Quotes About Financial

A life well lived requires careful planning in order to balance the financial and the non-financial, the economic and the psychological, the rational and the emotional. Getting

North of the Alps almost any Italians engaged in banking were indiscriminately called "Lombards," and Lombard Street was the center of the financial district of London.

Underlying such suspicions was the enormous gulf of knowledge and understanding between America's heartland and the East Coast—and in particular the East's financial and cultural hub, New York City.

We will live in independence because we will live within our income.

The thing that's protected me creatively is that the movies have made profits.

The 2008 financial crisis reinforced this trend by causing many citizens to doubt the competence of their leaders and to question the fairness of systems that seem to protect the wealthy at the expense of everyone else.

Hoover Hess, the owner, was working the desk. He was a loose, asthmatic, scurfy man with the habitual expression of someone having his leg removed without anesthetic. His smile was a special agony. He had gone as high as a seventh mortgage and been down as low as a second. He averaged out at about four.

banks and student loan companies had convinced Congress that such debts should be given special protection and not exempted. She remembered him saying, "Hell, even gamblers can go bankrupt and walk away.

Your client is losing about twenty million a day in revenue because Krayoxx is no longer on the market

Massive layoffs at financial firms. Banks refusing to lend while other banks were closing their doors. Congress chasing its tail. Obama blaming Bush. McCain/Palin blaming the Democrats.

And now, with one semester to go, Mark was staring miserably at the reality of graduating with a combined total, undergrad and law school, principal and interest, of $266,000 in debt.

a block that had moved into the twentieth century carelessly and uncaringly—and with very limited funds.

Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be.

I have sufficiently urged that all suggestions as to financial innovation be regarded with extreme skepticism. Such seeming innovation is merely some variant on an old design, new only in the brief and defective memory of the financial world.

Recurrent speculative insanity and the associated financial deprivation and larger devastation are, i am persuaded, inherent in the system. Perhaps it is better that this be recognized and accepted.

Contributing to and supporting this euphoria are two further factors little noted in our time or in past times. The first is the extreme brevity of the financial memory. ... The second ... is the specious association of money and intelligence.

The Reichman brothers, with Robert Campeau the Canadian gift to financial excess, are indubitably broke with depressive effect on the banks that were captured by their euphoric mood.

the heavy load of debt incurred in the effort to obtain and retain control during the years of financial pillage and devastation.

Regulation and more orthodox economic knowledge are not what protect the individual and the financial institution when euphoria returns, leading on as it does to wonder at the increase in values and wealth, to the rush to participate that drives up prices, and to the eventual crash and its sullen and painful aftermath.

In the chapters that follow, we will see, and repeatedly, how the investing public is fascinated and captured by the great financial mind. That fascination derives, in turn, from the scale of the financial operations and the feeling that, with so much money involved, the mental resources behind them cannot be less. Only

specialists. In all speculative episodes there is always an element of pride in discovering what is seemingly new and greatly rewarding in the way of financial instrument or investment opportunity. The individual or institution that does so is thought to be wonderfully ahead of the mob.

The more obvious features of the speculative episode are manifestly clear to anyone open to understanding. Some artifact or some development, seemingly new and desirable—tulips in Holland, gold in Louisiana, real estate in Florida, the superb economic designs of Ronald Reagan—captures the financial mind or perhaps, more accurately, what so passes. The price of the object of speculation goes up. Securities

The crash in 1929, however, did have one therapeutic effect: it, somewhat exceptionally, lingered in the financial memory. For the next quarter of a century securities markets were generally orderly and dull. Although this mood lasted longer than usual, financial history was not at an end. The commitment to Schumpeter's mania was soon to be reasserted.

Individuals were dangerously captured by belief in their own financial acumen and intelligence and conveyed this error to others.