A Quote by Peter Hargreaves
People should buy a house to live in, not as an investment. Property has become such a national obsession - it was the primary subject at dinner parties and how many television shows were dedicated to the market. It's not good for the economy.
Related Quotes
Instead of going out to dinner, buy good food. Cooking at home shows such affection. In a bad economy, it's more important to make yourself feel good.
At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better, that what happens in China is not going to have that devastating effect on car sales here or how many people buy Apple phones or what happens at - how many people shop at Wal-Mart.
We've been trained to spend money since we were born with all these commercials with toys and G.I. Joes and Transformers. But there's so many things in the supermarket, there's so many things on television that automatically, when you turn it on, are saying, 'Buy! Buy! Buy! Buy! Buy! Buy! Buy!'
As people seek to improve their living environment, there will be continuous demand for residential property. Investment in real estate market should have reasonable prospects in the long run.
You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.
I think it's become fashionable for the snobbish egghead today to make fun of television. I've heard many people, boast, "I would never have a television set in my house," well, these people are fools.
Don't try to buy art as an investment. Buy something you really love because you're going to have to look at it again tomorrow. And an investment can go up or down. Buy something you really adore, you really like, and you want to live with. And if you decide some years later you don't want to live with it anymore, sell it. Get out.
I think the Netherlands will become one big city at a point. It is inevitable when you live in a country with so many people. You cannot afford to leave nature as it is. Some people believe that the dunes should be left in their original state, but I think it's strange to let things become how they were 500 years ago.
Home, the idea of home, is my principal purpose. If people have bought a house as an investment or chosen the furniture because they'll be able to sell it for more, you can tell in two minutes. You know, our parents didn't buy a house as an investment. They bought it as a place to bring you up, to give you roots.
I didn't like parties.I didn't know how to dance and people frightened me, especially people at parties. They attempted to be sexy and gay and witty and although they hoped they were good at it, they weren 't. They were bad at it. Their trying so hard only made it worse.
It is rare, with people who are on television or celebrities or actors - it's rare to go to their house for a party and find they cooked. That's rare. Usually people don't cook for their own parties, and they don't buy their own gifts. There are people that do that, and that is a special thing. Those kind of little human touches are nice.
There are a lot of singers who cannot sing to save their lives. We have to accept it, but thank God there is such a thing as live shows. It's only when people are faced with live shows that the world gets to know how good or how bad they are.
When we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage.
There’s a virtuous cycle when people have to defend challenges to their ideas. Any gaps in thinking or analysis become clear pretty quickly when smart people ask good, logical questions. You can’t be a good value investor without being an independent thinker – you’re seeing valuations that the market is not appreciating. But it’s critical that you understand why the market isn’t seeing the value you do. The back and forth that goes on in the investment process helps you get at that.
It should be clear to everyone that the nation's steadfast policy should afford every American of working age a realistic opportunity to acquire the ownership and control of some meaningful form of property in a growing national economy.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman