#finance

Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly. ↗

— James Chanos

#accounted #any #derivatives #done #evil

Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation. ↗

— Sanjay Kumar

#big #capital #critical #finance #improvement

I believe that the true definition of wealth is loving what you have rather than what you don’t have. ↗

— Celso Cukierkorn

#prosperity #rabbi-celso #love

Money problems can always be solved by a man not frightened by them. ↗

— Robert A. Heinlein

#money

The ascent of money has been essential to the ascent of man. ↗

— Niall Ferguson

#financial-history #history #money #money

I would like to have an ample fund to spread the light of Republicanism, but I am willing to undergo the disadvantage to make certain that in the future we shall reduce the power of money in politics for unworthy purposes. ↗

— William Howard Taft

#money

Whomsoever controls the volume of money in any country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate. ↗

— James Garfield

#control #depression #economy #finances #government

This story is the ultimate example of American’s biggest political problem. We no longer have the attention span to deal with any twenty-first century crisis. We live in an economy that is immensely complex and we are completely at the mercy of the small group of people who understand it – who incidentally often happen to be the same people who built these wildly complex economic systems. We have to trust these people to do the right thing, but we can’t, because, well, they’re scum. Which is kind of a big problem, when you think about it. ↗

— Matt Taibbi

#government #politics #thievery #united-states #economy

The mutual fund industry has been built, in a sense, on witchcraft. ↗

— John C. Bogle

#intelligence

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. ↗

— Warren Buffett

#inspirational-attitude #attitude