A Quote by Henry Hazlitt

From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation.

Henry Hazlitt

Quote Topics

Any Buying Buying Gold Capital Economic Gold Holding Inflation Investment Least Loss Major Point Point Of View Presents Risk Speculation Strictly View

Quote Author

Henry Hazlitt
American - Philosopher
November 28, 1894 - July 9, 1993

A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors: The probability that the investment you chose will preserve your capital over the time you intend to invest your funds. The probability the investments you select will outperform alternative investments for this period.

David Dreman

In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?

Li Lu

All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity.

Irwin Schiff

The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.

Seth Klarman

Using volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return.

Charlie Munger

I'm just collecting gold presents, which is more fun, actually, than buying gold.

Irina Shayk

What is art?... From a strictly logical point of view, a question with no clear answer comes under the suspicion of being meaningless. But a strictly logical point of view never shows us much about art.

Carter Ratcliff

The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.

John F. Kennedy

The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.

John F. Kennedy

A tax on capital is self-defeating, in that it slows down capital accumulation, investment and economic growth.

Maxime Bernier

I'm not making any money, but I view it as some sort of investment, or like buying myself a great present.

Christopher Owens

I am highly variable in my devotion. From a doctrinal point of view or a dogmatic point of view or a strictly Catholic adherent point of view, I'm first to say that I talk a good game, but I don't know how good I am about it in practice.

Stephen Colbert

Just because a company's future is highly uncertain doesn't mean an investment in it is risky. In fact, some of the best potential investments are highly uncertain but have little risk of permanent capital loss.

Whitney Tilson

The Fed's buying is far more important to the market price of U.S. debt than any other economic variable. If the Fed stops buying, it doesn't matter whether unemployment goes up or down. It doesn't matter whether inflation is higher or lower. Its influence on the market is dominant.

Porter Stansberry

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management.