"I advise women to invest in real estate. It is the collateral to be preferred above all others, and the safest means of investing money."
Hetty Green
Businesswoman, Investor
Hetty Green was a pioneering American businesswoman known for her shrewd investment strategies and significant wealth accumulation in the late 19th century.
- Born
- November 21, 1834
- Died
- July 3, 1916
- Quotes
- 3
- Rank
- #4960
About Hetty Green
Hetty Green — Life and Legacy
Hetty Green, often referred to as 'The Witch of Wall Street,' was a formidable figure in American finance during the late 19th century. Notable for her extraordinary wealth, she amassed a fortune through astute investments in real estate and railroads, defying societal norms of her time. Green's core philosophy centered around frugality and strategic risk-taking, which is evident in her famous assertion that 'It's not the money you make, it's the money you save.' This perspective underscores her belief that wealth is not merely about income but about prudent financial management. Her quotes reveal a mindset that valued knowledge and understanding in financial decisions, challenging the prevailing notions of her era that often sidelined women in business. Green's approach to finance was marked by a relentless determination to succeed, often at the expense of social conventions. She famously avoided the lavish lifestyle typical of the wealthy, instead opting for a life of simplicity and shrewd investment. Today, Hetty Green's legacy endures as a testament to the power of financial acumen and independence. Her life and quotes continue to inspire discussions about women's roles in finance and the importance of strategic decision-making in wealth accumulation.
Quote collection
Hetty Green quotes
3 quotes — follow a thought to its full quote page.
"... thething I am proudest of in my whole business life is that I do not take, that I never took in all my life, and never, never! will take, one single penny more than 6% on any loan or any contract."
"All you have to do is buy cheap and sell dear, act with thrift and shrewdness, and be persistent."