Quotes About Finance

With respect to the world of football, I earn a normal wage. But compared to 99.9% of Spain and the rest of the world, I earn an obscene amount.

Your mortgage shouldn't have been treated as a wager - it should be a way to provide a home and financial stability for you and your family.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.

Wages, investments, and home values are the three legs of the economic stool for most Americans.

In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes - the amount of time you have to wait when you sell a stock before cash hits your account - can take days.

When you're on a series, it's tough to go on and do something else afterward. If you're smart, save your money and you can wait out the bad times, until something else comes along.

If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. Do this, and you will have calm and drowsy nights, with all of the good business you have now and none of the bad. If you have time, don't wait for time.

Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.

I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.

Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.

We survived for hundreds of years under the old banking structure. You'd have clearing banks, then merchant banks doing the racy stuff, and then building societies where you'd join a waiting list for a mortgage. But then banks started buying stockbrokers, doing mortgages, and you ended up with these big banking groups doing everything.

I never did buy things on credit, I always paid for 'em, because I can't see much difference in paying for something and just waiting a week and pay interest on it; that looks foolish to me.

The idea of going into the property business and collecting rent four times a year and waiting for five-year rent reviews has limited appeal.

You don't have the chance in a small business - when every dollar counts, every day - to make too many mistakes and recover from them, and you don't have the luxury of waiting to make the decision. You have to move quickly.

I get heartfelt thanks from all kinds of people. Today I heard from a waitress in Georgia who has lost her job and is trying to figure out how her local bank can change the terms on her credit card, and I heard from a physicist at a major research university who wants to explain a better theory of financial stress tests.

I needed to pay for my horses in Warwickshire, and I couldn't do that off a waitress' wage.

When I wake up in the morning, the first thing I look at is the checking account report from the day before. I love checking accounts. I dream about them.

Productivity - the amount of output delivered per hour of work in the economy - is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers.

If Wal-Mart invests a billion dollars and others invest $100 million, Wal-Mart is going to grow more.

The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil.

The best thing I have are 5 percent bonds from 1780, denominated from $1 to $20. As far as I can tell, they are obligations from the United States of America, so I should be able to walk down to the Federal Reserve and redeem the uncanceled ones. With 217 years of accrued interest, for a $20 bond, that's about $800,000.

If you discourage saving and investment, that means you're walking in the opposite direction of job creation. You're discouraging good job creation and job growth.

People in all walks of life, and especially business, do not want to experience the collapse of cities like New York along with global finance and economy in chaos, but this is what business faces if we continue to attribute climate change to fossil fuels alone.