Quotes About Assets

Had I only known it, experiments in laboratories by the economist Vernon Smith and his colleagues have long confirmed that markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

The only thing that counts in life is solid, material assets. It's no time for theories when everything is falling to pieces around us.

Men are fools to invest in real estate.

In 1860, the value of Southern slaves was three times the amount invested in manufacturing or railroads, representing more capital than any other American asset except land, but instead of the slave-based, cotton-growing South, the industrial North triumphed.

True effectiveness is a function of two things: that which is produced (the golden eggs), and the producing asset or capacity to produce (the goose).

Effectiveness lies in the balance—what I call the P/PC Balance. P stands for production of desired results, the golden eggs. PC stands for production capability, the ability or asset that produces the golden eggs.

But as the story shows, true effectiveness is a function of two things: what is produced (the golden eggs) and the producing asset or capacity to produce (the goose).

In our quest for short-term returns, or results, we often ruin a prized physical asset—a car, a computer, a washer or dryer, even our body or our environment. Keeping P and PC in balance makes a tremendous difference in the effective use of physical assets.

Product people are the stewards or guides who serve to ensure that these products, as investment assets, are tended to and nurtured to produce returns.

PROPERTY" GENERALLY      A. General definition: A person may be said to hold a property interest, in the broadest sense, if he has any right which the law will protect against infringement by others.

Never buy a depreciating asset. If it drives, flies, floats, or fucks... lease it.

Control the Inventory - Control the profits!

If a business borrows to buy a machine, it's a good thing, not a bad thing. During the past six years, America—its government, its families, the country as a whole—has been borrowing to sustain its consumption. Meanwhile, investment in fixed assets—the plants and equipment that help increase our wealth—has been declining.

Finance as taught in universities is generally divided into three areas: (1) financial management, (2) capital markets, and (3) investments.

I have a couple of properties. Bought some houses and just rent them out.

Where the assets of Facebook were hype, we have real assets.

Once you identify positional needs, then I think, then, what you do is, you be very selective on how you go about acquiring those players. You have to look at the resources available on how to acquire those players, and then, if you can, go acquire those assets that can best help this team get over the hump.

When Coinbase was starting, we thought we were seeing the birth of something that was really important - what I would almost describe as the future fabric of society - the system for who we are - our identities, what we own, our assets.

When the bank asks me about my assets, I include my friendship with Regis Philbin.

the real wealth of a family is not financial. The primary assets are the family members and their unique talents, knowledge, and experience.

Americans no longer look to government for economic security rather, they look to their portfolios.

If only the people who worry about their liabilities would think about the riches they do possess, they would stop worrying.

Can we get a bank loan to start our business? Answer you're looking for: "No," assuming it's a tech business. Tech businesses don't have liquid assets to use as collateral.

Greg had contacted his bank. He was not a risky investor, and so most of his assets were liquid. If ransom money was needed, he'd be ready. The various feds, all male except for Kimberly Green, put traces on all the possible phones, including Myron's. She and her men were doing a lot of sotto voce. Myron hadn't pressed them yet. But that wasn't going to last. Kimberly