martes, 25 de septiembre de 2018

What to study and how to study it are more important than where to study it

Even today, what to study and how to study it are more important than where to study it and for how long. The best teachers are on the Internet. The best books are on the Internet. The best peers are on the Internet. The tools for learning are abundant. It’s the desire to learn that’s scarce.
Andrea von Roth www.monedamanagement.com

Money is the currency of transactions

Money is the currency of transactions. Trust is the currency of interactions. Andrea von Roth www.monedamanagement.com

martes, 11 de septiembre de 2018

The Stock market is a wonderful reallocation machine

The Stock market is a wonderful reallocation machine,
moving money from those focused on today to those focused
on their long-term goals; from the emotional to the
dispassionate; from those who trade on gut feelings
to those who use a systematic method and from the
greedy to the patient. As long as human beings price stocks,
this will remain a fundamental function of the market.

Andrea von Roth
www.monedamanagement.com

domingo, 9 de septiembre de 2018

Freedom is the cornerstone of Prosperity

Only when people are free to act without arbitrary interference by the government and to amass great fortunes do we get an innovative, prosperous, opportunity-rich society. Silicon Valley wasn’t built by paupers and ascetics. Andrea von Roth www.monedamanagement.com

America liberated human ability and celebrated human achievement

There is a reason America became the land of opportunity, and it was not because we modeled ourselves after the Old World. It was because we did something unprecedented: we liberated human ability and celebrated human achievement. Our future will be determined by whether we recommit ourselves to the ideal of opportunity—or whether we abandon that ideal in the name of waging war on economic inequality. Andrea von Roth
www.monedamanagement.com


Wealth consists of particular values created by particular individuals

Wealth is not actually a pie belonging to the nation as a whole. It consists
of particular values created by particular individuals (often working
together in groups) and belonging to those particular individuals. Wealth
is not distributed by society: it is produced and traded by the people who
create it. To distribute it, society would first have to seize it from the
people who created it.

Andrea von Roth
www.monedamanagement.com