Financial Quotes - Page 23

• Financial peace of mind is not determined by how much we make, but is dependent upon how much we spend!

  Marvin J. Ashton

  Mind, Determined, Dependent

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• Many marriage tragedies are caused, not by lack of money, but rather by the mismanagement of it.

  Marvin J. Ashton

  Tragedy, Mismanagement

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• [Debt] It has driven thousands to drink, and the worry and anxiety it has created have literally taken the lives of many of our ablest men. It has prostrated individuals, enterprises and nations.

  Stephen L. Richards

  Taken, Men, Worry

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• I commend to you the virtues of thrift and industry. In doing so, I do not wish you to be a "tightwad," if you will pardon that expression, or to be a freeloader, or anything of the kind.

  Gordon B. Hinckley

  Expression, Wish, Kind

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• The major media companies are significantly reducing their financial commitment to the motion picture sector.

  Peter Bart

  Commitment, Media, Reducing

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• The international community is unwilling to accept the policies of the Iranian regime, which gives financial support to terrorist organizations all over the world, denies the Holocaust, and calls for the wiping the state of Israel from the map, while developing long-range missiles and trying to obtain nuclear weapon.

  Moshe Katsav

  Israel, Organization, Long

  "Israeli President Discusses Iran Nuclear Standoff". RFEL Interview, www.rferl.org. March 20, 2006.

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• Perhaps our greatest concern is with families. The family is falling apart all over the world. The old ties that bound together father and mother and children are breaking everywhere. We must face this in our own midst. There are too many broken homes among our own. The love that led to marriage somehow evaporates, and hatred fills its place. Hearts are broken, children weep.

  Gordon B. Hinckley

  Mother, Children, Father

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• A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.

  Burton Malkiel

  Experts, Monkeys, Pages

  Burton G. Malkiel (2007). “A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing”, p.24, W. W. Norton & Company

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• A European currency will lead to member-nations transferring their sovereignty over financial and wage policies as well as in monetary affairs... It is an illusion to think that States can hold on to their autonomy over taxation policies.

  Hans Tietmeyer

  Thinking, Europe, Taxation

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• What is the explanation for the blind eye that has been turned on the flood of medical reports on the causative role of carbohydrates in overweight, ever since the publication in 1864 of William Banting's famous "Letter on Corpulence"? Could it be related, in part, to the vast financial endowments poured into the various departments of nutritional education by the manufacturers of our refined carbohydrate foodstuff?

  Robert Atkins

  Eye, Dark, Age

  Robert C. Atkins (1972). “Dr. Atkins' diet revolution; the high calorie way to stay thin forever”

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• I've seen many miracles take place in people's lives. Financial miracles, miracles of physical healing, mental healing, healing of relationships.

  Michael Beckwith

  Healing, Law Of Attraction, People

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• The only thing that we know about financial predictions of start-ups is that 100 percent of them are wrong

  Brad Feld

  Fundraising, Predictions, Percent

  Brad Feld, Jason Mendelson (2016). “Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist”, p.26, John Wiley & Sons

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• There is no doubt that many expensive national projects may add to our prestige or serve science. But none of them must take precedence over human needs. As long as Congress does not revise its priorities, our crisis is not just material, it is a crisis of the spirit.

  Nelson Rockefeller

  New York, Cities, Government

  The New York Times, p. 69, April 25, 1971.

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• We developed at the local school district level probably the best public school system in the world. Or it was until the Federal government added Federal interference to Federal financial aid and eroded educational quality in the process.

  Ronald Reagan

  Educational, School, Government

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• The only reason for a government service is precisely to provide financial support for an operation that is otherwise unsustainable, or else there would be no point in the government's involvement at all.

  Llewellyn Rockwell

  Government, Support, Would Be

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• The only really effective means of enabling States to deal with the grave problem of poverty is to provide them with the necessary resources through foreign financial aid - public and private - granted under reasonable conditions, within the framework of international commercial relations regulated with fairness.

  Pope John Paul II

  Mean, Poverty, Enabling

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• Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.

  Thomas Sowell

  Government, Should Have, Careers

  "Bailout Politics" by Thomas Sowell, www.realclearpolitics.com. September 30, 2008.

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• Most people spend their lives building financial houses of straws, which are susceptible to wind, fire, rain and big bad wolves.

  Robert Kiyosaki

  Rain, Fire, Wind

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• Education is the foundation of success. Just as scholastic skills are vitally important, so are financial skills and communication skills.

  Robert Kiyosaki

  Communication, Skills, Important

  Robert Kiyosaki (2015). “Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!”, p.19, Robert Kiyosaki

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• Life's an offensive proposition from beginning to end. Maybe those who can't tolerate offense ought to just go ahead and end it all, and maybe those who demand financial compensation for offense ought to have it ended for them.

  Tom Robbins

  Demand, Offensive, Ends

  Tom Robbins (2003). “Fierce Invalids Home From Hot Climates”, p.201, Bantam

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• There are three cardinal rules - don't take somebody else's boyfriend unless you've been specifically invited to do so, don't take a drink without being asked, and keep a scrupulous accounting in financial matters.

  W. H. Auden

  Matter, Three, Funny Business

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• Now, we are seeing many of these same companies face the truth about their financial standing. Congress is faced with the challenge of reforming our accounting industry and holding corporate executives responsible for their actions.

  Bennie Thompson

  Business, Challenges, Faces

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• Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.

  Ben Bernanke

  Strong, Practice, Organization

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• The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.

  Daniele Nouy

  Practice, Risk, Sound

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• There is a simple way of avoiding excess risk-taking by the managers of our financial institutions. It is to make it a crime ... had a crime for reckless management of a financial institution been on the books, Northern Rock and RBS would not have blown up.

  Paul Collier

  Book, Simple, Rocks

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