Home > Work > Learn to Earn: A Beginner's Guide to the Basics of Investing and Business
1 " A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesn "
― Peter Lynch , Learn to Earn: A Beginner's Guide to the Basics of Investing and Business
2 " Find something you enjoy doing and give it everything you've got, and the money will take care of itself. "
3 " more than eight hundred thousand Americans file for personal bankruptcy every year. "
4 " This is a crucial safeguard of our capitalist system, because if shareholders could be sued whenever a company made a mistake, people like you and me would be afraid to buy shares and become investors. "
5 " This is a crucial safeguard of our capitalist system, because if shareholders could be sued whenever a company made a mistake, people like you and me would be afraid to buy shares and become investors. Why would we want to run the risk of being held responsible for another big oil spill, or a rat hair in a hamburger, or the endless variety of mishaps that occur in business every day? Without limited liability, nobody would want to buy a single share of stock. "
6 " When we say this, we’re assuming you are a long-term investor who is determined to stick with stocks no matter what. "
7 " As far back as 1602, Dutch people were buying shares in the United Dutch East India Company. This was the world’s first popular stock, sold on the world’s first popular stock exchange, which operated from a bridge over the Amstel River in Amsterdam. Crowds of eager investors gathered there, trying to get the attention of a stockbroker, and when their pushing and shoving got out of hand, police were called in to restore the peace. "
8 " A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesn’t. "
9 " But in the second half of the nineteenth century, when the United States was an emerging nation, prices held steady, even though the banks had begun printing money like crazy. "
10 " By now you might be wondering what’s the point of investing in a stodgy old company such as IBM, GM, or U.S. Steel? There are several reasons you might do this. First, big companies are less risky, in that they generally are in no danger of going out of business. Second, they are likely to pay a dividend. Third, they have valuable assets that might be sold off at a profit. "
11 " there was no longer an economic benefit in forcing people into a life of servitude. "
12 " The combination of new equipment and new chemicals turned the American farm into the most efficient food bank on earth, capable of producing more wheat, corn, and so forth, per acre than any other country's farms in the history of agriculture. "
13 " A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesn't. "
14 " They worked out a new deal between another group of investors (headed by John Peirce) and the Plymouth Company, which owned the land. "
15 " The offspring of immigrant factory workers had a chance to go to college and become doctors, lawyers, executives, and even owners of the very companies where their parents and grandparents worked long hours for low pay. "
16 " You can play the alphabet game, A to Z, naming a public company for each letter. "
17 " Debt is saving in reverse. The more it builds up, the worse off you are. "
