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484 Economist Quotes

Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.

Attended Consumer Consumption End
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To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks

Achieve Investment People Superior
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In the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgment are at hand.

World Supreme Courage Virtue
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You must never delude yourself into thinking that you're investing when you're speculating.

Never Delude Thinking Investing
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Successful investing is about managing risk, not avoiding it.
Successful Investing Managing Risk
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Individuals who cannot master their emotions are ill-suited to profit from the investment process.

Indivuidual Master Emotions Ill-suited
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The essence of investment management is the management of risks, not the management of returns.

Essence Investment Management Risk
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Investing isn't about beating others at their game. It's about controlling yourself at your own game.

Investing Beating Game Controlling
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“Buy when most people, including experts, are pessimistic, and sell when they are actively optimistic.

Buy People Expert Pessimistic
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Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.

Invest Realistically Assessed Probability
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Good management produce a good average market price, and bad management produce bad market prices.

Management Price Good Market
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The genuine investor in common stocks does not need a great equipment of brain and knowledge, but he does need some unusual qualities of character.

Great Genuine Stocks Equipment
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Never mingle your speculative and investment operations in the same account nor in any part of your thinking.
Mingle Speculative Investment Account
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While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster.

Enthusiasm Accomplishment Street
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The true investor will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

Investor Better Stock Market
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The best values today are often found in the stocks that were once hot and have since gone cold.
Best Value Stock Gone
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A man is great by deeds, not by birth.

Man Great Deed Birth
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Once you start a working on something, don't be afraid of failure and don't abandon it. People who work sincerely are the happiest.

Once Start Working Afraid
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The fragrance of flowers spreads only in the direction of the wind. But the goodness of a person spreads in all directions.

Flowers Fragrance Spread Direction
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A person should not be too honest. Straight trees are cut first and honest people are screwed first.
Person Honest Straight Trees
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Before you start some work, always ask yourself three questions - Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead.

Work Always Ask Questions
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Books are as useful to a stupid person as a mirror is useful to a blind person.
Books Useful Stupid Person
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As soon as the fear approaches near, attack and destroy it.

Fear Soon Approaches Attack
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Even if a snake is not poisonous, it should pretend to be venomous.
Snake Poisonous Pretend Venomous
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There is some self-interest behind every friendship. There is no friendship without self-interests. This is a bitter truth.

Self-interest Friendship Bitter Truth
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Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth.

Education Friend Person Respected
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The world's biggest power is the youth and beauty of a woman

World Biggest Power Youth
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A good wife is one who serves her husband in the morning like a mother does, loves him in the day like a sister does and pleases him like a prostitute in the night.

Good Wife Serve Husband
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God doesn't dwell in the wooden, stony or earthen idols. His abode is in our feelings, our thoughts.

God Dwell Wooden Stony
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Do not reveal what you have thought upon doing, but by wise council keep it secret being determined to carry it into execution.

Reveal Thought Wise Council
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Test a servant while in the discharge of his duty, a relative in difficulty, a friend in adversity, and a wife in misfortune.

Test Servant Duty Relative
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The wise man should restrain his senses like the crane and accomplish his purpose with due knowledge of his place, time and ability.

Wise Man Restrain Sense
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The life of an uneducated man is as useless as the tail of a dog which neither covers its rear end, nor protects it from the bites of insects.
Dog Life Uneducated Man
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The earth is supported by the power of truth; it is the power of truth that makes the sun shine and the winds blow; indeed all things rest upon truth.

Earth Supported Power Truth
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The one excellent thing that can be learned from a lion is that whatever a man intends doing should be done by him with a whole-hearted and strenuous effort.

One Excellent Thing Learned
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Do not be very upright in your dealings for you would see by going to the forest that straight trees are cut down while crooked ones are left standing.
Upright Dealing Forest Straight
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He who is overly attached to his family members experiences fear and sorrow, for the root of all grief is attachment. Thus one should discard attachment to be happy.

Overly Attached Family Members
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'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.

Emergencies Always Pretext Safeguards
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I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

Think History Exaggeration Largely
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We shall not grow wiser before we learn that much that we have done was very foolish .

Shall Wiser Learn Foolish
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The mind cannot foresee its own advance.
Mind Advance Foresee Own
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Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.

Freedom Granted Beforehand Effect
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If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.

Wish Preserve Society Essential
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We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.

Face Preservation Individual Freedom
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Intellects whose desires have outstripped their understanding.

Intellect Desire Outstripped Understanding
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We have indeed at the moment little cause for pride: as a profession we have made a mess of things.

Indeed Moment Little Pride
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It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes of the events which occur in the real world.

Hardly Denied Demand Arbitrarily
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This means that to entrust to science - or to deliberate control according to scientific principles - more than scientific method can achieve may have deplorable effects.

Means Entrust Deliberate According
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The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there may be some limits to it is bound to arouse suspicion.

Expectation Natural-science Times Exceeded
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The COVID-19 is a pandemic that does not only concern others, but touches everyone of us.

Covid-19 Pandemic Touches Everyone
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