The Millionaire Maker's Guide to Creating Cash with Wealth Cycle Investing”, p.228, McGraw Hill Professional

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• Successful investors like stocks better when they’re going down. When you go to a department store or a supermarket, you like to buy merchandise on sale, but it doesn’t work that way in the stock market. In the stock market, people panic when stocks are going down, so they like them less when they should like them more. When prices go down, you shouldn’t panic, but it’s hard to control your emotions when you’re overextended, when you see your net worth drop in half and you worry that you won’t have enough money to pay for your kids’ college.

  Seth Klarman

  Kids, Successful, College

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• A strip club is one of the few places where two groups voluntarily come together who have such precipitous contrasts in net worth and familiarity with violence, each group with a head-and-shoulders edge in one category. The basic math of a tropical storm.

  Tim Dorsey

  Math, Two, Storm

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• I am a financial planner, not a psychiatrist, but I do know that your net worth will rise to meet your self-worth only if your self-worth rises to accept what can be yours.

  Suze Orman

  Self Worth, Financial, Accepting

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• My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.

  Warren Buffett

  Real, Victory, Borders

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• The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.

  Warren Buffett

  Country, Should Have, Fifty

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• I just cannot understand why we can't have better schools. That private schools are the only option for the kind of high-net-worth crowd, I think, is ridiculous. It should be a major initiative. It should be something we're all working on. We have to get our head out of the clouds.

  Marc Benioff

  School, Thinking, Clouds

  Source: www.sfgate.com

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• If you're lucky enough to have been rewarded in life to the degree that I have, there comes a point at which you have to decide whether to become a slave to your net worth by devoting the rest of your life to increasing it or to let what you've accumulated begin to serve you.

  Peter Lynch

  Degrees, Lucky, Investing

  Peter Lynch (2012). “Beating the Street”, p.8, Simon and Schuster

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• All that hullabaloo about somebody's net worth is just stupid, and it's made my life a lot more complex and difficult.

  Sam Walton

  Stupid, Made, Difficult

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• The people who ignite our imaginations in the next century will become the idea barons. Gray matter will be their real estate, and their net worth will be determined by what grows out of it.

  Joey Reiman

  Real, Creativity, Gray Matter

  Joey Reiman (2001). “Thinking for a Living: Creating Ideas That Revitalize Your Business, Career, and Life”, p.48, Taylor Trade Publishing

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• Not yet have I found any better method to prosper during the future financial chaos, which is likely to last many years, than to keep your net worth in shares of those corporations that have proven to have the widest profit margins and the most rapidly increasing profits. Earning power is likely to continue to be valuable, especially if diversified among many nations.

  John Templeton

  Years, Profit Margin, Corporations

  "Sir John Templeton: Financial Chaos and Investing" by Janet Tavakoli, www.huffingtonpost.com. May 22, 2010.

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