Jerome Powell Quotes
Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take.
Quotes to Explore
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In the United States we have the great Harvard Business School, but America is the country with the greatest debt in the world.
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In the back of my mind, I can never forget this could be gone tomorrow - and at this point I think the odds are against me... the chances of succeeding in this business are slim to none; there's only a handful of people that have long careers. You have to put in the work, you can never be satisfied, never take it for granted.
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There are many things which swallow up men's thoughts while they live, which they will think little of when they are dying. Hundreds are wholly absorbed in political schemes and seem to care for nothing but the advancement of their own party. Myriads are buried in business and money matters and seem to neglect everything else but this world.
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Getting into the residential investment business entails lots of renovation work.
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At some point, you decide to take something you really like and turn it into a business you love.
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Management manages by making decisions and by seeing that those decisions are implemented.
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Business is tough; you need tough guys.
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Nobody talks about how Puffy went to Howard University or about Lil Wayne attending the University of Houston. All the young kids know is what they see on the videos. They don't realize that these guys have taken managerial and business courses, and know how to brand and how to market themselves. They're very smart.
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I held a conference in Harvard where Americans said they didn't believe in risk. They thought it was just European hysteria. Then the terrorist attacks happened and there was a complete conversion. Suddenly terrorism was the central risk.
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We must eliminate all nuclear weapons in order to eliminate the grave risk they pose to our world. This will require persistent efforts by all countries and peoples. A nuclear war would affect everyone, and all have a stake in preventing this nightmare.
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Soon after, I returned home to my family, with a determination to bring them as soon as possible to live in Kentucky, which I esteemed a second paradise, at the risk of my life and fortune.
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What we have tried to instill across the league through ownership and management is that we stand for inclusiveness and to judge somebody on the merits.
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I invited a group of students to my studio to expose them to both the creative and business sides of the fashion industry. It was fun because the group was so bright and full of curiosity. They asked really challenging questions about all aspects of the business and absorbed so much information so quickly.
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This has been a trend for a long time; the days of lifetime employment are long since over.
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If there's any business that instructs you in the strong hand of fate, it's show business. You can plan and plan, but it's what happens to you that really determines what your career will be like.
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Whaling was the oil business of its day.
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There was really a snobbery from people in film - they did not want people who had come from television. It was the poor relation of show business, and especially situation comedy.
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Touring is really a pretty lonely business.
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I had to really work for everything. I'm definitely an underdog. I think Jesus made me be in that situation to be able to relate to more people. That's why give back to the at-risk kids.
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Growing up, I listened to a lot of everything - I fell in love with music, when I discovered people like Lauryn Hill and Tracy Chapman, people whose voices I could really feel, people with a lot of soul. That's what I'm drawn to as a musician: Anybody that has their own voice and their own point of view.
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A poet can survive everything but a misprint.
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To keep art stimulating, it's important to open it up to new horizons, which includes showing it in unexpected contexts.
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That people believe I can be Olympic champ, it just spurs me on.
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Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take.
