Quotes About Finance

Almost any illiquid asset today lends itself well to moving onto the blockchain and becoming tokenized. It will create a deeper market with improved price discovery and should increase the value of those assets.

As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value.

Look: invest in what you understand, what's foreseeably going to offer real value and returns, not necessarily what's trendy.

Economies typically do not function well in hyperinflation. The real value of government debt might disappear, but the economy is likely to disappear with it.

What's really happening is that every bank in the country is experimenting with the blockchain and experimenting with bitcoin to figure out where the value is. For the first time ever, they're working hand in hand with startups. Banks are asking startups for help to build products.

The sheer magnitude of Speaker Pelosi's spending spree is mind boggling. Most of us do not use the number 1,000,000,000,000 in our daily lives, so it is difficult to attach tangible value to the figure.

Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.

Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.

The budget is not just a collection of numbers, but an expression of our values and aspirations.

Only a strong economy can create higher asset values and sustainably good returns for savers.

The stock market clearly values companies that can deliver disruptive innovation.

In 1948, a married couple with the median income and two children paid only 2 percent of its income in state, federal, and social security taxes. In 1991 they paid 30 percent.

WHEN YOU INVEST, your mind has a mind of its own. At the very moment when you are most convinced of your own rationality, you may be feeling rather than thinking your way toward a decision.

What history does prove is that how risky stocks seem, and how risky they actually are, are inversely correlated.

You should welcome a bear market, since it puts stocks back on sale.

Putting up to a third of your stock money in mutual funds that hold foreign stocks (including those in emerging markets) helps insure against the risk that our own backyard may not always be the best place in the world to invest.

Graham's criterion of financial strength still works: If you build a diversified basket of stocks whose current assets are at least double their current liabilities, and whose long-term debt does not exceed working capital, you should end up with a group of conservatively financed companies with plenty of staying power.

I was reading in the paper today that Congress wants to replace the dollar bill with a coin. They've already done it. It's called a nickel.

You have a bad memory for details. You can tell her the date of the Spanish Armada, but you couldn't even guess at the balance of your checkbook.

Imagine anyone asking Henry VIII or Elizabeth to settle a bill!

les 8 900 milliards de dollars que les gouvernements des États industriels ont versés en 2008-2009 à leurs banques respectives correspondent à soixante-quinze ans d'aide publique au développement... (p. 87)

Périodiquement, le FMI accorde aux pays surendettés un moratoire temporaire ou un refinancement de leur dette. À condition que le pays surendetté se soumette au plan dit d'ajustement structurel. Tous ces plans comportent la réduction, dans les budgets des pays concernés, des dépenses de santé et de scolarité, et la suppression des subventions aux aliments de base et de l'aide aux familles nécessiteuses.

Finance is a slave's word.

Even more important than saving money is making it.