Assets Quotes - Page 8

• OWE, v. To have (and to hold) a debt. The word formerly signified not indebtedness, but possession; it meant "own," and in the minds of debtors there is still a good deal of confusion between assets and liabilities.

  Ambrose Bierce

  Confusion, Confusing, Mind

  Ambrose Bierce (2001). “The Unabridged Devil's Dictionary”, p.177, University of Georgia Press

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• The dilemma of our age is the combination of unprecedented material progress and systematic spiritual decline. The decline in public and private morality can be witnessed in the marketplace as well as the forums of international diplomacy. In the past, a man's honor and reputation were his most valuable assets. Business agreements were made with a handshake. Today one might be well advised to check the "bottom line" and read the "small print."

  King Hussein I

  Spiritual, Business, Past

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• Nothing matters more to the future of this Nation than insuring that our young men and women learn to believe in themselves and believe in their dreams, and that they develop this capacitythat you develop this capacity, so that you keep it all of your lives. I believe one of Americas most priceless assets is the idealism which motivates the young people of America. My generation has invested all that it has, not only its love but its hope and faith, in yours.

  Richard M. Nixon

  Love, Dream, Believe

  Remarks at the University of Nebraska, Lincoln, Nebraska, January 14, 1971.

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• Thirty years ago, about 80% of a company's assets resided in its plant and equipment, with 20% in the knowledge of its people. Today, the reverse is true. The knowledge of our staff is our principal asset

  Susan Rice

  Happy, Business, Years

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• Often the great scientists, by turning the problem around a bit, changed a defect to an asset. For example, many scientists when they found they couldn't do a problem finally began to study why not. They then turned it around the other way and said, "But of course, this is what it is" and got an important result.

  Richard Hamming

  Change, Science, Important

  "'You and Your Research' - 1986 Speech by Dr. Richard W. Hamming". www.valueinvestingworld.com. September 21, 2009.

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• Many Enron employees lost 70 percent to 90 percent of their retirement assets after the company indicated that it would re-state profit reports.

  Elaine Chao

  Retirement, Lost, States

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• Those entrapped by the herd instinct are drowned in the deluges of history. But there are always the few who observe, reason, and take precautions, and thus escape the flood. For these few gold has been the asset of last resort.

  Antony C. Sutton

  Gold, Lasts, Reason

  Antony C. Sutton (1977). “The War on Gold”, Concord Books

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• Once, a friend’s mom said to me when I was very young 'You can't really invest in your looks as the only thing because it's a depreciating asset. I think this is trueit’s like putting money into a stock that’s going down. Put your money, put your effort, invest in your brain and talent which will appreciate and get better as you get older.

  Rashida Jones

  Mom, Thinking, Appreciate

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• Self-discipline, as a virtue or an acquired asset, can be invaluable to anyone.

  Duke Ellington

  Music, Self, Discipline

  Duke Ellington (1973). “Music is my mistress”, Doubleday Books

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• The biggest asset you have is your earning capacity, and that depends entirely on your attitude.

  Ben Feldman

  Attitude, Earning, Capacity

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• Age is as much an asset for character players as it is for good wine. Human experiences, both good and bad, leave their marks on one's face and bearing. A few lines on the face and a few gray hairs coupled with the idiosyncrasies an actor adopts throughout life help out round out the actor's personality. So far as I'm concerned, the older a character actor gets, the firmer his position is.

  Strother Martin

  Wine, Character, Player

  Biography/Personal Quotes, www.imdb.com.

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• Try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets you've learned and you don't make bigger mistakes. Try to go as far as you can without anybody else's help first.

  Daymond John

  Mistake, Trying, Levels

  "Pitching Advice From The Judge Who Puts Entrepreneurs Through Hell On 'Shark Tank'". Interview with Melissa Stanger, www.businessinsider.com. November 9, 2012.

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• Intelligence, adaptability and talent. And by talent I mean the capacity for hard work. Lots of girls come here with little but good looks. Beauty is a valuable asset, but it is not the whole cheese.

  Ginger Rogers

  Girl, Mean, Hard Work

  Biography/Personal Quotes, www.imdb.com.

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• History has blessed us with all the freedom and advantages of multiculturalism. But it has also blessed us, because of the accident of our origins, with the linguistic unity that brings a critically needed cohesion to a nation as diverse, multiracial and multiethnic as America. Why gratuitously throw away that priceless asset? How mindless to call the desire to retain it 'racist.

  Charles Krauthammer

  Blessed, America, Unity

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• In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.

  Hyman Minsky

  World, Ratios, Portfolios

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• The average person can’t really trust anybody. They can’t trust a broker, because the broker is interested in churning commissions. They can’t trust a mutual fund, because the mutual fund is interested in gathering a lot of assets and keeping them. And now it’s even worse because even the most sophisticated people have no idea what’s going on.

  Seth Klarman

  Average, Ideas, People

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• People are my most important asset. Faith in the supreme being, trust, credibility and performance are the things that have brought me to the top.

  Don King

  People, Boxing, Important

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• My greatest political asset, which professional politicians fear, is my mouth, out of which come all kinds of things one shouldn't always discuss for reasons of political expediency.

  Shirley Chisholm

  Political, Mouths, Kind

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• One percent of the equity, 1 percent of the profits, and 1 percent of the people go into Google.org. The most important asset isn’t money, it’s people. One percent of the people means 60 or 70 of the smartest people in the world trying to solve some of the biggest problems in the world.

  Larry Brilliant

  Mean, People, Google

  "Feeling Lucky". Interview with Evan Ratliff, www.wired.com. July 1, 2006.

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• Many people with different backgrounds, cultures, languages, and creeds combine to make a nation. But that nation is greater than the sum total of the individual skills and talents of its people. Something more grows out of their unity than can be calculated by adding the assets of individual contributions. That intangible additional quantity is often due to the differences which make the texture of the nation rich. Therefore, we must never wipe out or deride the differences amongst us-for where there is no difference, there is only indifference.

  Louis Nizer

  Skills, Differences, People

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• Trade is now clearly designed to favor the wealthiest and most powerful corporations at the expense of the rest of us. The three wealthiest people on earth now control more assets than the combined incomes of 600 million people in the world's 48 poorest countries.

  Jim Wallis

  Country, Powerful, Thought Provoking

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• If you had to explain America's economic success with one word, that word would be "education".... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board.... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process.

  Paul Krugman

  Education, Blow, America

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• Diversity" is a difficulty to be overcome, not an advantage to be sought. True, America does a better job than most at accommodating a diverse population. We also do a better job at curing cancer and containing pollution. But no one goes around mindlessly exclaiming: "Cancer is a strength!" "Pollution is our greatest asset!

  Ann Coulter

  Jobs, Cancer, America

  "At the End of the Day, Diversity Has Jumped the Shark". humanevents.com. November 18, 2009.

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• Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.

  Eric Kierans

  Rights, Movement, World

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• Your imagination is the single most important asset you possess. Your imagination is your power to create mental pictures of things that don't exist yet and that you want to bring into being. Your imagination is what you use to shape your future. And so in your own way, you are a prophet. You generate countless predictions every day. Your imagination is the source,tirelessly churning out mental pictures of what you'll be doing in the future.

  Rob Brezsny

  Imagination, Important, Use

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