#finance

If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility. ↗

— Niall Ferguson

#humanity #man #money #money

Money is a public good; as such, it lends itself to private exploitation. ↗

— Charles P. Kindleberger

#finance #financial-crises #money

Money is the last taboo. People will talk about their sex lives before they discuss their finances. ↗

— Marvin H. McIntyre

#money #sex #money

Money was a problem. Money was always a problem no matter how many bones he crushed or how much blood he let or dues he paid. The fucking rent was always due. ↗

— Laird Barron

#money

The first rule in making money is not to lose it. ↗

— Steven J. Lee

#money #wealth #money

Thy shalt not worship thy investment advisor, for if she were so smart she would be retired by now. ↗

— Steven J. Lee

#money #wealth #money

Every time you borrow money, you're robbing your future self. ↗

— Nathan W. Morris

#money #money-management #personal-finance #money

Leverage is a term that makes us sound very sophisticated and wise when we use it. Let’s analyze what it really means. ↗

— Celso Cukierkorn

#finance #money #rabbi-celso #money

My people have more know-how in dealing with money than any other people on earth. It is not just a stereotype. I have traveled the world, and everywhere I go, Jews are always represented within the wealthiest sector of people in their countries. During the last 2,000 years, Jews have been expelled or turned away from almost every country in the world, but over and over again, they have been able to re-settle, start from nothing, and build significant wealth in new lands. ↗

— Celso Cukierkorn

#rabbi-celso #rabbi-celso-celso-cukierkorn #money

Americans are following a stampede to the financial slaughterhouse. Let us stop following them and go in the other direction. ↗

— Celso Cukierkorn

#money #money