Assets Quotes - Page 10

• Our children are the rock on which our future will be built, our greatest asset as a nation. They will be the leaders of our country, the creators of our national wealth, those who care for and protect our people.

  Nelson Mandela

  Country, Children, Rocks

  Nelson Mandela (2011). “Nelson Mandela By Himself: The Authorised Book of Quotations”, p.77, Pan Macmillan

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• I would have to ask the public to choose between a culture of hate or a culture of love. I am sure our poor will pick the latter. With the Marcos assets, we could regain this value of sharing love with one another.

  Imelda Marcos

  Hate, Culture, Poor

  The Philippine Daily Inquirer, December 1998.

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• Many people keep deploring the low level of formal education in the United states (as defined by, say, math grades). Yet these fail to realize that the new comes from here and gets imitated elsewhere. And it is not thanks to universities, which obviously claim a lot more credit than their accomplishments warrant. Like Britain in the Industrial Revolution, America's asset is, simply, risk taking and the use of optionality, this remarkable ability to engage in rational forms fo trial and error, with no comparative shame in failing again, starting again, and repeating failure.

  Nassim Nicholas Taleb

  Math, Errors, America

  Nassim Nicholas Taleb (2012). “Antifragile: Things That Gain from Disorder”, p.171, Random House

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• Do the best you can. And remember that the greatest asset you have in this world is those children who you've brought into the world, and for whose nurture and care you're responsible.

  Gordon B. Hinckley

  Children, World, Care

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• I urge our people everywhere, with all of the persuasiveness of which I am capable, to live worthy to hold a temple recommend, to secure one and regard it as a precious asset, and to make a greater effort to go to the House of the Lord and partake of the spirit and the blessings to be had therein.

  Gordon B. Hinckley

  God, Christian, Religious

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• Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.

  Warren Buffett

  Apples, Lows, Gravity

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• You need to really scrub your investment portfolios, because I guarantee you, many of you are going to find them chock-full of subprime carbon assets.

  Al Gore

  Climate, Needs, Guarantees

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• True effectiveness is a function of two things: what is produced (the golden eggs) and the producing asset (the goose).

  Stephen Covey

  Eggs, Two, Effectiveness

  Stephen R. Covey (2016). “The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change Interactive Edition”, p.64, Mango Media Inc.

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• EFR entered into an agreement to sell some noncore assets for $2.05M.

  David Talbot

  Agreement, Sells

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• The best time to start promoting your book is three years before it comes out. Three years to build a reputation, build a permission asset, build a blog, build a following, build credibility and build the connections you'll need later.

  Seth Godin

  Book, Writing, Years

  "Advice for authors". sethgodin.typepad.com. August 2, 2006.

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• In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total.

  G. Edward Griffin

  War, Loss, Government

  "The creature from Jekyll Island". Book by G. Edward Griffin, 1994.

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• Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.

  John Maynard Keynes

  Business, Yield, Psychology

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• People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.

  Peter Schiff

  Government, Should Have, People

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• Your most vauluable asset can be your willingness to persist longer than anyone else.

  Brian Tracy

  Inspirational, Persist, Willingness

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• Ironically, the universities have trained hundreds of thousands of graduates for jobs that soon will not exist. They have trained people to maintain a structure that cannot be maintained. The elite...know only how to feed the beast until it dies. Once it is dead, they will be helpless. Don't expect them to save us. They don't know how....and when it all collapses, when our rotten financial system with its trillions in worthless assets implodes and our imperial wars end in humiliation and defeat, the power elite will be exposed as being as helpless, and as self-deluded as the rest of us

  Chris Hedges

  Jobs, War, Self

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• The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

  Warren Buffett

  Two, Gold, Use

  "Berkshire’s Corporate Performance vs. the S&P 500". www.berkshirehathaway.com. 2012.

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• There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.

  William Smith White

  Effort, Gold, Purpose

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• When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

  George Soros

  Gold, Investing, Moments

  "Soros and Paulson move in opposite directions as gold declines" by Tom Bawden, www.theguardian.com. March 6, 2011.

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• That sort of fundamentalism which treats possession of private property not as a desirable economic and personal asset but as a condition of liberty is a form of primitive religion.

  Neil Kinnock

  Liberty, Economic, Form

  Speech to National Housing and Town Planning Conference in Bournemouth, October 28, 1986.

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• But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

  Alan Greenspan

  Past, Japan, Unexpected

  Alan Greenspan (2008). “The Age of Turbulence: Adventures in a New World”, p.177, Penguin

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• We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.

  Alan Greenspan

  Jobs, Real, Bankers

  Alan Greenspan (2008). “The Age of Turbulence: Adventures in a New World”, p.177, Penguin

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• Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

  Alan Greenspan

  Past, Japan, Risk

  Alan Greenspan's speech at the Annual Dinner and Francis Boyer Lecture of The American Enterprise Institute for Public Policy Research in Washington, D.C., www.federalreserve.gov. December 5, 1996.

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• Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.

  Alan Greenspan

  Resilience, Fiscal Policy, May

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• Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices, ... This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.

  Alan Greenspan

  Risk, Aftermath, Debt

  "Greenspan Chides Investors". Speech at a Fed symposium, www.nytimes.com. August 27, 2005.

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• Debt is one person's liability, but another person's asset.

  Paul Krugman

  Debt, Liability, Persons

  "Paul Krugman: 'I'm sick of being Cassandra. I'd like to win for once'". Interview With Decca Aitkenhead, www.theguardian.com. June 3, 2012.

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