Quote

Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.

Henry Ford

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Henry Ford
Age: 83 †
Born: 1863
Born: July 30
Died: 1947
Died: April 7
Business Magnate
Engineer
Entrepreneur
Industrialist
Inventor
Journalist
Peace Activist
Politician
Racing Automobile Driver
Writer
Dearborn
Michigan
Speculation
Prices
Services
Goods
Instead
Word
Supplying
Making
Manipulation
Money
Covering

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We teach children to save their money. As an attempt to counteract thoughtless and selfish expenditure, that has value. But it is not positive it does not lead the child into the safe and useful avenues of self-expression or self-expenditure. To teach a child to invest and use is better than to teach him to save.
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Competition whose motive is merely to compete, to drive some other fellow out, never carries very far.
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When I can't handle events, I let them handle themselves.
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There are always two kinds of people in the world - those who pioneer and those who plod. The plodders always attack the pioneers. They say that the pioneers have gobbled up all the opportunity, when, as a plain matter of fact, the plodders would have nowhere to plod had not the pioneers first cleared the way.
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Too many men are afraid of being fools.
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What we are entering is a power age, and the importance of the power age lies in its ability, rightly used with the wage motive behind it, to increase and cheapen production so that all of us may have more of this world's goods. The way to liberty, the way to equality of opportunity, the way from empty phrases to actualities, lies through power
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When I see an Alfa Romeo go by, I tip my hat.
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If two people agree, one of them is unnecessary.
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There should be no unemployment. There is large percentage of labor now which cannot make a living because wages are not high enough. That is industry's 2nd job. 1st job is to make good product. 2nd pay a good wage.
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You must know all there is to know in your particular field and keep on the alert for new knowledge. The least difference in knowledge between you and another man may spell his success and your failure.
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A big business never becomes big by being a narrow society looking after only the interests of its organization and stockholders.
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Competition is the keen cutting edge of business, always shaving away at costs.
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Any man can learn anything he will, but no man can teach except to those who want to learn.
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Anyone who stops learning is old β€” whether this happens at twenty or at eighty. Anyone who keeps on learning not only remains young but becomes constantly more valuable β€” regardless of physical capacity.
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People can have the Model T in any color – so long as it’s black.
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Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.
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A man who cannot think is not an educated man however many college degrees he may have acquired.
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A company that does not produce anything other than money is a poor business
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Don't find fault, find a remedy.
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There is no such thing as no chance.
Henry Ford