--- title: "Meaning & Key Takeaway of: I judge property myself by its net…" description: "\"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 fe..." image: "https://sms4smile.com/quotes/i/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… ![“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/quotes/i/4ad/jay-gould-41126_able_i-judge-property-myself-by-its-net-earni_1222079.jpg) [Download](https://sms4smile.com/quotes/i/4ad/jay-gould-41126_able_i-judge-property-myself-by-its-net-earni_1222079.jpg) [Open image](https://sms4smile.com/quotes/i/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.” [Jay Gould](https://sms4smile.com/quotes/author/jay-gould/) ## 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. ★ ★ ★ ★ ★ No ratings yet [Islands](https://sms4smile.com/quotes/about/islands/) [Manhattan](https://sms4smile.com/quotes/about/manhattan/) [Property](https://sms4smile.com/quotes/about/property/) [Railroads](https://sms4smile.com/quotes/about/railroads/) [Values](https://sms4smile.com/quotes/about/values/) ## Related quotes > [Even when times were good, I realized that my earning power as a golf professional depended on too many ifs and putts.](https://sms4smile.com/quotes/gene-sarazen/even-when-times-were-good-i-realized-that-my-earning-power-as-a-golf/) [Gene Sarazen](https://sms4smile.com/quotes/author/gene-sarazen/) > [You enhance your chances for success when you understand that your yearning power is more important than your earning power](https://sms4smile.com/quotes/zig-ziglar/you-enhance-your-chances-for-success-when-you-understand-that-your/) [Zig Ziglar](https://sms4smile.com/quotes/author/zig-ziglar/) > [Football is a short-lived career, and you have to maximise your earning power while you can.](https://sms4smile.com/quotes/robbie-savage/football-is-a-short-lived-career-and-you-have-to-maximise-your/) [Robbie Savage](https://sms4smile.com/quotes/author/robbie-savage/) > [If you want to pay off your debts, it pays to increase your earning power.](https://sms4smile.com/quotes/maharishi-mahesh-yogi/if-you-want-to-pay-off-your-debts-it-pays-to-increase-your-earning/) [Maharishi Mahesh Yogi](https://sms4smile.com/quotes/author/maharishi-mahesh-yogi/) > [When somebody asserts that a stock has an earning power of so much, I am sure that the person who hears him doesn't know…](https://sms4smile.com/quotes/benjamin-graham/when-somebody-asserts-that-a-stock-has-an-earning-power-of-so-much-i/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [For a brief time in the 1850s, the telegraph companies of England and the United States thought that they could (and should) preserve every…](https://sms4smile.com/quotes/james-gleick/for-a-brief-time-in-the-1850s-the-telegraph-companies-of-england-and/) [James Gleick](https://sms4smile.com/quotes/author/james-gleick/) > [No, I'm not interested in developing a powerful brain. 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