Wednesday, March 2, 2016

Let him who would enjoy a good future waste none of his present.



American entrepreneur, statistician, and author ROGER WARD BABSON (1875-1967) founded Massachusetts' Babson College, in 1919, and the state's Gravity Research Foundation in 1948. A prolific writer who explored a wide variety of topics; his books include,
The Future of the Churches,The churches have the only solution to the problems of to-day. The future of America and the entire world is bound up with the future of the churches; but the churches are not in a position to-day to handle their product. They do not even know what that product is, let alone how to apply it. Hence, the first step for the churches in order to regain their power, is the organization of a great central, scientific institution, operated by the churches and for the churches which shall be to the churches of America what the constitutional convention of 150 years ago was to the government of the United States.
The Fundamentals of Prosperity,
Religion and Business
, and
Gravity: Our Enemy No. 1.

Keep in mind that neither success nor failure is ever final.

Let him who would enjoy a good future waste none of his present.

It takes a person who is wide awake to make his dream come true.


Babson's Ten Commandments of Investing
1.      Keep speculation and investments separate.
2.      Don't be fooled by a name.
3.      Be wary of new promotions.
4.      Give due consideration to market ability.
5.      Don't buy without proper facts.
6.      Safeguard purchases through diversification.
7.      Don't try to diversify by buying different securities of the same company.
8.      Small companies should be carefully scrutinized.
9.      Buy adequate security, not super abundance.
10.  Choose your dealer and buy outright (i.e., don't buy on margin.)

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