Quotes About Finance

It is time we passed a balanced budget amendment and return this government to limited spending.

Hats have been my thing pretty much my whole life but finance has not. I would go to the corner store and buy really cheap baseball style caps and wear those to school.

For most of the nineteenth century, N M Rothschild was part of the biggest bank in the world which dominated the international bond market. For a contemporary equivalent, one has to imagine a merger between Merrill Lynch, Morgan Stanley, J P Morgan and probably Goldman Sachs too – as well, perhaps, as the International Monetary Fund, given the nineteen-century Rothschild's role in stabilising the finances of numerous governments.

If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.

A good accountant or financial adviser is a kind of artist. You can turn people's money into the most amazing creative possibilities, things they would never have dreamed of.

For this reason, within China the four state-owned banks in the 1980s were invariably referred to as "specialized banks" (????

When Reagan entered the White House, America was the world's largest creditor; by the time he retired to his Santa Barbara horse ranch, it had become the world's largest debtor, owing foreign lenders about $400 billion.

What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100 000.

I don't plan on going back to legal work. I wanted an international career, and finance seemed to be where some interesting career opportunities were.

The suggestion was put to us that we should become non-resident in the UK for one year so that we could earn some money and replenish the dwindling coffers, and provide some time for our accountants and tax specialists to salvage something from the wreckage. The whole experience cast an enormous cloud over us. We had always prided ourselves on being smart enough not to be caught out like this. We saw ourselves as educated, middle class, in control of everything. We had been utterly wrong.

Money shouldn't frighten people. It's a tool. A very versatile one.

There are no good or bad stocks, there are only rising and falling stocks.

There is no reason to sell a rising stock

Leo Barnes Your Investments H. M. Gartley Profit In The Stock Market Curtis Dahl Consistent Profits In The Stock Market E. J. Mann You Can Make Money In The Stock Market

The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.

but what he liked above everything else was a cheque. "It is a thing," he used to say, "to which it is not easy to find an equivalent; it requires no food, it does not take up much room, it stays in one's pocket, and if it falls, it is not broken.

too much debt is not a permanent state of being for those willing to invest in themselves and change their circumstances.

I could do without 'cool' publications calling me 'mom jazz.' But I laughed all the way to the bank, baby.

The coming tsunami will not spare China, where credit-fueled economic growth has built a Himalayan mountain of debt, about 330 percent of GDP.

Borrowing to invest can make good sense as long as the return on the investment is higher than the cost of financing it. Borrowing to consume, on the other hand, uses debt to plug recurring bills or deficits that operating income should cover. Experience teaches prudent public and private borrowers a golden rule: borrow to invest, not to consume.

Emerging markets often get in trouble when the Fed hikes interest rates rapidly, or the price of exported commodities falls sharply—or both.

...The more you earn, the less you keep, And now I lay me down to sleep. I pray the Lord my soul to take, If the tax-collector hasn't got it before I wake.

The Nation observed, "If you steal $25, you're a thief. If you steal $250,000, you're an embezzler. If you steal $2,500,000, you're a financier.

Put not your trust in money, but put your money in trust.