Financial Quotes - Page 21

• Many people make the mistake of thinking that all the challenges in their lives would dissipate if they just had enough money. Nothing could be further from the truth. Earning more money, in and of itself, rarely frees people. It's equally ridiculous to tell yourself that greater financial freedom and mastery of your finances would not offer your greater opportunities to expand, share, and create value for yourself and others.

  Tony Robbins

  Inspirational, Motivational, Money

  Tony Robbins (2012). “Awaken The Giant Within”, p.543, Simon and Schuster

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• I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.

  Nassim Nicholas Taleb

  Goodbye, Ideas, Care

  "Nassim Taleb: my rules for life" by Carole Cadwalladr, www.theguardian.com. November 24, 2012.

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• Offerings to propitiate the dead then were regarded as belonging to the class of funeral sacrifices, and these are idolatry. Idolatry, in fact, is a sort of homage to the departed, the one as well as the other is a service to dead men. Moreover, demons dwell in the images of the dead. ... this sort of exhibition has passed from honors of the dead to honors of the living; I mean, to quaestorships [financial overseers]and magistractes, to priestly offices of different kinds. Yet, since idolatry still cleaves to the dignity's name, whatever is done in its name partakes of its impurity.

  Tertullian

  Religious, Mean, Sacrifice

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• I'm very excited about my new agreement with the Heat. This contract allows me to address all of my family's long-term financial goals while allowing the Heat the ability to acquire those players that we need to win a championship.

  Shaquille O'Neal

  Basketball, Winning, Player

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• The world in which we live would benefit greatly if men and women everywhere would exercise the pure love of Christ, which is kind, meek, and lowly. It is without envy or pride. It is selfless because it seeks nothing in return. It does not countenance evil or ill will, nor rejoice in iniquity; it has no place for bigotry, hatred, or violence. It refuses to condone ridicule, vulgarity, abuse, or ostracism. It encourages diverse people to live together in Christian love regardless of religious belief, race, nationality, financial standing, education, or culture.

  Howard W. Hunter

  Christian, Religious, Pride

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• Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst — and that brings the whole country down.

  Jennifer Granholm

  Country, Practice, Hands

  "Facts show Democrats are job creators" by Jennifer Granholm, www.politico.com. May 15, 2012.

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• The illegal drug trade is the financial engine that fuels many terrorist organizations around the world, including Osama bin Laden.

  Dennis Hastert

  Organization, Drug, Liberty

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• After you marry, every asset either of you acquires is jointly held. That's why you both need to be in sync on your long-term financial goals, from paying off the mortgage to putting away for retirement. Ideally, you should talk about all this before you wed. If you don't, you can end up deeply frustrated and financially spent.

  Suze Orman

  Retirement, Financial Goals, Long

  FaceBook post by Suze Orman from May 01, 2016

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• You must assume 100% responsibility for your financial life. If you're going to improve your situation, you have to put the full burden of doing so squarely on your own shoulders. First and foremost, you must hold yourself responsible.

  Steve Pavlina

  Money, Responsibility, Firsts

  "Living Paycheck to Paycheck". www.stevepavlina.com. March 5, 2009.

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• Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.

  Paul Krugman

  Strong, Jobs, Philosophy

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• In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided to borrow a bit more and do even better.

  Jeffrey Sachs

  Country, Philosophy, Successful

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• RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."

  Gary H. Stern

  Philosophy, Discipline, Political

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• There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.

  Ben Bernanke

  Smart, Challenges, Growth

  "A Crash Course for Central Bankers" by Ben Bernanke, foreignpolicy.com. Novemeber 20, 2009.

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• People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.

  Meg Whitman

  Team, Class, Discipline

  Interview with Stephen B. Shepard, www.bloomberg.com. March 19, 2001.

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• The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy.

  Stephen S. Roach

  Discipline, World, Economy

  Stephen S. Roach (2010). “Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization”, p.28, John Wiley & Sons

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• It's important to save your money. We need it for the long haul but too many Americans don't save and don't invest. It used to be that people would be proud of the fact that they were middle class. You'd have your church and buy a house and you had a car and everything else. Now, it's really, really tough. Everybody has financial issues except for the one percent.

  Michael Douglas

  Success, Class, Issues

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• Now it is the least developed world who are not responsible for this climate change phenomenon that bore the brunt of climate change consequences so it is morally and politically correct that the developed world who made this climate change be responsible by providing financial support and technological support to these people.

  Ban Ki-moon

  People, Support, Climate

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• Let us not be defeated by the tyranny of the world financial markets that threaten peace and democracy everywhere.

  Stephane Hessel

  Democracy, World, Defeated

  "A French Manifesto to Unite Occupy Wall Street" by William D. Cohan, www.sfgate.com. November 30, 2011.

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• While we would not want to attribute every extreme weather event to climate change - the pattern is building and the costs are rising - the human costs and the financial costs

  Edward Davey

  Weather, Rising, Patterns

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• First, climate change is the greatest long-term threat faced by humanity. It could cause more human and financial suffering than the two world wars and the great depression put together. All countries will be affected, but the poorest countries will be hit hardest. Secondly, the costs of inaction far outweigh the costs of action.

  David Miliband

  Country, War, Two Worlds

  David Miliband on Climate Change during House of Commons Debates, www.publications.parliament.uk. October 30, 2006.

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• A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment.

  Doug Henwood

  Real, Giving, Tasks

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• The financial wealth of the top 1 percent of households in the U.S. exceeds the combined wealth of the bottom 95 percent.

  Ralph Nader

  Wealth, Bottom, Capitalism

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• The financial system as a whole has had the characteristics of a Ponzi scheme if we look at it fundamentally.

  Tim Lee

  Looks, Environment, Characteristics

  "Was whole economy a Ponzi scheme?". www.nytimes.com. January 1, 2009.

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• People adopt ideas when social, personal and financial trends intersect-a confluence that may seem random but usually happens 'by design.

  Clement Mok

  Ideas, People, Design

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• I think that today, more so than ever, corporate responsibility is the best strategic as well as financial path that most businesses can follow. For most businesses there are both compelling reasons to be responsible and compelling statistics that validate that responsible businesses do better according to traditional financial metrics. Of course, how you define "responsible" is somewhat of a conundrum.

  Jeffrey Hollender

  Business, Responsibility, Thinking

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