Financial Quotes
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I consider most of the talent in the financial world to be suboptimal. It could be better placed earning its living in the real world.
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History teaches us that the capacity of things to get worse is limitless. Roman history suggests that the short, happy life of the American republic may be coming to its end... the US will probably maintain a facade of constitutional government and drift along until financial bankruptcy overtakes it.
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FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.
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And a musician has to learn to be frugal and to carefully manage financial affairs.
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The Affordable Care Act's requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably be characterized as a tax.
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I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.
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Camfed graduates are active in their villages using their skills and resources to improve as many lives as possible. They are teaching financial literacy to marginalized women and bringing vital health care information to rural schoolchildren. Through example, they are demonstrating the power of philanthropy.
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People with financial plans are much more likely to feel prepared, even in tumultuous times. They're more likely to feel that their dreams and goals are secure. And, oh yes, they do actually save significantly more.
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Your retirement comes before your children's tuition. That's because there's no financial aid for retirement, and there's still a good deal available for college.
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I loved Internet businesses, having built and sold one. And I loved the financial business, despite the fact that it was almost all a scam.
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The amount of financial and imaginative energy that's put into mediocrity is just amazing, which I find to be fundamentally offensive as a human being.
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I was OK in school, but I always missed a lot because I was playing so much. But if I'd stuck at it, I imagine that I'd be doing something financial or economical. Finance always attracted me, even though maths was always a bit of a love-hate relationship. I would have tried playing football, but I don't think I'd have made it.
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It is not possible to erase racism just because African-Americans have reached a level of financial success and crossover appeal.
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The United States follows the pattern of men taking the financial risks even within a given field. Women physicians are three times as likely as men to work for the government or an HMO; men physicians are much more likely to be self-employed in a solo practice.
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In some respects, inside information is a form of financial steroid. It is unfair: it is offensive; it is unlawful; and it puts a black mark on the entire enterprise.
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We've offered direct financial support for a range of renewable energy sources, whether it be large-scale solar, whether it be geothermal, whether it be wave power or wind power.
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In the foundation and development of a successful enterprise there must be a single-minded pursuit of financial profit.
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In Germany it's impossible to go bankrupt for medical bills, because even if you are bankrupt, ... the social solidarity system pays for your medical bills. The idea is, if you do have financial problems and a lot of worries for other reasons, you do not need to have another burden in not being able to pay medical bills.
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As financial market players know, advantage comes from reacting to news first. The same thing is true for all companies. When you start the conversation, you are recognised as someone who is plugged into the marketplace of ideas. If you talk about an idea early, you naturally get more exposure because the threads of conversation stem from what you have said. If you're in late you get lost in the cacophony.
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I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.
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It is the fear of death - 24/7 in every shade of hospital white and doomsday black--that sells the pharmaceutical, political, financial, film, and food product promising to make good the wish to live forever.
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You can build a statistical model and that's all well and good, but if you're dealing with a new type of financial instrument, for example, or a new type of situation - then the choices you're making are pretty arbitrary in a lot of respects.
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Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.
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If you want better behavior from bankers, then make their financial incentives more like those in the hedge-fund world - where managers have 'skin in the game,' and their net worth is tied to their long-term performance.
