Quotes About Transactions

A large part of what big companies pay extra for is the cost of selling expensive things to them.

Passive investors who select Russell style-based indices lose a substantial share of the transactions-cost benefits of index-fund investing.

The way that customers pay businesses is constantly evolving. Instead of paying with paper, like cash and checks, businesses are expected to accept a variety of payment methods ranging from credit cards to digital payments.

Common hedging techniques include shorting stocks, buying put options, writing call options, and various types of leverage and paired transactions. While I do reserve the right to use these tools if and when appropriate, my firm opinion is that the best hedge is buying an appropriately safe and cheap stock.

In fact, blockchain has the potential to fundamentally change how we share information, buy and sell things, interact with government, prove our identity, and even verify the authenticity of everything - from the food we eat to the medicine we take to who we say we are.

Tradesmen and traders

Lovers find secret places inside this violent world where they make transactions with beauty.

When trust is lost, a nation's ability to transact business is palpably undermined.

The notion of anarchy ...means that once industrial functions have taken over from political functions, then business transactions and exchange alone produce the social order.

No nation was ever ruined by trade.

Christmas is over and Business is Business.

Banking is a branch of the information business.

We wonder, what if we got rid of cash? After all, cash is what keeps terrorists, drug dealers and gun dealers in business.

The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade.

The law dictates how much politicians can collect in campaign contributions, limits their ability to make money on the side, and requires the disclosure of those contributors. Hopefully, politicians are also limited to some extent by their conscience. A sense of decency and good judgment ought to prevent politicians on both sides of the aisle from engaging in certain transactions—even if they think they can get away with it.

Many farcical, illogical, incomprehensible transactions are subsumed by the mania of lust.

Many farcical, illogical, incomprehensible transactions are subsumed by the manias of lust.

The things I've bought from strangers in the dark would curl your hair.

Balance sheet accounts are never closed and their balances are carried forward from year to year, but you need to be sure the proper adjustments are made to place transactions in the correct year.

Many small businesses use what is called a modified cash-basis accounting method. These businesses record most transactions when cash is exchanged, but account for certain transactions, such as the purchase and use of equipment, over time using a method called depreciation.

People can't learn anything from buying but from selling.

In a world where anybody can find anything with just a few keystrokes, intermediaries like salespeople are superfluous. They merely muck up the gears of commerce and make transactions slower and more expensive.

A lot of sites offer free postage over a certain amount and are pretty cool with you sending stuff back, if you do it within a particular time frame. However, occasionally some sites don't accept returns on vintage items, so make sure you know that before you spend your cash.

Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.