Quotes About Funds

The London banks didn't lend their own funds but would organize large-scale bond issues.

Gandhian economic boycott, however, combined refusal to buy English textiles with the collection of funds for the merchants precisely not to confuse the key issue by threatening their livelihood.

Historically, science and society have gone separate ways, although society has provided the funds for science to grow, and in return, science has given society all the material things it enjoys.

When we started Appaloosa, we were going to name it Pegasus because everyone was using Greek names. We filed the name. We paid $300, and they said you cannot use it because it is taken. Pegasus Funds. Then we said Pegasus is kind of a horse. We did not want to be the Unicorn Fund. So we pulled out a horse book.

With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when it has done bad, they want to take it out.

The way campaign funds are distributed are all a matter of record.

If you are a short-term trader, you have the right to come and go from our funds.

I love theatre, but it is losing its value in Punjab. There are no funds or government back up.

It should be alarming to every tax-paying citizen that the government could turn federal settlement funds into fuel for activist groups that exert power and influence over Washington.

Fish and Wildlife has a significant amount of federal funds for land acquisition, yet it is skimping on management of the lands it already possesses and shortchanging local tax bases.

Elections are a competition with only one winner. Giving more money to the opponent every time one speaks on behalf of a favored candidate discourages the speech that triggers the matching funds.

It's pretty challenging for large funds to spend the time and energy necessary to get a meaningful return when most of the wins coming out are perhaps below $100 million exits and the ones above are very few and far between.

For the first time in the history of Bihar, I provided a stable government. Despite being denied funds by the Centre, Bihar survived on its resources. I provided pucca dwellings to half a million Dalit families.

The government, of course, will print money to bail out the banks' uncovered casino bets, but not to bail out the elderly from the theft of their funds.

Not wanting to have an obvious hand in actually separating church and state, the U.S. Congress amended an appropriations bill to ensure that federal funds could not be used for the monument's removal.

The Financial Action Task Force (FATF) has declared that there are three broad categories for the purpose of hiding illicit funds and introducing them into the formal economy. The first is via the use of financial institutions; the second is to physically smuggle bulk cash from one country or jurisdiction to another; and the third is the transfer of goods via trade.

And so I think that if the person has the funds, the network, and the equipment to do this, and also the experience, which is the key factor, then they can be quite deadly.

Another huge toll has been taken by taxes. Passively managed index funds are tax-efficient, given the low turnover implicit in the structure of the Standard & Poor's 500 Index (and, to an even greater extent, the all-market Wilshire 5000 Index).

1) Selecting winning equity funds over the long term offers all the potential success of finding a needle in a haystack. (2) Selecting winning funds based on their performance over relatively short-term periods in the past is all too likely to lead, if not to disaster, at least to disappointment.

A recent study by Morningstar Mutual Funds—to its credit, one of the few publications that systematically tackles issues like this one—concluded essentially that owning more than four randomly chosen equity funds didn't reduce risk appreciably. Around that number, risk remains fairly constant, all the way out to 30 funds (an unbelievable number!), at which point Morningstar apparently stopped counting.

Hear David Swensen, widely respected chief investment officer of the Yale University Endowment Fund. "A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.

Our corporate executives speculate with their shareholders' assets because they get big personal rewards when they win—and even if they lose, they are often bailed out with public funds by obedient politicians. We privatize profit and socialize risk. The

Trust funds can never be a substitute for a fund of trust.

Given such an array of challenges, one might expect people to welcome federal help. In truth, a very large proportion of the yearly budgets---in the case of Louisiana, 44 percent---do come from federal funds…