A Quote by Charlie Munger
We've had the most massive creation of wealth for people a lot younger than those who formerly got wealth in the history of the world. The world is full of young people who really want to get rich, and when I left school nobody thought it was a reasonable possibility.
Related Quotes
The world is full of people who want their ears tickled on strategies for wealth creation and protection and so-called revealed secrets to wealth creation. And there are plenty of slick 'business coaches' who are more than willing to do just that - for a fee. This is the world of the seminar guru.
The number one reason most people don't get what they want is that they don't know what they want. Rich people are totally clear that they want wealth. They are unwavering in their desire. They are fully committed to creating wealth. As long as it's legal, moral, and ethical, they will do whatever it takes to have wealth. Rich people do not send mixed messages to the universe. Poor people do.
When I went to high school - that's about as far as I got - reading my U.S. history textbook, well, I got the history of the ruling class. I got the history of the generals and the industrialists and the presidents that didn't get caught. How 'bout you? I got all of the history of the people who owned the wealth of the country, but none of the history of the people that created it.
Fair tax does not mean we don't want to encourage wealth creation. Wealth creation is how we raise the money to pay for world class schools and hospitals, for proper care of the weak, and dignity for the elderly.
The greatest wealth of this nation is not only the mergers of giant corporations or the possibility of further globalization of the infrastructure of the world. In the United States, our greatest single source of wealth is the minds and talent of our young people. Not to use it is stupid - to waste it is a crime.
It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability. Nobody is afraid that the money they place in the US is at risk of expropriation or of in some other way being taken away. For this safety, the wealth holders of the world are willing to accept a lower rate of return.
The rich people are those who create wealth, and you have to treat them well so they continue to give wealth.
When most people are unhappy customers, they get mad; I try to get rich. All of my businesses started the same way: I got rich by improving the world and making a lot of people happier in the process.
If we want the whole world to be rich, we need to start loving wealth. In the difference between poverty and plenty, the problem is the pverty, not the difference. Wealth is good.
In China, the rich enslaved the poor, and in England and Scotland and all over the world, one person, through his power and wealth and standing, was able to enslave others. Don't torget, mankind has had wars where we sent armies to enslave other countries; history is full of slavery.
For people who are at the bottom economically, the world is becoming a harder and harder place. And yet the incentives to become rich are so great because enormous amounts of wealth are being accumulated. And so those two things, that carrot and stick, are beating people along this trajectory of trying desperately to move up in the world.
The goal of truly rich people is to have massive wealth and abundance.
Rich people in poor places want to show off their wealth. And their less affluent counterparts feel pressure to fake it, at least in public. Nobody wants the stigma of being thought poor.
for someone such as myself, who is kind of feckless and immature, it's better to have rich friends than to be rich yourself, because then you have wealth without the responsibility. You get to go to their houses, and you get acquainted with a level of furniture that you cannot provide for yourself. Furniture, I think is the most important attribute of rich people.
There's a wealth gap that is happening, and that is all over the world, you know? The rich are getting richer and holding a higher percentage of money or wealth that's out there.
These days, the media is defining what cultural capital is, and it's easily learned. If you have money, anything can be bought. We see this in China and Russia with what I call the "Bling Dynasty and New Oligarchy" in Generation Wealth. As people got rich and everybody started buying Louis Vuitton bags, it became clear that to distinguish yourself you had to have more than an expensive bag. People began to want the things that money is not supposed to be able to buy - history, tradition, education, and culture.
Related Authors
Bill Gates Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Elon Musk Quotes
South African
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