Quotes About Finance

People talk about Social Security. There is no parallel between Rhode Island's pension and Social Security.

I think we can reform Social Security without raising taxes, which is better for economic growth.

But I do have one real problem with socialism: I like money.

There is always risk involved. You can't be a capitalist only when there are investment profits but then a socialist when you experience losses.

And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment.

All economically well-off nations have used what has been dubbed 'cheque-book diplomacy,' and China does so, too. Apart from funding government-to-government lending, China has also been able to create global companies and global brands that have contributed to Chinese soft power.

My ma is an economist. My dad is a software engineer.

Software is eating the financial services industry. We have a large addressable market for PayPal to play in.

I sold some shares, but on a net basis, significantly increased my ownership.

If your appraisal comes back too low - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and sold to Fannie Mae and Freddie Mac. That means you may have to pay a much higher rate.

People were buying two, three and four houses to be sold on and rented out. Then the money ran out. To this day you see a lot of what we call ghost estates around Ireland, which have not been finished.

PSU banks are sole lenders to capital-intensive firms.

I have no special knowledge of markets, so I invest solely in low-expense index funds, plus some cryptocurrencies.

Invest in good, solid companies in good sectors.

The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.

No one knows what the top-performing asset class will be next year. Lacking this prescience, your next-best solution is to own all of the classes and rebalance regularly.

There are ways to abuse the microfinance system, just like there are ways to abuse the mortgage system. The solution is not to ban mortgages.

Without industry, finance and government consciously and collaboratively ensuring that capital flows to where it is needed in order to ensure the scaling up of climate change solutions, whatever deal is agreed risks never being realised.

Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.

It will not be possible to solve the current crisis with euro bonds.

When you're in finance, you see the company deeply - where it's running well and where there's issues you've got to solve.

When you solve big, hard problems, problems that fundamentally improve how an industry works, financial returns follow, giving you resources to do more of the same.

The markets are the world's greatest Rubik's cube. And I love solving puzzles.

XRP is solving a payments problem, and it's very efficient to do that.