Compound Interest Quotes

On this page you will find all the quotes on the topic "Compound Interest". There are currently 43 quotes in our collection about Compound Interest. Discover the TOP 10 sayings about Compound Interest!
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  • As with our colleges, so with a hundred "modern improvements"; there is an illusion about them; there is not always a positive advance. The devil goes on exacting a compound interest to the last for his early share and numerous succeeding investments in them.

    Henry David Thoreau (1882). “Walden”, p.84
  • Put God in your debt. Every stroke shall be repaid. The longer the payment is with-held, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.

    Debt   Usage   Payment  
    RALPH WALDO EMERSON (1911). “THE AMERICAN SCHOLAR SELF-RELIANCE COMPENSATION”
  • Knowledge and productivity are like compound interest. The more you know, the more you learn; the more you learn, the more you can do; the more you can do, the more the opportunity. I don`t want to give you a rate, but it is a very high rate. Given two people with exactly the same ability, the one person who manages day in and day out to get in one more hour of thinking will be tremendously more productive over a lifetime.

    "'You and Your Research' - 1986 Speech by Dr. Richard W. Hamming". www.valueinvestingworld.com. September 21, 2009.
  • My wealth has come from a combination of living in America, some lucky genes, and compound interest.

    America   Lucky   Wealth  
    "The Giving Pledge". "This Week" with Christiane Amanpour, abcnews.go.com. November 28, 2010.
  • Injuries accompanied with insults are never forgiven: all men, on these occasions, are good haters, and lay out their revenge at compound interest.

    Revenge   Men   Insult  
    Charles Caleb Colton (1836). “Lacon: Or, Many Things in Few Words, Addressed to Those who Think”, p.215
  • Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay.

    Debt   Pay   Economy  
    Source: www.counterpunch.org
  • Read 500 pages every day. That's how knowledge works. It builds up like compound interest.

    "How To Use The Reading Habits of Billionaires To Radically Improve Your Intelligence and Success" by Elle Kaplan, www.huffingtonpost.com. November 23, 2016.
  • Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society.

  • Imagination is the most powerful force in the universe.

  • Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks it own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds.

    "The Exposition of 1851; or, Views of the industry, the science, and the government of England".
  • Time is your friend; impulse is your enemy.

    John C. Bogle (2012). “The Clash of the Cultures: Investment vs. Speculation”, p.234, John Wiley & Sons
  • Compound interest is proof of gods existence.

  • Thus far we have considered the problem of conservation of land purely as an economic issue. A false front of exclusively economic determinism is so habitual to Americans in discussing public questions that one must speak in the language of compound interest to get a hearing.

    Land   Rivers   Issues  
    Aldo Leopold (2013). “Aldo Leopold: A Sand County Almanac & Other Writings on Conservation and Ecology: (Library of America #238)”, p.315, Library of America
  • In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table.

    Dog   Machines   Tables  
  • In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation of debt. Our merchants and master manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods, both at home and abroad. They say nothing concerning the bad effects of high profits; they are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.

    "An Inquiry into the Nature and Causes of the Wealth of Nations".
  • Good and evil both increase at compound interest. That is why the little decisions you and I make every day are of such infinite importance. The smallest good act today is the capture of a strategic point from which, a few months later, you may be able to go on to victories you never dreamed of. An apparently trivial indulgence in lust or anger today is the loss of a ridge or railway line or bridgehead from which the enemy may launch an attack otherwise impossible.

    Loss   Evil   Decision  
    "The Complete C. S. Lewis Signature Classics".
  • I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.

    "Ask the Author Live: James Surowiecki on Procrastination". Live chat, www.newyorker.com. October 1, 2010.
  • Tribalism is the most powerful force in the world.

    Patrick Dixon (2011). “Futurewise”, p.127, Profile Books
  • There is a third silent party to all our bargains. The nature and soul of things takes on itself the guaranty of the fulfillment of every contract, so that honest service cannot come to loss. If you serve an ungrateful master, serve him the more. Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.

    Party   Loss   Ungrateful  
    Ralph Waldo Emerson (1808). “Select Essays and Poems”, p.21
  • In any case, do you really think kids even want something that is relevant to their daily lives? You think something practical like compound interest is going to get them excited? People enjoy fantasy, and that is just what mathematics can provide - a relief from daily life, an anodyne to the practical workaday world.

    Kids   Math   Thinking  
  • Most great fortunes are built slowly. They are based on the principle of compound interest, what Albert Einstein called, "The greatest power in the universe."

  • Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself.

    Growth   Defeat   Teach  
    "Storage and Stability". Book by Benjamin Graham. Part II, Chapter VIII,Ultimate Uses of the Stored Units, p. 103, 1937.
  • Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things.

  • The drafts which true genius draws upon posterity, although they may not always be honored so soon as they are due, are sure to be paid with compound interest in the end.

    Genius   Literature   May  
    Charles Caleb Colton (1866). “Lacon: or, Many things in few words”, p.123
  • Good and evil increase at compound interest. That's why the little decisions we make every day are of infinite importance.

  • Good and evil both increase at compound interest.

    C. S. Lewis (2003). “A Mind Awake: An Anthology of C. S. Lewis”, p.171, Houghton Mifflin Harcourt
  • The most powerful force in the universe is gossip.

    Dave Barry (1998). “Dave Barry Turns 50”, Crown
  • Compound interest is the eighth natural wonder of the world and the most powerful thing I have ever encountered.

  • Karma is an energy debt which you owe or an energy credit which is owed you. Both involve compound interest that is added to the equation making it either a burden or a blessing.

    Karma   Blessing   Energy  
  • Albert Einstein when asked what he considered to be the most powerful force in the universe answered: Compound interest!

    "The Complete Neurotic's Notebook". Book by Mignon McLaughlin, 1981.
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