"Contrary to Piketty’s rentier hypothesis, I don’t see……" — Bill Gates
"Contrary to Piketty’s rentier hypothesis, I don’t see anyone on the [Forbes 400 list of the wealthiest Americans] whose ancestors bought a great parcel of land in 1780 and have been accumulating family wealth by collecting rents ever since. In America, that old money is long gone - through instability, inflation, taxes, philanthropy, and spending."
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Bill Gates
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621 Quotes by Bill Gates
Bill Gates has 621 quotes on this site.
A few more worth reading:
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Two years from now, spam will be solved.
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It is hard to smash a computer when you're laughing.
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Robots will play an important role in providing physical assistance and even companionship for the elderly.
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If something is expensive to develop, and somebody's not going to get paid, it won't get developed. So you decide:…
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Paper is no longer a big part of my day. I get 90% of my news online, and when I…
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Microsoft has had its success by doing low-cost products and constantly improving those products and we've really redefined the IT…
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I believe OS/2 is destined to be the most important operating system, and possibly program, of all time. As the…
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The best way to prepare [to be a programmer] is to write programs, and to study great programs that other…
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The Internet? We are not interested in it
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Sometimes we do get taken by surprise. For example, when the Internet came along, we had it as a fifth…
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We had planned to integrate a Web browser with our operating system as far back as 1993( filing its first…
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(In response to Java) Anybody who thinks a little 9,000-line program that's distributed free and can be cloned by anyone…
See all 621 quotes by Bill Gates »
More Accumulating Quotes
This quote is filed under Accumulating Quotes,
one of 86 quotes in that category. Here are a few more:
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Another mode of accumulating power arises from lifting a weight and then allowing it to fall.
— Charles Babbage
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I resolved to stop accumulating and begin the infinitely more serious and difficult task of wise distribution.
— Andrew Carnegie
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As the centuries pass, the evidence is accumulating that, measured by His effect on history, Jesus is the most influential…
— Kenneth Scott Latourette
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Gratitude is a debt which usually goes on accumulating like blackmail; the more you pay, the more is exacted.
— Mark Twain
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Trying to be happy by accumulating possessions is like trying to satisfy hunger by taping sandwiches all over your body
— George Carlin
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We can travel a long way in life and do many things, but our deepest happiness is not born from…
— Sharon Salzberg
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Idiots are very very clear - clear in the sense that they do not have the intelligence to feel confusion.…
— Rajneesh
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That which you create in beauty and goodness and truth lives on for all time to come. Don't spend your…
— Denis Waitley
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Who you are becoming is more important than what you are accumulating.
— Robin Sharma
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A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result…
— P T Barnum
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There can be no freedom of the individual, no democracy, without the capital system, the profit system, the private enterprise…
— Unknown Author
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Ambition makes the same mistake concerning power that avarice makes concerning wealth. She begins by accumulating power as a means…
— Charles Caleb Colton
See all 86 Accumulating Quotes »