Quotes About Finance

Look everywhere you can to cut a little bit from your expenses. It will all add up to a meaningful sum.

The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance.

The older you are when you buy an annuity, the shorter your life expectancy will be - so the greater a monthly paycheck the same sum of money will buy you. When interest rates are higher, the size of the paycheck for the same sum of money will rise also.

It's staggering how many players, even with the sums of money they make, don't do a great job of saving it.

I used to, in the summertime, spend so much money doing a lot of fun stuff. Now, I'm actually consciously trying to save so we can live how we want to live after basketball. I've even sold a few things.

For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.

We have one of the highest interest rates in the world, and we owe more money per capita than any other country. All we need is a nail hole in the bottom of the boat and we're sunk.

Look - 'sunny ways' don't pay the bills. You have to have opportunities.

Commercial real estate is really a black box: its super opaque, and it's hard to get the information.

People have lots of money in super, but they have no money in the bank, and the super funds are not built to help people buy property.

We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that.

When we asked Woolard about the most important lessons from his Apple experience, he reported that a board leader has to have regular access to the chief financial officer, deeply understand the company strategy and execution—and pick and partner with the right CEO.

The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation. First the capital evaporates, and then the company goes into liquidation. These are very unnatural physics ...

Loose money and light regulation were a toxic mixture. It exploded.

experiments show that bankers—especially when they are reminded that they are bankers—act in a more dishonest and selfish way.50 They are shaped by their profession

nuestros fracasos económicos: al gestionar adecuadamente la transición de una economía industrial a otra de servicios, al controlar el sector financiero, al manejar como es debido la globalización y sus consecuencias y, lo más importante, al responder a la desigualdad creciente. Parece que evolucionamos de manera resuelta hacia una economía y una democracia del 1 por ciento, por el 1 por ciento y para el 1 por ciento.

At the public level, Morris's chief task was to restore the credit of the United States government. (Actually, restore is not right, since nothing had existed beforehand to be restored.)

It was hard to borrow money to buy a house.

Buy on the rumor; sell on the news.

As you get capital, its increase becomes easier and more rapid.

Social Security is unsustainable because it is not meeting the first order condition of a Ponzi scheme, namely expanding the pool of suckers.

marriage is about money and property and inheritance? Why else bother with it?

You look at the steamboat, the railroad, the car, the airplane - not all of these were invented in the Anglo-American world, but they were popularized and extended by it. They were made possible by the financial architecture, the capital intensive operations invented and developed by the Anglo-Americans.

If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.