When The Accumulation Of Wealth

The Treasury Could Fill Old Bottles With Banknotes And Bury Them..and Leave It To Private Enterprises On Well-tried Principles Of Laissez-faire To Dig The Notes Up Again.

The Central Principle Of Investment Is To Go Contrary To The General Opinion, On The Grounds That If Everyone Agreed About Its Merits, The Investment Is Inevitably Too Dear And Therefore Unattractive.

I Don't Feel The Least Humble Before The Vastness Of The Heavens.

I Expect To See The State, Which Is In A Position To Calculate The Marginal Efficiency Of Capital-goods On Long Views And On The Basis Of The General Social Advantage, Taking An Ever Greater Responsibility For Directly Organizing Investments.

As Time Goes On, I Get More And More Convinced That The Right Method Of Investment Is To Put Fairly Large Sums Into Enterprises Which One Thinks One Knows Something About And In The Management Of Which One Thoroughly Believes.