BusinessQuotes

Somerset Maughm

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  • You Europeans know nothing about America. Because we amass large fortunes you think we care for nothing but money. We care nothing for it; the moment we have it, we spend it, sometimes well, sometimes ill, but we spend it. Money is nothing to us; it’s merely the symbol of success. We are the greatest idealists in the world; I happen to think that we’ve set our ideal on the wrong objects; I happen to think that the greatest ideal man can set before himself is self-perfection.

  • — Somerset Maughm
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Quotes

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Now, speculation – in which the focus is not on what an asset will produce but on what the next fellow will pay for it – is neither illegal, immoral, nor un-American. But it is not a game in which Charlie and I wish to play. We bring nothing to the party, so why should we expect to take anything home? - alluding to why he and his partner avoid speculation.

—Warren Buffett (1930-) American Investor
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