Quotes About Finance

Capital is past savings accumulated for future production.

To convert an hourly wage to an approximate yearly salary, double the wage and change the decimal to a comma.

You build on cost and you borrow on value.

No man's credit is as good as his money.

The faults of the burglar are the qualities of the financier.

A national debt, if it is not excessive, will be to us a national blessing.

There are more serious problems in life than financial ones, and I've had a lot of those. I've been broke before, and will be again. Heartbroke? That's serious. Lose a few bucks? That's not.

Inflation is one form of taxation that can be imposed without legislation.

To improve your memory, lend people money.

We're trying to create a comprehensive Bitcoin and crypto ecosystem so that we can grab the mantle of the most crypto-friendly city in the U.S.

It makes no difference how low tuition is if the student has no source of funds to pay that tuition.

Enrollment in Colorado is expected to expand about 25 percent in seven years. It's very difficult to find those additional funds. Therefore, I think you're probably going to have increased pressure on tuition.

I've never supported one penny of tuition increases.

I started Stripe with my brother John Collison while we were in school together. We first started off building iPhone apps together and using the money we made from them to pay our tuition.

Forty percent of my portfolio is in the U.S. In the rest of the world, most of the places I invest in or invested in are Brazil, Russia, Germany with a little bit of Turkey, China, India, France and Israel sprinkled in there.

My mother loaned me $1000. The first issue came out at the end of 1953. I knew I needed something original. I had a photographer shoot a 3D feature for the first issue and learned it would cost too much money. When the 3D thing turned out to be too expensive, at that same moment I came across the photos of Marilyn Monroe.

Art is definitely a passion of mine, but one that I couldn't afford to keep-up post-graduation, so I turned to DJing to pay the bills.

I never lost money by turning a profit.

I am one of those artists who knows where their money is. I pay my bills; I take care of my mama. I handle my business. I am a businessman. I go to meetings and take care of things, so it's a lot more than just partying and turning up.

I think high turnover is definitively the investor's enemy, so you don't want to bring a high-turnover philosophy to this business. You want to have a long-term philosophy.

Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end.

An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.

People forget... that we structured it so that the government, or the people, would be repaid with a really good rate of return. And as it turns out, that aspect of TARP, that's what happened.

Market timing doesn't work. If all the bubbles and all this mispricing really exist, how come so few people see it before it turns out that way?