ANDRE KOSTOLANY

André Kostolany

Wisdoms
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Let these great contemporay economists inspire yourself!
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Thinking about money one day per month is more profitable than working hard for it for 30 days (Rockefeller)

In a gold rush, do not invest in gold diggers but in sholves. (Andre Kostolany)

The two most difficult things at the stock market are to accept a loss and not to realize a small profit. (Andre Kostolany)

What counts is not the quality of the shares but the quality of the shareholders. (Andre Kostolany)

"Market price has nothing to do with the value of the share but with the fear or greed of the shareholders." (R. Flach CEO WCM AG)

"Bankers are people who lend you their umbrella in good weather, but who want to have it back as soon as it starts raining." (Mark Twain)

"Who has a lot of money, can speculate.
Who has little money, must not speculate.
Who has no money, has to speculate."(Andre Kostolany)

"At the stock market you have to behave as if you take a bath in cold waters: jump in, and get out again quickly". (Carl Meyer Rothschild)

"Who wants to sleep well, should bonds. Who wants to eat well, prefers shares." (Andre Kostolany)

"The secret of financial success is to buy cheap, to sell expensive, to collect the money quickly and pay late." (Richard Lewin)

"How to realize when it´s the best time to buy shares is the fact that people become greedy, scary and stupid, and this is quite predictable. However, not in which order." (Warren Buffet)

"Concentrade on your investments. If you have a harem with 40 women, you will never get to know one of them well enough." (Warren Buffet)

The future is never certain ...
... even for a little bit of certainty you have to pay a high price. Uncertainty is therefore to long-term investor´s best friend. (Warren Buffet)

At the stock exchange, 2 times 2 is never 4, but 5 minus 1. You just gotta have the nerve to accept and endure the minus 1. (Andre Kostolany)

"I can calculate the planets course centimeter by centimeter, but not where crazy crowds can take a market price."(Isaac Newton, English physicist)

"Most people don´t become rich for one simple reason: they don´t have time to make money because they are working too hard and too much."(Jimmy Duante)

Talking about money, there is only one key word: MORE!(Andre Kostolany)

Buying shares and drinking valerian. When you wake up, you´ve made money.(Andre Kostolany)

Anybody can speculate. But doing it at the righ time - that´s the art behind it.(Andre Kostolany)
The relation between stock exchange and economy is like a man walking his dog. The man walks slowly, the dog runs back and forth.(Andre Kostolany)

Decisions about money are best made when you read newspapers between the lines.(Andre Kostolany)

The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun.(John D. Rockefeller)

The most important thing for a young man is to establish a credit ... a reputation, character.(John D. Rockefeller)

The only question with wealth is, what do you do with it?(John D. Rockefeller)

The way to make money is to buy when blood is running in the streets.(John D. Rockefeller)

If you only goal is to become rich, you will never achieve it.(John D. Rockefeller)