I judge property myself by its net earning power; that is…
![“I judge property myself by its net earning power; that is the only rule I have been able to get… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or…” quote by Jay Gould](https://sms4smile.com/q/img-quotes/4ad/jay-gould-41126_able_i-judge-property-myself-by-its-net-earni_1222079.jpg)
“I judge property myself by its net earning power; that is the only rule I have been able to get… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or telegraph.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He evaluates property based on its ability to generate income, not its historical or sentimental value.
In simple terms: Value property by its income.
Key Takeaway
Focus on cash flow when investing.
Themes
investment
valuation
finance
real estate
railroads
Mood
analytical
pragmatic
Type
financial
strategic
When to use this quote
- real estate purchase
- railroad investment
- telegraph valuation
- portfolio analysis
Key Concepts
cash flow
intrinsic value
asset pricing
Questions to Reflect On
- How does cash‑flow focus affect long‑term sustainability?
- What non‑financial values might be overlooked?
A Different Perspective
Ignores non‑financial factors like cultural significance.