Finance is a gun. Politics is knowing when to pull the trigger.
My real adversary has no name, no face, no party. It will never be elected, yet it governs – the adversary is the world of finance.
People just want to hear some common sense… and I bring to bear the experience in local government and state government and national government – I was the first woman in history on the Senate Finance Committee – not to mention the diplomatic international experience.
Financial crises are like fireworks: they illuminate the sky even as they go pop.
What you get out of an M.B.A. programme, no matter how much experience, is functional tools and understanding in disciplines: you’ll understand economics, you’ll understand marketing, finance, accounting. That, M.B.A. programmes do very well.
In this world nothing can be said to be certain, except death and taxes.
The resources at Harvard – its professors, our fellow students, the libraries, its alumni – created for me the opportunity to pursue my passions in finance.
Productivity – the amount of output delivered per hour of work in the economy – is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers.
Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.
A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
Many progressives understand Scalia, and other conservative judges, in crassly political terms – as opponents of affirmative action, abortion, gun control, and campaign finance legislation. But what Scalia cared most about was clear, predictable rules, laid down in advance.
There can be no rise in the value of labour without a fall of profits.
The monarchy is foremost a business, and it’s important to them that the British public continue to finance the excessive luxurious lifestyles of the now quite enormous, wasteful and useless ‘royal’ family. I find it very sad.
Inflation is taxation without legislation.
I’ve never preached one sermon on money, on just finances. I want to stay away from it.
We are in a position of financial and social power, and we could be agents of change in our society. Without pretension, I believe we could be a nice little gardener who takes care of the garden, and hopefully our neighbor will do the same. Then, maybe we’ll achieve a better world.
Finance, like time, devours its own children.
If it isn’t the sheriff, it’s the finance company; I’ve got more attachments on me than a vacuum cleaner.
Capital is that part of wealth which is devoted to obtaining further wealth.
Divorce is one of the most financially traumatic things you can go through. Money spent on getting mad or getting even is money wasted.
To be fair, lying is part and parcel of public life. Every politician has lied about something because they are owned by the special interest groups that finance their elections.
The single most important personal finance decision you make is your career.
The job of the Central Bank is to worry.
The only way to permanently change the temperature in the room is to reset the thermostat. In the same way, the only way to change your level of financial success ‘permanently’ is to reset your financial thermostat. But it is your choice whether you choose to change.
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
There are no patents in finance.
Financial support is one thing, but I always think what becomes really sacrificial is your time.
The people who know personal finance hide the money very carefully.
All money is a matter of belief.
The campaign finance scandal in America is the global warming of American political life – with cash substituting for deadly solar radiation.
I don’t really enjoy finance and accounting.
When you’re building a company, you need to continually strengthen every component – finance, strategic partnerships, executive team, and relationships with every last constituency.
Tom DeLay may or may not have broken campaign finance laws, but he did his best to look like he was breaking them.
We at Chrysler borrow money the old-fashioned way. We pay it back.
The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.
Wealth consists not in having great possessions, but in having few wants.
In constant pursuit of money to finance campaigns, the political system is simply unable to function. Its deliberative powers are paralyzed.
You don’t want to have so much money going toward your mortgage every month that you can’t enjoy life or take care of your other financial responsibilities.
These heroes of finance are like beads on a string; when one slips off, all the rest follow.
Finance is not merely about making money. It’s about achieving our deep goals and protecting the fruits of our labor. It’s about stewardship and, therefore, about achieving the good society.
African runners regularly work out in the United States and Europe, and the International Olympic Committee sends some of the cash from the Games to Olympic committees in poor nations, which use the money to finance their own programs.
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
A tax system is important because of what it can pay for, but also for how it works. When we pay taxes, we expect something back from the state; it strengthens the relationship and accountability between us and our governments. It also pays for what private finance shouldn’t: our needs for healthcare, education and social security.
Derivatives are financial weapons of mass destruction.
I believe that through knowledge and discipline, financial peace is possible for all of us.
Infinite growth of material consumption in a finite world is an impossibility.
I feel sorry sometimes for these sportsmen and women who put in just as much effort as the footballers. For example, athletes train at least as hard as footballers but have to be happy if they can earn enough to finance a decent education.
The Fed’s organization reflects a long-standing desire in American history to ensure that power over our nation’s monetary policy and financial system is not concentrated in a few hands, whether in Washington or in high finance or in any single group or constituency.
Philanthropy is all about sharing. If there’s an opportunity to collaborate, we will. Collaborating just for finance is pointless. It has to be like a business collaboration.
The blockchain is a distributed network that solves all the problems that we have of finance, but more broadly, it’s like a philosophy. It’s a way of life.
It is usually people in the money business, finance, and international trade that are really rich.
But having said that, what’s happening with campaign finance reform and our political culture is devastating.
I only make movies to finance my fishing.
A person’s credit report is one of the most important tools consumers can use to maintain their financial security and credit rating, but for so long many did not know how to obtain one, or what to do with the information it provided.
As sure as the spring will follow the winter, prosperity and economic growth will follow recession.
At Cisco, we are moving to collaboration teams, groups coming together that represent sales, engineering, finance, legal, etc. And we’re training leaders to think across silos.
Our goal is to make finance the servant, not the master, of the real economy.
I mean, I’m very serious with my kids about them comprehending the intricacies of global finance.
Security depends not so much upon how much you have, as upon how much you can do without.
The poor don’t know that their function in life is to exercise our generosity.
To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there’s a cost to sitting in cash. No one talks about that cost.
Money you won’t need to use for at least seven years is money for investing. The goal here is to have your account grow over time to help you finance a distant goal, such as building a retirement fund. Since your goal is in the future, money for investing belongs in stocks.
How grateful I am for the law of tithing. It is the Lord’s law of finance.
I delivered lectures, and I was also a consultant for international companies in finance, both private equity and big venture capital funds.
I was not thinking about infinite multipliers when I was 10. But I did have a father who was a Ph.D. in commerce and finance and an intellectual man. And so I had a feeling, probably about the time I went to college, that I would try to be a scholar and teacher, but I didn’t know which field.
Today, if you look at financial systems around the globe, more than half the population of the world – out of six billion people, more than three billion – do not qualify to take out a loan from a bank. This is a shame.
Governments, the investor and business community, and civil society organizations and public representatives need to work together to ensure the necessary foundations are in place to align private finance to guarantee sustainable and equitable development and poverty reduction.
Well, I think that there’s a very thin dividing line between success and failure. And I think if you start a business without financial backing, you’re likely to go the wrong side of that dividing line.
Here’s my gift-giving rule: Respect your current financial situation.
If a woman makes a unilateral decision to bring pregnancy to term, and the biological father does not, and cannot, share in this decision, he should not be liable for 21 years of support… autonomous women making independent decisions about their lives should not expect men to finance their choice.
A budget tells us what we can’t afford, but it doesn’t keep us from buying it.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
There’s more honor in investment management than in investment banking.
There were a lot of people dreaming about making films, and they would finance maybe 6 films a year. Because they were funded by the government, the films sort-of had to deal with serious social issues – and, as a result, nobody went to see those films.
I am a graduate in business management with specialisation in finance, and I love accounts!
People who think about art as an investment are pathetic.
Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market.
During my administration, we’ve welcomed a broad and diverse group of industries to New Mexico, including high-tech and traditional manufacturing, health care, information technology and finance. Some are homegrown New Mexico companies; others are global leaders in their industries.
We cannot both preach and administer financial matters.
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation.
I founded Atari in my garage in Santa Clara while at Stanford. When I was in school, I took a lot of business classes. I was really fascinated by economics. You end up having to be a marketeer, finance maven and a little bit of a technologist in order to get a business going.
Money is the probably the most successful story ever told. It has no objective value… but then you have these master storytellers: the big bankers, the finance ministers… and they come, and they tell a very convincing story.
In the US, banking and finance are regulated on the federal and state level, there are multiple federal bank regulators, and there are separate securities and commodities regulators.
At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
I went to the Wharton School of Finance, the toughest place to get into. I was a great student.
It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society.
We want to talk to celebrities about the things celebrities don’t normally talk about. Like, we’d love to get Kim Kardashian to talk to us about finance. She is a businesswoman, after all.
Stay on top of your finances. Don’t leave that up to others.
The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.
Any constitutional amendment that simply gives Congress the option of regulating campaign finance fails to immediately achieve what the American people want, and that is a complete reversal of Citizens United and other Supreme Court decisions that have allowed corporations and the wealthy few to drown out the voices of everyday voters.
You and I come by road or rail, but economists travel on infrastructure.
Nobody wants campaign finance reform more than me. It would save me a fortune.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
In fact, corporate and union moneys go overwhelmingly to incumbents, so limiting that money, as Congress did in the campaign finance law, may be the single most self-denying thing that Congress has ever done.
After two decades of personal finance reporting, I’ve heard every excuse in the book for not saving money. That said, none of them really hold up – at least over the long term.
Large companies cannot finance political parties as their shareholders and employees have different political views.
It’s cheaper to buy a house and finance it than it is to rent in many markets.
Unfortunately, money in politics is an insidious thing – and a loophole in our campaign finance system was taken advantage of with money going to existing or new 527 groups with the sole purpose of influencing the election.
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.
I have a saying: There are no brave old people in finance. Because if you’re brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you’re still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.
During my undergraduate training at UCLA, I was studying finance and securities; my particular interest was with mutual funds. Wanting to get into a high position at some of the companies that were doing that, I knew that law would be useful.
Money is like manure. You have to spread it around or it smells.
I made my money by selling too soon.
Believe it or not, there are some things that I have written that would be kind of a dream to make. Hopefully, I will get to finance them… There is something that I wrote called ‘Demon’s Flare’ which would kind of be a dream come true.
About the time we can make the ends meet, somebody moves the ends.
As long as we, in the United States, continue to insist that our politicians have to spend all of their time raising millions of dollars for television ads, it will be corrupt. If we leave it up to the politicians to clean up lobbying and finance reform, nothing is going to change.
Students and postdoctoral fellows largely depend on the support of the public sector to finance the training and research that will make them world-renowned scientists.
We have this film that we hope to finance, it’s called ‘Southern Rights.’ It’s a documentary about segregated proms that are still happening in the South of America. So there’s a black prom and a white prom, so we hope to finance a film soon about that.
You look at marketing: everything that’s happening in marketing is digitized. Everything that’s happening in finance is digitized. So pretty much every industry, every function in every industry, has a huge element that’s driven by information technology. It’s no longer discrete.
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.
Under capitalism, man exploits man. Under communism, it’s just the opposite.
Thirty to 40 years ago, most financial decisions were fairly simple.
Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.
Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.
Any informed borrower is simply less vulnerable to fraud and abuse.
The longer I go on, the more I am aware of the power of finance.
In almost every profession – whether it’s law or journalism, finance or medicine or academia or running a small business – people rely on confidential communications to do their jobs. We count on the space of trust that confidentiality provides. When someone breaches that trust, we are all worse off for it.
The thing I have discovered about working with personal finance is that the good news is that it is not rocket science. Personal finance is about 80 percent behavior. It is only about 20 percent head knowledge.
Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.
We teach about how to drive in school, but not how to manage finances.
The way to make money is to buy when blood is running in the streets.
You have venture capitalists. We view them as experts who also help finance your company and give directions and also some pretty candid discussions about what you have to do better.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged… and as long as there is debt, there can be failure and contagion.
Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.
My most difficult class at Harvard Business School would have to be finance.
I was a great student at a great school, Wharton School of Finance.
Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
There’s been a myth perpetuated where people think, ‘I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable amount of money.’ People are now realizing that’s not the case.
Qaddafi is hated because he is the leader of a small country that is rich, but he uses his money to finance liberation struggles.
Argentina has decided to take its place in the global landscape. We need important companies of the world to finance and construct roads, ports, waterways, energy, trains. We’re a huge country that only depends on trucks today. It’s impossible.
I’m involved in the stock market, which is fun and, sometimes, very painful.
Everything is always feasible if you run a corporate finance exercise: you can always try to come out with a justification on how things could work. But the real issue is to say how do you translate that into practice.
The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
I’m looking for backing for an unauthorized auto-biography that I am writing. Hopefully, this will sell in such huge numbers that I will be able to sue myself for an extraordinary amount of money and finance the film version in which I will play everybody.
One of the main reasons that the landscape of financial stuff in America is different is that gambling is illegal there. So there’s a kind of sport-like aspect to the American coverage of finance.
Beware of little expenses. A small leak will sink a great ship.
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
The reason that minorities and women don’t have a better shot at getting elected to the Senate or to statewide office is because the campaign finance rules are so skewed as to make it very difficult for non-traditional candidates to raise the money necessary to get elected.
Watch your finances like a hawk.
Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.
It is a kind of spiritual snobbery that makes people think they can be happy without money.
We need real campaign finance reform to loosen the grip of special interests on politics.
Without any formal personal finance instruction in our high school or college curricula, many college seniors who graduate in the red will continue to make common financial mistakes that only exacerbate their debt burdens.
Climate change joined immigration, job creation, food safety, pilot training, veterans’ care, campaign finance, transportation security, labor law, mine safety, wildfire management, and scores of executive and judicial appointments on the list of matters that the world’s greatest deliberative body is incapable of addressing.
The way to become rich is to put all your eggs in one basket and then watch that basket.
If all the economists were laid end to end, they’d never reach a conclusion.
Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.
The war we are fighting today against terrorism is a multifaceted fight. We have to use every tool in our toolkit to wage this war – diplomacy, finance, intelligence, law enforcement, and of course, military power – and we are developing new tools as we go along.
I get unhappy doing things that I’m not passionate about. Because I feel like I’m squandering this incredible gift I’ve been given to finance films. As soon as my name alone was enough to make this happen, I vowed to myself that I was going to work with directors who were changing cinema, doing something important, you know?
Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.
The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face – it’s for him to retire with a smile on his face.
As a public official, when I take a position, I stand up to explain and defend it. I file annual financial disclosures, campaign finance reports, and have to face the scrutiny of public opinion.
I can remember when I first went into the Himalayan area way back in 1951. Money, for instance, was not important at all to the local people. But now, finance has become just as important to them as it is to us, and this is a change maybe not for the better.