Quote by Billy Rose

Never invest your money in anything that eats or needs repairing.

Never invest your money in anything that eats or needs repai

Summary

This quote advises against investing in assets that require ongoing costs for maintenance or repairs, such as vehicles or high-maintenance properties. The underlying principle is to avoid putting money into assets that come with additional financial burdens in the long run. Instead, it suggests focusing on investments that have a lower risk of substantial ongoing expenses, ensuring a better return on investment over time.

Topics

Investment

By Billy Rose

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