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Finance Quotes



"It is a sound principle of finance, and a still sounder principle of government, that those who have the duty of expending the revenue of a country should also be saddled with the responsibility of levying and providing it."



"To make money buy some good stock hold it until it goes up and then sell it. If it doesn't go up don't buy it."


"It is no more appropriate to speak of a difference between the purchasing power of money in Germany and in Austria than it would be justifiable to conclude from differences between the prices charged by hotels on the peaks and in the valleys of the Alps that the objective exchange-value of money is different in the two situations and to formulate some such proposition as that the purchasing power of money varies inversely with the height above sea-level. The purchasing power of money is the same everywhere, only the commodities offered are not the same."


"A penny saved is not a penny earned if at the end of the day you still owe a quarter."


"A man with nothing to lend should refrain from borrowing."



"Of course I've already taken a very modest position on the monetary system, I do take the position that we should just end the Fed."



"Thirty to 40 years ago, most financial decisions were fairly simple."


"I wanted to make Jerusalem as feature film. But we couldn't finance it only through theatrical release, we couldn't get all the money we needed. We had to get some money from television. So we said, ok, let's do it both ways. So we did it in four parts."



"I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification."


"So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt?"



"The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure."



"If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals."


"We have brought two hundred million people into the banking system through the Jan Dhan Yojana. This is more than the population of most countries in the world. Now, these millions are part of our banking system, and words like 'interest rate' have a meaning for them."


"Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal."



"As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system."


"Poor is the man who does not know his own intrinsic worth and tends to measure everything by relative value. A man of financial wealth who values himself by his financial net worth is poorer than a poor man who values himself by his intrinsic self worth."


"Invested wisely, time produces a good return. Invested poorly, it has little or no value and is therefore wasted."



"On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States."


"I certainly want campaign finance reform. I just wish this would do it in a way that would stand up to a constitutional challenge."


"Given the professionalism of Michigan teachers, I think they're not teaching because of the financial rewards."



"A whole generation of Americans will retire in poverty instead of prosperity, because they simply are not preparing for retirement now."


"When individuals are exchanging present goods against future goods they do not take account in their valuations of Variations in the objective exchange-value of money. Lenders and borrowers are not in the habit of allowing for possible future fluctuations in the objective exchange-value of money."


"Let's not overlook, though, what we do know about the campaign finance scandal, and the fact the Chinese were involved in our presidential campaign and our congressional campaigns."


"All I can do is assess the value from Manchester United perspective. Whatever Chelsea do, they may have a different criteria, and different financial assets."



"Financial crises require governments."



"The thing is, I don't believe in most of what's done. The amount of financial and imaginative energy that's put into mediocrity is just amazing which I find to be fundamentally offensive as a human being."


"We're on the verge of a financial collapse unless we balance the budget, and that means some really, really tough decisions."


"The hope is they would like to bring it to Broadway next year, so we'll see that's to come in the end of the finance year and everybody else and also real estate and what theaters are available at the time but I would like to come back with it."


"Our investments in data, Internet and international have been particularly timely and have positioned the company to post industry-leading incremental revenue gains."



"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."



"I strongly support tax relief for the middle class."


"America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub."


"Three years after starting, by physically doing everything from raising the finance to special effects, we'd finally cobbled together our low budget film."



"Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system."



"We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy."


"Well private money can take risks in a way that government money often isn't willing to."
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