Quotes About Finance

Inflation is taxation and taxation is theft that takes more money out of hard-working Americans' pocket books.

Banks and credit agencies learn continuously about the purchases we make. This is convenient and diminishes the risk of theft. It also means that banks can know more about our lifestyle than our close relatives.

As long as somebody 'CTC,' at the end of the day I'm with them. For all you that don't know what CTC means, that's 'Cut The Check.'

My whole life has been one theme of self-sacrifice for my investors.

My theme this evening is that America needs a competitive dollar.

I was very fortunate that I saved my money and I still do.

Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development.

The 2012 Ibbotson® Stocks, Bonds, Bills, and Inflation® Classic Yearbook, published by Morningstar, Inc., is one of the best sources of up-to-date information regarding the performance of various U.S. capital market investment alternatives. The data cover the period from 1926 to the present.

Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve. —Talmud (c. 1200 BC–AD 500)

To carry out war, three things are necessary," remarked the Milanese general Marshal Trivulzio presciently in 1499, "money, money and yet more money.

Merton ... humbly warned, however, "It's a wrong perception to believe that you can eliminate risk just because you can measure it.

When you need money, Wall Street is a heartless place.

Graham's first goal was never to make money—it was to avoid losing any.

You can overintellectualize these Greek letters," Pflug reflected, referring to the alphas, betas, and gammas in the option trader's argot. "One Greek word that ought to be in there is hubris.

But after Kapor took Merton's finance course, he decided that quantitative finance was less a science than a faith - a doctrine for ideologues "blinded by the power of the model." It appealed to intellectuals who craved a sense of order but could lead them disastrously astray if markets moved outside the model.

Investors have very short memories.

I worked for this company that repossessed cars. Sure enough, the day after I quit, they repossessed my car, but that would probably be my strangest job to date. You have to work your way up to become a hardcore repo man.

We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.

The history of Wall Street is inseparable from New York.

If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.

It is no coincidence that the century of total war coincided with the century of central banking.

When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.

1913 wasn't a very good year. 1913 gave us the income tax, the 16th amendment and the IRS.

Government does not create resources when it taxes people and prints money; it merely redistributes the wealth.