Quotes About Wealth

Hay riquezas que matan a uno sí no puede compartirlas

Ba?kalar?yla payla??lmayan zenginlikler insan? mahvediyordu.

There is, of course, a cloudier side of increased longevity. While the benefits of wise decisions grow, the costs of unwise decisions also grow. This dichotomy will create greater disparities in health, income, and wealth if we do not address it over time. The longer we live, the more the decisions we have made regarding our work, savings, and health compound the advantages and disadvantages we experience in our later years.

The obsession with quarterly earnings came about because personal compensation was increasingly tied to what happened to the share price. Improving market capitalization became the number one job for senior executives. Success would lead to personal wealth. Sadly

Life is not about hoarding wealth but about spreading it around. God can act to see to it that the creation is nourished, but he uses us humans to see to it that our fellow humans have their needs met. We live in a world where the poor are daily reminders that we too have an obligation to meet, not only to ourselves but also to one another. In order to do this we, like Jesus, need to eschew three things: comfort, safety and security.

Being good at making money measures neither our merit nor the value of our contribution.

La riqueza representa el momento en que uno descubre, por primera vez, un gran deseo por la espiritualidad y siente gran alegría. Ocurre así porque creemos poder alcanzar la espiritualidad utilizando nuestro ego. Estamos dispuestos a leer, a aprender, a hacer todo tipo de cosas. La escasez sobreviene cuando vemos que no podremos alcanzar la espiritualidad, a menos que reconozcamos nuestro ego y consigamos el atributo de dar.

A Home without Equity Is Just a Rental with Debt

The upper classes of this country raped this country. You fucked people. You built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who was having a crisis of conscience. Nobody

What are the odds that people will make smart decisions about money if they don't need to make smart decisions—if they can get rich making dumb decisions?

Every form of strength is also a weakness. Pretty girls tend to become insufferable because, being pretty, their faults are too much tolerated. Possessions entrap men, and wealth paralyzes them.

Investment bankers make money for a living.

What Gutfreund said has become a legend at Salomon Brothers and a visceral part of its corporate identity. He said: "One hand, one million dollars, no tears.

When you're a conservative Republican, you never think people are making money by ripping other people off

That was somewhere near the middle of a modern gold rush. Never before have so many unskilled twenty-four-year-olds made so much money in so little time as we did this decade in New York and London.

Writing a check separates a commitment from a conversation. —Warren Buffett

After the markets closed Vinny would get into his Cadillac and drive out to his big house in Long Island. Now there is the guy called Vladimir who gets into his jet and flies to his estate in Aspen for the weekend. I used to worry a little about Vinny. Now I worry a lot about Vladimir.

BAFU. Billions and All Fucked Up.

Before Volcker's speech, bonds had been conservative investments, into which investors put their savings when they didn't fancy a gamble in the stock market. After Volcker's speech, bonds became objects of speculation, a means of creating wealth rather than merely storing it.

How do you explain to an innocent citizen of the free world the importance of a credit default swap on a double-A tranche of a subprime-backed collateralized debt obligation? He tried, but his English in-laws just looked at him strangely. They understood that someone else had just lost a great deal of money and Ben had just made a great deal of money, but never got much past that. I can't really talk to them about it, he says. They're English.

What do you tell your mother when she asks you where to put her money?" I asked. "Guns and gold

The only thing capitalism cannot survive is stability. Stability—true stability—is an absence of progress, and a dearth of new wealth.

The general idea was to sell their software first to rich technophiles and then, gradually, infiltrate the minds of the middle-class owners of suburban tract houses.

Leverage buys you a glimpse of a prosperity you haven't really earned.