Assets Quotes - Page 20

• My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.

  Robert Kiyosaki

  Dad, Real, Long

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• People with low financial literacy standards are often unable to take their ideas and create assets out of them.

  Robert Kiyosaki

  Ideas, People, Financial

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• The value of assets often increases exponentially while the value of your labor only increases incrementally.

  Robert Kiyosaki

  Financial, Increase, Labor

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• Thinking clearly and effectively is the greatest asset of any human being. We are constantly reminded that the one superiority that man has over other animals is the ability to think. It is primarily our ability to think that sets us apart from other animals.

  Harry Lorayne

  Animal, Men, Thinking

  Harry Lorayne (2005). “Secrets of Mind Power: Your Absolute, Quintessential, All You Wanted to Know, Complete Guide to Memory Mastery”, p.26, Frederick Fell Publishers

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• Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.

  Robert Kiyosaki

  Struggle, Simple, Ideas

  Robert Kiyosaki (2015). “Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!”, p.72, Robert Kiyosaki

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• Costume is always an asset. Normal costume you have a lot to say about - if you're wearing suits or ties, and what color you want, and how it's going to be cut, and stuff like that, and whether or not you're going to wear a hat, and blah, blah, blah. But, when you're wearing a special costume, and of course, costume is probably the second ingredient in character, script being first, I always find that the costume does a lot to cement your character, to put it firmly in mind.

  Morgan Freeman

  Character, Cutting, Ties

  "Morgan Freeman Talks OBLIVION, Working with Tom Cruise, Being Drawn to Sci-Fi and Technology, Shooting a Dual .50 Caliber Machine Gun and More". Interview with Sheila Roberts, collider.com. April 16, 2013.

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• Industrialization is the systemic exploitation of wasting assets. In all too many cases, the thing we call progress is merely an acceleration in the rate of that exploitation.

  Aldous Huxley

  Progress, Industrialization, Cases

  Aldous Huxley (1954). “The collected works of Aldous Huxley”

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• In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.

  Alan Greenspan

  Momentum, Financial, Economy

  "Fed chief sparks US rally" by Jane Martinson, www.theguardian.com. December 5, 2000.

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• Never work for a company that says people are its most important asset. If you wanted to get a mortgage and you said that your only asset was people you would end up living in a tent.

  Guy Browning

  People, Important, Tents

  People, 2006.

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• I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.

  Thomas Piketty

  People, Different, Return

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• The assets you want to buy are the ones people have to sell.

  William E. Conway, Jr.

  People, Want, Sells

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• Bulgaria has been deindustrialized by interest groups who extracted state assets like oil states extract the oil in their ground.

  Ivan Krastev

  Oil, Groups, States

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• The most important assets we have are our bodies and our energy which can be put to good use as resources in political activism for poor and working people.

  Cornel West

  People, Political, Important

  "Dr. Cornel West’s Prognosis for the Country’s Prospects". Interview with Kam Williams, www.pittsburghurbanmedia.com.

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• The U.S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time.

  Howard Warren Buffett

  Years, Cost, Unlimited

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "The Charlie Rose Show", www.cnbc.com. October 1, 2008.

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• Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.

  Howard Warren Buffett

  Jobs, Government, Talking

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime - Charlie Rose Interview". Interview with Charlie Rose, www.cnbc.com. October 1, 2008.

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• Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.

  Howard Warren Buffett

  Running, Country, Mean

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• If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.

  William J. Clinton

  Jobs, Cutting, Trying

  Source: www.foxnews.com

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• When you're acting, you're subjective; when you're a director, you're more objective.You're kind of watching from the outside and helping others, and therefore I learn my mistakes through others, and also my assets through others.

  Philip Seymour Hoffman

  Mistake, Helping Others, Acting

  Source: www.pbs.org

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• One's strongest asset is simultaneously his point of strongest vulnerability.

  Harry Levinson

  Wealth, Strongest, Vulnerability

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• Rich don't work for money. They work for assets.

  Robert Kiyosaki

  Rich

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• The assets of the Jewish National Home must be created exclusively through our own work, for only the product of the Hebrew labor can serve as the national estate.

  David Ben-Gurion

  Home, Hebrew, Estates

  "Ben-Gurion and the Palestinian Arabs : From Peace to War". Book by Shabtai Teveth, 1985.

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• The duty of happiness becomes clearer when we see how it affects others. It is the merry heart that makes the cheerful countenance, and it is the cheerful countenance that spreads cheer to make other hearts merry. The sunny soul brings sunshine everywhere. A bright and happy temperament is a great social asset, adding to the happiness of the world.

  Hugh Black

  Happiness, Cheer, Heart

  Hugh Black (1911). “Happiness”

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• Even more fundamental than housing to the global financial economy is the idea that the U.S. government is a safe asset.

  Ezra Klein

  Government, Ideas, Fundamentals

  Source: www.today.com

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• I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.

  Stephen A. Schwarzman

  Economy, Periods, Recessions

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• Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.

  Michael Steinhardt

  Art, Form, Made

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