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#finance

Read through the most famous quotes by topic #finance




All money is a matter of belief.


Adam Smith


#belief #matter #money

Right, you see that girl over there, the one in that group that keeps looking right at you?'...'Right, let's say I'm convinced she's wearing black knickers - she looks like a black knickers kind of gal to me - and I'm so sure that's what she's wearing, so positive of that sartorial fact, I want to bet a million dollars on it. The trouble is, if I'm wrong, I'm wiped out. So I also bet she's wearing knickers that aren't black, but are any one of a whole basket of colours - let's say I put nine hundred and fifty thousand dollars on that possibility: that's the rest of the market; that's the hedge. This is a crude example, okay, in every sense, but hear me out. Now if I'm right, I make fifty K, but even if I'm wrong I'm going to lose fifty K, because I'm hedged. And because ninety-five per cent of my million dollars is not in use - I'm never going to be called on to show it: the only risk is in the spread - I can make similar bets with other people. Or I can bet it on something else entirely. And the beauty of it is I don't have to be right all the time - if I can just get the colour of her underwear right fifty-five per cent of the time I'm going to wind up very rich...


Robert Harris


#finance #beauty

Businesspeople are like sharks, not just because we're gray and slightly oily, or because our teeth trail the innards of those we have eviscerated, but because we must move forward or die.


Stanley Bing


#finance #humor #money #business

But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance.


Terry Pratchett


#finance #gold #rainbow #dreams

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






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