Assets Quotes - Page 23

• In the biggest companies, seek out the most useless positions: those in consultancy, appraisal, research, and study. The more useless your position, the less possible it will be to assess your 'contribution to the firm's assets.

  Corinne Maier

  Business, Work, Research

  Corinne Maier (2007). “Bonjour Laziness: Why Hard Work Doesn't Pay”, p.65, Vintage

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• The Senate needs to leave enough money in the proposed budget to not only reduce all marginal rates, but to eliminate the death tax, so that people who build up assets are able to transfer them from one generation to the next, regardless of a person's race.

  George W. Bush

  Humor, Race, People

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• Stock prices are likely to be among the prices that are relatively vulnerable to purely social movements because there is no accepted theory by which to understand the worth of stocks....investors have no model or at best a very incomplete model of behavior of prices, dividend, or earnings, of speculative assets.

  Robert J. Shiller

  Investing, Movement, Earning

  "Martket Volatility". Book by Robert J. Shiller, www.businessinsider.com. 1992.

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• The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.

  Ben Bernanke

  Risk, Use, Investing

  "U.S. Fed boosts bank scrutiny" by Craig Torres and Michael McKee, www.nationalpost.com. November 20, 2009.

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• In common with other artists the photographer wants his finished print to convey to others his own response to his subject. In the fulfillment of this aim, his greatest asset is the directness of the process he employs. But this advantage can only be retained if he simplifies his equipment and technic to the minimum necessary, and keeps his approach from from all formula, art-dogma, rules and taboos. Only then can he be free to put his photographic sight to use in discovering and revealing the nature of the world he lives in.

  Edward Weston

  Art, Sight, Use

  Edward Weston, Peter C. Bunnell (1983). “Edward Weston on photography”, Gibbs Smith Publishers

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• We need to start talking about inequality again; we need to start talking about the inequities and unfairnesses and the injustices of an excessively divided society, divided by wealth, by opportunity, by outcome, by assets and so forth.

  Tony Judt

  Opportunity, Talking, Needs

  "Tony Judt: 'I am not pessimistic in the very long run'". Interview With Stephen Foley, www.independent.co.uk. March 24, 2010.

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• Integration is the most important asset Europe has, and the key component to European integration is the euro.

  Anibal Cavaco Silva

  Keys, Europe, Important

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• Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.

  Hans-Hermann Hoppe

  Hands, Taxation, Mouths

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• There was the usual dreaminess, I suppose. Also a shyness that caused me - and others - to notice that I could express myself better by writing than by speaking. This is typical of many writers, I think. What is a drawback in childhood is an asset to a literary life. Not being fluent on one’s feet sends one to the page and a habit is born.

  Lorrie Moore

  Writing, Thinking, Feet

  "Lorrie Moore, The Art of Fiction No. 167". Interview with Elizabeth Gaffney, www.theparisreview.org. 2001.

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• The growth of entrepreneurial classes throughout the world is an asset in the promotion of human rights and individual liberty, and it should be understood and used as such. Yet peace is the first and most important condition for continued prosperity and freedom. America's military power must be secure because the United States is the only guarantor of global peace and stability. The current neglect of America's armed forces threatens its ability to maintain peace.

  Condoleezza Rice

  Military, Class, America

  "Campaign 2000: Promoting the National Interest" by Condoleezza Rice in Foreign Affairs, Volume 79, No. 1, www.foreignaffairs.com. January/February 2000.

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• I didn't come from a wealthy family. I had no money. Maybe it goes back to naivete which is your greatest asset when you're young. If I was starting in comedy today and if it didn't work the first time, I'd probably quit. But I kept at it, kept at it.

  Steve Martin

  Today, Firsts, Comedy

  "COVER STORY : A Side Order of Steve Martin : He's had his ups and downs with L.A., but they're back together in his new movie". Interview with Elaine Dutka, articles.latimes.com. February 3, 1991.

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• There is a religious principle: Love thy neighbour as thyself. But it's also an economic asset. If you've got a neighbour, you've got help, and this implies another limit. If you want to have neighbours, you can't have a limitless growth economy. You have to prefer to have a neighbour rather than to own your neighbour farm.

  Wendell Berry

  Religious, Growth, Want

  "Nature as an Ally: An Interview with Wendell Berry". Interview with Sarah Leonard, ourworld.unu.edu. July 5, 2012.

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• The digital asset that matters is trust. Awareness first, then interaction, and maybe a habit, but all three mean nothing if they don't lead to permission and trust. The privilege of connection. Everything else is slippery.

  Seth Godin

  Mean, Firsts, Privilege

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• Take my assets - but leave me my organization and in five years I'll have it all back.

  Alfred P. Sloan

  Years, Organization, Leaving Me

  "Management: building competitive advantage". Book by Thomas S. Bateman and ‎Scott Snell, p. 276, 1999.

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• It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

  Julian Assange

  Interesting, Swiss, Offshore

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• When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.

  Bill Gross

  Running, Real, Risk

  "Credit Supernova!" by Bill Gross, www.pimco.com. February 2013.

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• If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

  Bill Gross

  Wealth Creation, Financial, Rate

  "PIMCO’s Bill Gross: Inflation ‘Doesn’t Fairly Distribute Its Pain And Benefits’" by Sam Forgione, www.huffingtonpost.com. July 31, 2012.

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• The first business asset you should invest in is yourself.

  Orrin Woodward

  Firsts, Should

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• What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.

  Nouriel Roubini

  Two, Needs, Panic

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• I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities, diversified U.S. and global and emerging markets, and when the risk is larger, I diminish the amount in global equities and put more into liquid assets - but very irregularly.

  Nouriel Roubini

  Running, Believe, Long

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• The ability to manage large assets well - it's like being Michael Jordan or winning the gold in the Olympics; it's what you aspire to.

  Louis Bacon

  Winning, Gold, Olympics

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• All of Chinese thinking - Confucianism, Taoism, as well as Buddhism - contains the idea that in the course of life, man will shape harmoniously those psychic and physical predispositions that he received as capital assets by unifying them and giving them form from within a center.

  Richard Wilhelm

  Buddhism, Men, Thinking

  Richard Wilhelm (2014). “Lectures on the "I Ching": Constancy and Change”, p.162, Princeton University Press

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• Being made to feel like an irrelevant child was probably an asset. Benign negligence is not a bad parental attitude or at least a cross between a benevolent dictator and benign negligence - you should just let kids crack on with it.

  Clare Balding

  Attitude, Children, Kids

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• Software as an asset isn't stable over time; it needs to be maintained.

  Brian Behlendorf

  Needs, Software, Stable

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• Skill at creating, exploiting, and exiting crucial alliances beats ownership of fixed assets

  Tom Peters

  Skills, Creating, Alliances

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