The Eighth Wonder of the World Is Compound Interest

Albert Einstein? Napoleon Bonaparte? Baron Rothschild? Paul Samuelson? John D. Rockefeller? Advertising Copy Writer? Apocryphal? Dear Quote Investigator: Salespeople and advertisers invoke the name of the scientific genius Albert Einstein when they wish to impress gullible individuals. The following grandiose statement has been attributed to Einstein: Compound interest is the eighth wonder of the world. …

A Pessimist Sees the Difficulty in Every Opportunity; an Optimist Sees the Opportunity in Every Difficulty

Winston Churchill? Bertram Carr? F. W. Cole? John D. Rockefeller? L. P. Jacks? Helen Keller? Anonymous? Dear Quote investigator: Here are four versions of a popular saying about differing mental attitudes: The pessimist sees an obstacle in every opportunity; the optimist sees an opportunity in every obstacle. An optimist finds an opportunity in every difficulty; …

I Believe the Market Is Going to Fluctuate

John Pierpont Morgan? John D. Rockefeller? William Rockefeller? Jay Gould? Jesse Livermore? Dear Quote Investigator: The best-known prediction for investors is also the most humorously vacuous. According to legend a young person approached one of the top businessmen in the U.S. and asked with an undertone of desperation for guidance in the stock market. The …