Quotes About Finance

When some high-sounding institute states that a compound is harmless or a process free of risk, it is wise to know whence the institute or the scientists who work there obtain their financial support.

Let a gentleman be known to have been cheated of twenty pounds, and it costs him forty a-year for the remainder of his life.

A Bank is but a college of Fiscal Magic.

She smelled like accounts receivable. She looked like old money.

Cessation of work is not accompanied by cessation of expenses.

Do not forget: in medicine, there are more important things than life and death: dollars and cents.

Money is always there but the pockets change it is not in the same pockets after a change, and that is all there is to say about money.

To him, bankers were neither noble or Masters of the Universe. They were just businesspeople doing a job, pushing money around the economy as efficiently and effectively as they could.

If you could really insure banks and other lenders against default risk, that might well unleash a great wave of capital into the economy.

As with all derivatives, these tools were to offer a way of controlling risk, but they could also amplify it.

When people such as Malinowski went to the Trobriand Islands, they were coming from a society that was more powerful than the one they were studying. In the City of London, financiers were far more powerful than journalists or anthropologists; the challenge was how to "study up.

It was surprisingly hard for insiders to draw this "map" of all the financial flows that shaped the City. They could see pieces of this picture. There was excellent data about equity listings, say. But none of the people working in private sector banks or government institutions could offer an easy-to-follow idiot's guide to show how all these flows interacted.

But it was hard to find these: few of the human financiers involved in debt, derivatives, or securitization world wanted to be quoted or photographed, and it was almost impossible to see the human borrowers at the end of the complex financial chains.

El secreto para enriquecerse es pagar como si se fuese pródigo y vender como si se estuviese en vísperas de quiebra.

the last official act of any government is to loot their own treasury.

Someone once asked me why women don't gamble as much as men do, and I gave the common-sensical reply that we don't have as much money. That was a true but incomplete answer. In fact, women's total instinct for gambling is satisfied by marriage.

Women still average much less in earnings over a lifetime than men do and have to pay back the same college debt.

As Maynard Keynes famously observed: "If I owe you a pound, I have a problem, but if I owe you a million, the problem is yours.

THE ULTIMATE TFSA GUIDE.

The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany.

Big business don't go broke any more. The minute it looks bad for them, they combine with something else and issue more stock.

It's really the cat's house — we just pay the mortgage.

Debt is the worst poverty.

The gambling known as business looks with austere disfavor upon the business known as gambling.