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"Viacom's results for the first quarter put the company on a fast track for another record year in 2004."
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"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."

"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."

"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."

"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."

"Investing is a simple process of taking into account the present value and future value. The other major factor to understand here, is what you lose as a result of inaction. Consider what you can gain and what you can lose in your decision."

"Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent."
Explore more quotes by Sumner Redstone

"Murdoch paid too much for the Wall Street Journal even when he didn't have any competition."

"It was always tough, but today we are in the throes of something we have never seen in our history. It's clear in recent times the market is looking for a bottom."

"We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom."

"Success is not built on success. It's built on failure. It's built on frustration. Sometimes its built on catastrophe."

"The newspaper is dying. I'm not sure there will be newspapers and its one business I'd never be in."

"The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I'm not sure there will be newspapers in 10 years. I read newspapers every day. I even read Murdoch's Wall Street Journal."

"I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around."
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