5 of 6 people found the following review helpful:
5.0 out of 5 stars
How to profit from the wit and wisdom of famous quotations, July 17, 1999
This review is from: The Ultimate Book of Investment Quotations (The Ultimate Series) (Paperback)
This book, a companion to The Ultimate Investor by the same authors is a reference for all who value meaningful words applied not only to investing but also to everyday life. Naturally, it ties in with investing and particularly its companion book which is referred to in nearly every chapter. Some of the quotations may be familiar to most readers but when one looks at them in the context of investing wisely, they take on a different meaning. In reading this book, one is tempted to try to memorize some of the quotations which have particular relevance to the reader's interests. This is a sign of value in what has been said which correspondingly makes the book valuable as well. Full credit goes to the authors for putting so many interesting and often witty quotations in a book which can and should be a reference for economists, investors, portfolio managers, investmen advisors and for that matter anyone who appreciates the influence of words on our daily lives. The persons quoted range from the ancient Greeks to the founders of America, to the humourists like Mark Twain, and poets like Ralph Waldo Emerson, to economists and to the modern day investment gurus like Warren Buffet, George Soros and Dean LeBaron. An important addition to any library.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars
Investment wisdom through quotes, August 12, 2009
This review is from: The Ultimate Book of Investment Quotations (The Ultimate Series) (Paperback)
Just as the title says, this book is a collection of quotes that provide readers with a wealth of investment wisdom. Some of my favorite quotes are:
"To be in the game, you have to endure the pain." George Soros
"My grandfather once told me that there are two kinds of people: those who do the work and those who take the credit. He told me to try to be in the first group. There was much less competition there." Indira Gandhi
"My idea of a group decision is to look in the mirror." Warren Buffett
"When it comes to forecasting, there are only two kinds of economists, those who don't know and those who don't know that they don't know." Ray Marshall
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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5.0 out of 5 stars
Invest in this book., October 7, 2011
This review is from: The Ultimate Book of Investment Quotations (The Ultimate Series) (Paperback)
Recently I have bought and borrowed several books on quotations as part of a project. What I have noticed is that it is quality not quantity that matters. If you are like me, you would probably prefer to read ten brilliant quotes over five pages than five brilliant quotes over ten pages. You may notice that not all quotation books are created equal, even though they may contrive to be equal or superior in appearance.
For example, the Forbes book of business contains over 10,000 quotes, and only a few pages in the entire book are dedicated to business quotations. Many quotations are by philosphers and poets, but would you hire a philosopher to run your business?
In addition, there is very little screening for the power or effect of a quote, so the book is not what it pretends to be, and it does not have a keyword search, which I found quite frustrating when looking for the single Rockefeller 'I believe' quote I wanted to write down.
On the other hand, I am very impressed with LeBaron's book. It has close to 2,800 quotes, organised according to various investment themes, such as active portfolio management, contrarian investing, risk management, manias panics and crashes, economic forecasting, politics and investing,technical analysis, value investing to mention a few of the thirty or so themes. You can also do a keyword search, although it's not as detailed as in say the Oxford Book of Quotations. I found myself copiously copying down pages of notes of notable quotes, many from Warren Buffett.
Here are a few examples:
Risk comes from not knowing what you're doing. Warren Buffett
The reasonable man adapts himself to the world. The unreasonasble one persists in adapting the world to himself. Therefore, all progress depends on the unreasonable man. George Bernard Shaw
Strangers are what friends are made of. Cullen Hightower.
Experience is the hardest kind of teacher. It gives you the test first and the lesson afterward. Unknown.
Banking is necessary. Bankers are not. Bill Gates.
Many welcome surprises await between the covers. In case you're wondering about a similarly titled and far more expensive
Dean LeBaron's Book of Investment Quotations, as far as I can tell from using the look inside feature on Amazon, both these books are virtually identical, with same chapter headings, and opening pages, the only difference being the number of pages, which means one would seem to be an earlier edition that has been retitled.
So, if you already have that book, skip this one. Otherwise get this one, and skip that one.
I think you will enjoy this book, and I hope you found this review helpful.
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