The secret of success lies not in doing your work, but in recognizing the best person to do it. Andrew Carnegie, The secret of success lies not in doing your work, but in recognizing the best person to do it. Andrew Carnegie, 14. Another boost to Ronaldo's net worth then came with his move to United at the end of August. "Manchester United is a club that has always had a special place in my heart," said Ronaldo after joining the club. BUT if you want to get rich, if you want to become a BILLIONAIRE, pay heed to these words from the richest billionaire of them all! If you do your job well, the profitability will come. Bernard Arnault, 9. Zidanes resignation at the end of the 2020-21 season after the club failed to win one trophy paved the way for the 32-year-old to return to the Bernabeu for the last season on his current contract. What is Cristiano Ronaldo's current team? Money does not change people, it unmasks them. Henry Ford, 103. And the more financially literate we become, the better our lives typically become. The Frenchman arrived in the summer of 2021 for a reported 41million fee. Neither may one with justice take away from a man what he has fairly earned, to give to men of less ability. George S. Clason, 37. (MUFC) for a $104.5M fee Aug 19 2022 Carlos Casimiro Signed a 4 year $62.4 million contract by transfer from Real Madrid to Manchester United F.C. Ronaldo will earn $207 million (173 million) a year, the largest-ever in the history of football, of which $74 million (62 million) will be for playing football and the rest for image rights, commercial deals, and becoming an ambassador for the countrys 2030 World Cup bid. The $117m he earned in 2020 meant Ronaldo had a monthly pay packet of around $9.75m and a weekly wage of $2.25m. The 36-year old had combined earnings of$170mas a result of his earnings on the pitch. If reports are to be believed, Manchester United have offered a deal worth 24.96 million per year to Cristiano Ronaldo. According to Wealthy Gorilla, Cristiano Ronaldos net worth is $500 million as of 2023 [2], and per Celebrity Net Worth, it was $500 million in 2022. They usually miss the future. Larry Page, Lots of companies dont succeed over time. Well, according to a study by Buzzingo.com, with his 500+ million( and growing) social media followers, hes earned over $48 million in sponsored posts in the past from Instagram alone. So, thats exactly what this page will be highlighting, Jeff Bezos net worth and his current earning power. A penny saved is a penny earned Benjamin Franlkin, A penny saved is a penny earned Benjamin Franlkin, 11. Posted below are the 10 highest-paid footballers in the world in 2021. Insider recommends waking up with Morning . The Portuguese star was therefore the first to do it in a team sport. In addition, Ronaldo has a number of hotels - named Pestana CR7- in Portugal: one in the capital, Lisbon, and another in Funchal, his hometown on the island of Madeira. If you are in business, you are not enjoying. Vision is perhaps our greatest strength it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown. Li Ka-Shing, Vision is perhaps our greatest strength it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown. Li Ka-Shing, 17. That said, Cristiano Ronaldo is slated to make approximately $245 million this year. So if youre looking to size up his fortune, youll enjoy this Cristiano Ronaldo net worth profile. So, dream big, start small, but most of all, start building. You can have a masters degree in making money but you will still end up broke if you have a Ph.D.. in spending it. Orrin Woodward, 76. Be obsessed, or be average. Grant Cardone, 55. Barnum, 53. Ronaldo, a five-time FIFA player of the year, in 2020 became the first active team-sport athlete to surpass $1 billion in career earnings. Cristiano Ronaldo sensationally returned to Manchester United this summer, 12 years after leaving Old Trafford for Real Madrid in 2009. Register to read and get full access to gulfnews.com, By clicking below to sign up, you're agreeing to our The best time to invest is during a recession. Graham Stephan, 66. Money is not an end in itself. Hell pad his PSG paycheck with an estimated $35 million in endorsements from the likes of Adidas, Pepsi, watchmaker Jacobs & Co. and Budweiser, which he just picked up last year under a three-year deal. Its crucial that people understand the importance of financial literacy, because its actually life-saving. Mellody Hobson, 12. Ronaldo reportedly earned 25m net per year as a result of his deal with United, with his salary being worth around 480,000-a-week. Following his nine-year stint at the La Liga giants from 2009 to 2018, he joined Juventus until the summer of 2021. He also owns a holiday property in Costa del Sol, while his main home in Madeira is worth almost $10m and he has also bought up much of the land close to his home. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks. Mark Zuckerberg, 15. As well as raking it in representing other companies and his own projects, Ronaldo is also extremely generous with his time for charity projects. We hope they provided you with new insights related to the power of financial education. Ronaldo displayed a talent for the game, loved winning, and was obsessive about making career for himself out of the sport. And according to Sky Sports via the Daily Star, Ronaldo will earn a whopping 480,000-per-week at Old Trafford, a deal worth 24.96million per year. View Cristiano Ronaldo's Teammates Salaries. In addition to this, Ronaldo also receives an annual payout from Nike of $30 million dollars for the rest of his life. Some of lifes greatest enjoyments and most of lifes greatest disappointments stem from your decisions about money. Transfer fees are excluded. I think the numbers, they say everything. Cristiano Ronaldo, Related: Cristiano Ronaldo Success Story. Ronaldo has over 160 million followers - far more than Messi's 113million and even further ahead of the top non-footballer, Dwayne Johnson, also known as The Rock, who is back on 61million. Currently the highest paid player at Old Trafford. In 2021's summer window, Portuguese football star Cristiano Ronaldo completed a sensational transfer to Manchester United to re-join the Premier League club from Italy's Juventus on a two-year contract with the option to extend for a further year, subject to international clearance. The Portugal captain agreed to join the Saudi Pro League club after becoming a free agent when his previous club Manchester United cancelled his contract following his explosive TV interview that resulted in a dramatic fallout with some of its management. Aside from growing up in near poverty, Ronaldo was a dreamer, and envisioned better days for himself. 3) Jadon Sancho - 350,000 a week. Al Nisr Publishing LLC 2023. Forbes said Ronaldo, among the world's most popular athletes with over 500 million followers across Facebook, Instagram and Twitter. To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence. Jim Rohn, 19. Cristiano Ronaldo has reportedly received an offer from Saudi Arabian club Al Nassr for $207 million per year. Why did Bruno Fernandes take the penalty against Aston Villa and not Cristiano Ronaldo? Messi was forced to jump after Spains La Liga clamped down on FC Barcelonas wage spending, forcing the club to end negotiations with its record six-time worlds top player of the year, who had played for Bara since he was 13 years old. With that being said, I hope youll capitalize on these insights and leverage them for a successful lifestyle and a richer future. However, we do have the next best thing; which are books theyve written and inspiring advice theyve given. In Life, you dont get anywhere or do anything you hope to without some sort of sacrifice. Stephen Saad, 40. A person either disciplines his finances or his finances disciplines him. Orrin Woodward, A person either disciplines his finances or his finances disciplines him. Orrin Woodward, 11. 2023 Forbes Media LLC. The Portugal attacker has promoted and financially supported charities like UNICEF, World Vision and Save the Children. In March 2019, Ronaldo launched a hair transplant clinicin Spain called Insparya. In the same year, the Portuguese funded 24 scholarships to the eCampus Universita. Ronaldo holds the countrys all-time records for caps and goals. A gallery of the Manchester United earnings and Ronaldo compares is above, compiled by figures from spotrac.com. The biggest risk is not taking any risk. This calculation is for entertainment purposes only. His new salary at PSG is a cut from what he would have made if he could have stayed at Bara but keeps him the sports highest-paid player on the pitch, along with Neymar, with who he reunites in Paris after being teammates in the Catalan capital from 2013 to 2017. Establishments are already set up in Funchal and Lisbon, with others planned in glamorous locations around the world. Money is plentiful for those who understand the simple laws which govern its acquisitions. George S. Clason, 55. While Messi's net worth is 517 million euros, that of his Manchester United counterpart is roughly set at 430m euros. After clashing with his manager Zinedine Zidane at Real Madrid, Bale was sent on loan to Tottenham last season. So, if youre ready for some encouraging and wise words on the topic of financial literacy, lets begin: 1. Money can allow you to quit a job to be your own boss or step it up from sleeping in your childhood bed and moving into an apartment of your own. To get rich, you have to be making money while youre asleep. David Bailey, 37. subscription, Cristiano Ronaldo can change Saudi Arabian football forever, Look: Cristiano Ronaldo unveiled as Al Nassr player in Saudi Arabia, Man City return to the Premier League summit, Sharjah Ruler receives champions of UAE President's Cup, Yamal becomes Barca's youngest-ever La Liga player, UAE President lauds Sharjah Ruler after FC win, Ding Liren becomes China's first world chess champion, Prez beats Verstappen to win Azerbaijan Grand Prix, SNB to hold 0.5% of UBS after Credit Suisse merger, UAE: 1.29 million subscribe to unemployment insurance, Top outlandish MET gala fashion moments over the years, UAE travel industry has one theme - go bigger. All wealth is a product of labor John Locke, All wealth is a product of labor John Locke, 91. Dont be afraid to fail. Sara Blakely, 26. Eleven years later, he parted ways with Los Blancos to sign for Juventus, where he stayed for three seasons before returning to the Old Trafford, where he is plying his trade again this term. We can sum it up best by pointing to the unshakeable confidence he has in himself, the vision he committed to creating for himself and his future, his focus on hard work and dedication to his craft, his willingness to make sacrifices, and his voracious will to win. The soccer superstar has had a dramatic falling-out with the legendary club, which reportedly threatened to sue him over disparaging comments about management. Most people fail to realize that in life, its not how much money you make. Its about controlling yourself at your own game. Benjamin Graham, 19. No Premier League centre-back takes home . #MUFC. PS If you enjoyed this collection of financial literacy quotes then youll like find enjoy these other financially related quotes and resources: 100+ INSPIRING EFFORT QUOTES TO HELP YOU ACHIEVE YOUR POTENTIAL, 100+ WORK ETHIC QUOTES TO HELP YOU ACHIEVE MORE, 100+ PURPOSE QUOTES TO HELP YOU FIND AND LIVE YOUR PURPOSE, 100+ INSPIRING QUOTES ABOUT FOLLOWING YOUR DREAMS, 100 INSPIRING COURAGE QUOTES TO HELP YOU FEEL COURAGEOUS, 100+ MOTIVATIONAL QUOTES TO HELP YOU NEVER GIVE UP, TOP 100 SUCCESS AND MOTIVATIONAL BLOGS FOR 2023, Copyright 2016 - 2023 | Strive Industries, LLC, quotes to help you build your money mindset, Manchester United (2003 2009) (2021 2022), National Team Portugal (2003 Present), The record for most goals in the UEFA Champions League, The record for most goals in the EUFE Championship, The record for most goals in the FIFA World Cup, The record for most goals in the UEFA Nations League Finals, 6 Globe Soccer Awards for the Best Player of the Year. Save money, and money will save you. Anonymous, Save money, and money will save you. Anonymous, 7. In his first spell for United, Ronaldo had scored 118 goals in 292 games. Per year $207 million Per month $17.2 million Per week $4.9 million Per day $614,000 Per hour . [3] However, according to our analysis, we put Ronaldos 2023 net worth at approximately $525 million. No other Premier League player has scored more over the same time. He said: Wow! PSG now claims three of the worlds five highest-paid players, including the 29-year-old Neymar, who lands at No. His still impressive contract at Juventus was not paying a salary ($70m) that competed with the deal Messi had at Barcelona at the time of the study or even that of PSG star Neymar. Success isnt about money, its about peace. Grant Sabatier, 89. If that 2023-24 club option were to be exercised, this deal officially becomes three years and 80,400,000.That's not at all likely at this point, but . Now that you know how filthy rich Jeff Bezos is, youre probably wondering how much he makes a year. With that said, some of these financial quotes speak to the need for financial literacy, while others actually provide hidden financial lessons than can actually strengthen your financial situation if you embrace them. The stock market is designed to transfer money from the active to the patient. Warren Buffett, The stock market is designed to transfer money from the active to the patient. Warren Buffett, 56. Sloth and prosperity can never be companions. James Allen, Sloth and prosperity can never be companions. James Allen, 41. We do this together with our partner SciSports. The key to success is failure. Michael Jordan, The key to success is failure. Michael Jordan, 57. He followed in the footsteps of basketball giants Michael Jordan and LeBron James in signing such a deal. How much does Ronaldo earn in a year in Manchester United? According to reports, the England captain is negotiating a deal worth 400,000 per week with Tottenham. Per Goal, he asked his agent Jorge Mendes to donate his 2016 Champions League win bonus worth 600,000 to a non-governmental organisation. Well, well just say hes one of the biggest as hes been vying with other billionaires for the #1 spot for the past couple of years. The choice is yours. To get to this number, all we have to do is presuppose Jeff Bezos is smart enough to earn an annual 4% yield on his combined $130 billion net worth ( FYI, 4% is a beyond reasonable return to expect, due to the fact that historical returns on safe investments typically fall between the 3% to 5% range[2]). You must spend money to make money. Titus Maccius Plautus, 62. As such, the Portuguese is expected to earn a massive 480,000 per week . According to Wealthy Gorilla, Cristiano Ronaldo's net worth is $500 million as of 2023 [2], and per Celebrity Net Worth, it was $500 million in 2022. In 2019, Real Madrid paid Chelsea $118 million to sign Hazard to a five-year contract that puts him on par with Gareth Bale with a $26 million annual paycheck. Marketing experts say that has helped him to cultivate a huge social media following, making him a commercial heavyweight pursued by the worlds biggest brands. Becoming a billionaire is available to us all, especially to those who eagerly seek out other billionaires to learn form. So, if youve ever wondered how much Jeff Bezos makes per day, month, or even a year, this metric below will give you a good approximation. The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. Fortune sides with him who dares. Virgil, Fortune sides with him who dares. Virgil, 94. 1 For First Time. Ronaldo has donated to a cancer centre in Portugal that treated his mother, as well as helping to fund the healthcare of a child fan who required brain surgery. Ronaldo has made over $1 billion in career earnings before taxes, the first team-sport athlete in the world to hit that milestone. Any fool can spend money. Having been the highest paid player in Real Madrid, Juventus and now Manchester United, the 36-year-old forward is currently earning 1.1 million euros per week. The way to make money is to buy when blood is running in the streets. John D. Rockefeller, 102. Success is having to worry about every damn thing in the world, except money. Johnny Cash, Success is having to worry about every damn thing in the world, except money. Johnny Cash, 97. As of January 2023, Ronaldo's overall following across Facebook, Instagram and Twitterwas 702 million. After a certain point, money is meaningless. And with titles such as these and legions of raving fans, comes money. The game is what counts. Aristotle Onassis, After a certain point, money is meaningless. On Instagram, meanwhile, Ronaldo also leads the way as the most-followed person with 535 million followers. Its always been about what I can do to motivate and inspire people. Tyler Perry, 36. What is Cristiano Ronaldo's yearly salary? His Bugatti Centodieci is one of only 10 in the world and valued at almost $12m. I try not to be emotional. Ronaldo has agreed to have his name attached to a social media influencing degree offered by eCampus, an Italian online university. Since coming back to Old Trafford, Ronaldo eventually settled on a mansion in Cheshire, after moving out of the first luxury property he had planned to live in due to concerns over its suitability. Here's the 'Most valuable 11' in world football, Wayne Rooney reckons Portuguese superstar Cristiano Ronaldo to 'still be fab at 40', FIFA 22 ratings: Fans divided as Ronaldo is rated lower than Lewandowski, ED conducts searches at BYJU CEOs offices, home in Bengaluru over alleged FEMA violations, PM Modi retorts to Kharge's 'poisonous snake' remark; 'Every time Congress abused me', Cristiano Ronaldo's salary at Manchester United revealed; net worth stands at $500m, Manchester United boss Ole Gunnar Solskjaer certain Ronaldo will 'score more goals', Cristiano Ronaldo's Man Utd return could convince Pogba to sign new contract: Reports. If you want more money simply change your thinking. When I was young I thought that money was the most important thin in life; now that I am old I know that it is. Oscar Wilde. Here's a breakdown of how the Manchester United forward . Money is only an idea. How much does Ronaldo earn and what is the legends net worth? If the way we handle our money conflicts with our personal values, we are not going to wind up living happy and fulfilled lives. David Bach, 49. By learning how they think and operate. You can manage them any time by clicking on the notification icon. Bonus Quote: Here is one last billionaire quote to pull some wisdom from. This March, he debuted a creativity collection of shoes and apparel in loud color schemes. Love is. He was ahead of Neymar, Steph Curry, Kevin Durant and Roger Federer among others. Ronaldo is building a hotel empire through his Pestana CR7 Group. In the United States, where we have more land than people, it is not at all difficult for persons in good health to make money. P.T. Besides playing for Al-Nassr in Saudi Arabia, making money from product sponsorships and social media, Cristiano Ronaldo is also a successful businessman. In addition to his fine performances on the pitch, Ronaldo is not afraid to show off his good looks and toned physique. So, if youre ready improve your money mindset, lets dive into these powerful money quotes: 1. He has an enormous 399m people tracking his movements on Instagram, while on Facebook he has reached the 150m followers milestone. Though the $1bn figure seems extraordinary, it is worth noting that sponsorship analysts Hookit estimated that Ronaldo's social-media presence alone was worth an incredible $474m to Nike in 2016. In 2020, Ronaldo became the first footballer ever to reach the $1 billion earnings mark, and was subsequently joined by Messi in achieving that status. I think trading that for some short-term gain isnt very interesting. Evan Spiegel, 49. Being promoted to a top position in your organization, or even being elected to public office, does not suddenly endow you with financial literacy, if you did not acquire and develop it, earlier in your life. Strive Masiyiwa, 62. Keep reading, striving, and planting these good money vibes directly into you subconscious mind. Ronaldo lived in a huge estate in Alderley Edge when he initially played for Man Utd, before buying a mansion for almost 7m in the La Finca neighbourhood when he played for Real Madrid. If you cannot control your emotions, you cannot control your money. Warren Buffett, If you cannot control your emotions, you cannot control your money. Warren Buffett, 84. Money is just a consequence. Hes not currently the richest, but he is up there. Money is not the most important thing in the world. And while he was at Manchester United, he made around $33.2 million. As you manage your money, you manage your life. Dan Millman, 44. And love like youve never been hurt. Mark Twain, Work like you dont need the money. The secret to creating lasting financial change is to decide to pay yourself first and then make it automatic. David Bach. Last October, he scored his 100th for his club, becoming the fastest to do so in its history. Nov 22 2022 Cristiano Ronaldo Released by Manchester United F.C. With his contract being set to . As per Forbes, Ronaldo is set to earn $125 million before taxes in the 2021-22 season, with $70 million coming from salary and bonus for his return to Manchester United. As such, his combined social media reach is approximately835.1 million social media followers. Ronaldo is also an avid collector of classic cars and The Sun have reported he has a garage worth 22m. In 2016, Ronaldo recorded a message for the children affected by the conflict in Syria and made what Save the Children described as a "generous" donation to their cause. Heres the major problem with going on strike for more money:You cannot get rich by demand Jim Rohn, 43. Money is a guarantee that we may have what we want in the future. 15 May, 2021. More recent partnerships include LiveScore, MEO, ZujuGP, Uniecampus, Therabody and Clear. Second, you have to know how to take that savings and invest it well. Ray Dalio, 65. Cristiano Ronaldo has an estimated net worth of $500 million as at 2022. Start hustling. Grant Cardone, There is no shortage of money in this world. Money is a commodity to use, not to be dictated by. Frank Lowy, 8. That would make it nearly $560,000 a week ; $80,000 a day; $3.333 per hour; or $55.55 per minute . He signed a four-year deal, running until 2025, with weekly wages of 340,000. Today the greatest single source of wealth is between your ears. Brian Tracy, 28. Jeff Bezos biological surname is Jorgensen, but he assumed his step-fathers surname. Since proudly displaying a banner that read: Wales. It takes only a few dollars to start and grow into something big. Robert Kiyosaki, 13. Bezos was born in Albuquerque, New Mexico. "This project is going to be a success, as we want to help the Spaniards and the Spanish economy," Ronaldo said at the opening. Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. Johann Wolfgang von Goethe, Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. Johann Wolfgang von Goethe, 34. 24. The economic future of the United States depends on it. Presidents Advisory Council on Financial Literacy, 13. And with proper management and planning, it lets you retire eventually so you dont have to continue exchanging your time and energy for a paycheck until your last breath. Erin Lowry, 49. Enjoy! Money is one of the most important subjects of your entire life. Social media analytics firm Hopper says Ronaldo can make $1.6 million per sponsored post. Why is this? Countless financial gurus have admonished time and time again, about how the amount of money we have or dont have, is largely a consequence of our thinking. Real Madrid manager Carlo Ancelotti recently questioned his ability to play in two successive games. We hope youll use these quotes to embrace the money principles that will help you improve your relationship with money. I am not like those people who, once they have money, compulsively squander it or show it off. Wang Jianlin, 42. With that said, if you believe financially literacy can help protect people from financial disaster, debt, hardship, and even poverty, like we believe it can, please share a few of these wise words with those who may appreciate them. Money cant buy friends, but you can get a better class of enemy. Spike Milligan, Money cant buy friends, but you can get a better class of enemy. Spike Milligan, 77. First, you have to know how to make more money than you spend. . Forbes also added that the rest comes from personal endorsements and partnerships with brands including Nike, Herbalife, Clear and his ever-expanding CR7-branded portfolio that includes perfume, underwear, eyewear, hotels, gyms and more. Atletico Madrid's 575,000 per week and Barcelona's Antoine Griezmann with 575,000 per week are the next on the list. Money is a tool. On the other hand, being financially illiterate only makes those mistakes dire and regrettable. Anas Hamshari, Financial literacy makes it okay for you to make small or big mistakes. The five-time Ballon dOr winner agreed a two-and-a-half-year deal with Al Nassr which will take him to the summer of 2025 and beyond his 40th birthday. Atalantas Ademola Lookman Is Scoring Like Cristiano Ronaldo, Cristiano Ronaldo, Arte Moreno And LIV Golf: This Weeks Most Interesting Sports Business Stories, Why Soccer In Saudi Arabia Offers More Than Debuting Cristiano Ronaldo, The Ghost Of Cristiano Ronaldo Will Haunt Manchester Uniteds Season, Cristiano Ronaldo: The $50 Million Bullet Manchester City Dodged, Cristiano Ronaldo Reportedly Weighing 9-Figure Saudi Offer, Cristiano Ronaldo Will Leave Manchester United By Mutual Consent, Manchester United Can Live Without Cristiano Ronaldo, Cristiano Ronaldo Unlikely To Play For Manchester United Again, Cristiano Ronaldo Protecting His Brand With Explosive Interview, Cristiano Ronaldo Is In Decline And Hurting Manchester United, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. So, find what youre passionate about, commit to being the very best at it, and then go for it. A wise person should have money in their head, but not in their heart. Jonathan Swift, 99. Ronaldo topped the sales of other top players who have jumped teams in recent years, including the NFL's Tom Brady in 2020, the NBA's LeBron James in 2018 and MLB's Bryce Harper in 2019. And without a doubt, help you become the intelligent investor you can become. Ten months ago, Pogbas future at United was uncertain. The Portuguese footballer has played for top clubs like Real Madrid, Juventus and now he has re-joined one of the most decorated clubs in the Premier League, Manchester United. Butlet money work for you, and you have the most devoted servant in the world. P.T. Poor people work hard for their money. T. Harv Eker, 46. The saying, Be a lot, do a lot, do a lot, have a lot rings especially true in Jeff Bezos case. Their wealth isnt measured by the amount they make each year, but by how theyve saved and invested over time. Ramit Sethi, 55. But exactly how much is Cristiano Ronaldo now worth? Being one of the finest players in the history of football, Cristiano Ronaldo has featured for three of the most powerful - both in sporting and financial terms - teams in the major European leagues. They usually miss the future. Larry Page, 27. He is followed by the Manchester City duo of Jack Grealish and Raheem Sterling, who reportedly earn300,000 a week, English footballer willing to eat 'horse poop' to achieve chiselled body like Ronaldo, Cristiano Ronaldo knocks down steward with his shot; wins heart with sweet gesture, No Lionel Messi or Cristiano Ronaldo? It is a quote that comes from one of the best books ever written on personal finance and financial literacy; The Richest Man In Babylon. While taken as a whole, they may work out somewhat better in terms of overall return than the firs quality issues, they expose the owner to too many individual risks of untoward developments, ranging from disquieting price declines to actual default. Benjamin Graham, 10.
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