Quotes About Finance

Beano, buying the Globe and Mail, the National Post, the Calgary

And to whom were these bundles of unrecognizably mashed-up mortgages ultimately sold? Quite often, to you and me. Our pension funds, municipalities, and money-market accounts were made up largely of these "mortgage-backed securities.

But there may never be enough to satisfy shareholders who expect to win back one hundred times their initial twenty billion dollar bet.

But now, digital technology was to return the Nasdaq to its former glory and beyond.

Diversification is the compliment that humility pays to uncertainty.

If it's true that bankers are paid too much, in other words, the solution is not to get into the messy business of regulating individual pay—as indeed the financial industry itself has argued. Instead, it is to make banking less profitable overall,

The source of the outrage, remember, isn't that bankers got paid lots of money—because we always knew that—but rather that they got paid lots of money for what now seems like disastrously bad performance.

Taxes are the source of life for the bureaucracy, the army and the court, in short, for the whole apparatus of the executive power. Strong government and heavy taxes are identical.

In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table.

I have never played the lottery in my life and never will. Voltaire described lotteries as a tax on stupidity. More specifically, I think, on innumeracy.

I'm gonna put all my money into taxes. They're sure to go up.

The general systems of money management [today] require people to pretend to do something they can't do and like something they don't. It's a terrible way to spend your life, but it's very well paid.

Taking one step, doing one thing every day that will get you closer to your own financial dream.

Understanding economics can help you make better decisions and lead a happier life.

The only time to buy these is on a day with no 'y' in it.

If they are unsuccessful in married life, who suffers more the bitter consequences of poverty than the wife? But if successful, she has not a dollar to call her own.

Taxes grow without rain.

People come to poverty in two ways accumulating debts and paying them off.

Between 1941 and 1946, the federal government spent more than it had from 1789 to 1941.

In 1952, Republicans spent $1.5 million on television advertising to the Democrats' puny $77,000.

Largely incomprehensible: Madoff's staff of high school–educated clerks facilitated the Ponzi scheme for 40 years without a single one ever realizing it was a Ponzi scheme.

I made a small fortune. I made a lot of money and I made a lot of other people wealthy.

The party line is that stocks historically have outperformed all other investment plans.

All the taxes paid over a lifetime by the average American are spent by the government in less than a second.