Quotes About Assets

Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

Wages, investments, and home values are the three legs of the economic stool for most Americans.

The Crystal Cathedral Ministries, the assets and the buildings, would still be in the hands of the ministries if my father would have simply walked away. When I accepted the role as the next senior pastor, he had agreed to be an ambassador-at-large and raise funds for the endowment fund. He didn't do that.

The last thing you want to do is put a GM in a situation where he trades away an asset and then the guy walks out the door. Like, you can't do business that way.

I don't particularly like equities, but I think equities are a better space to be in than bonds.

We need the government to force the banks to write down all their bad assets now and then recapitalize themselves, preferably with private capital. Those banks that cannot raise sufficient capital should be seized and their deposits sold off.

I want to see Haiti do better. We have the sun everywhere: that's a big asset. We have wonderful coasts, beautiful islands, mountains. Other countries that have that are known for it, but Haiti has been so focused inwards, on its problems.

As income from work has become more concentrated in America, the super rich have invested in businesses, real estate, art, and other assets. The income from these assets is now concentrating even faster than income from work.

Delaying giving as a strategy for future kingdom building is risky. We could hold on to assets out of fear of letting go or unwillingness to surrender control to the Lord. As long as money lies within our grasp, there's not only the danger that we'll lose the assets, but also that we'll change our minds or be seduced by the status, prestige, and recognition of controlling (or having our name attached to the distribution of) what belongs to God.

The main premise of appreciative inquiry is that positive questions, focusing on strengths and assets, tend to yield more effective results than negative questions focusing on problems or deficits.

Only buy something that you'd be perfectly happy to hold if the market shut down for ten years.

Price is what you pay. Value is what you get (Ben Graham).

Leaders of large businesses sometimes make huge bets in expensive mergers and acquisitions, acting on the mistaken belief that they can manage the assets of another company better than its current owners do.

We don't always get to choose our assets, he reminded himself. Sometimes they choose us.

five-hundred-gram gold ingots.

Briefly, it is a set of assets such as name awareness, loyal customers, perceived quality, and associations (e.g. being "pure" and "it floats") that are linked to the brand (its name and symbol) and add (or subtract) value to the product or service being offered.

An asset is something a firm possesses, such as a brand name or retail location, which is superior to that of the competition. A skill is something a firm does better than its competitors do, such as advertising or efficient manufacturing.

What a business does (the way it competes and where it chooses to do so) usually is easily imitated. It is more difficult to respond to what a business is, since that involves acquiring or neutralizing specialized assets or skills. Anyone can decide to distribute cereal or detergent through supermarkets, but few have the clout to do it as effectively as, say, General Mills.

what determines your wealth is not how much you make but how much you keep of what you make.

In fact, what determines your wealth is not how much you make but how much you keep of what you make.

Nothing freely given is a good thing when it comes to investing

Beginning about ten thousand years ago, cities began to emerge. Although tiny by today's standards, they were the centers of the first "civilizations," a word derived from civitas, which means "citizenship" or "inhabitants of a city" in Latin. Because farming created assets to plunder and to protect, it also created a requirement for inventory accounting.

The technology of the Information Age makes it possible to create assets that are outside the reach of many forms of coercion. This new asymmetry between protection and extortion rests upon a fundamental truth of mathematics.