There are no elements so diverse that they cannot be joined in the heart of a man.
Jean GiraudouxRead
A stock certificate is not a tool, like a shovel, or a commodity, like a pound of cheese. What we sell a customer is not a share in a business, but a view of the Elysian Fields. A financier is a creative artist. Our function is to stimulate the imagination. We are poets!
Interpretation
The quote emphasizes the creative and imaginative aspects of finance rather than viewing it purely as a transactional tool.
Jean Giraudoux suggests that the essence of finance transcends mere transactions; it is about inspiring and painting a vision for clients. By likening financiers to poets, he highlights the importance of creativity and imagination in the world of financial services, suggesting that they offer not just shares in a business but a perspective on greater possibilities and dreams.
In practice
This quote can be used in a financial seminar to inspire students about the creative side of finance.
There are no elements so diverse that they cannot be joined in the heart of a man.
When a grown man reaches forty, we change him for an old one. He has completely disappeared. There's only the most superficial resemblance between the two of them. Nothing is handed on from one to the other.
Everyone, when there's war in the air, learns to live in a new element: falsehood.
It's odd how people waiting for you stand out far less clearly than people you are waiting for.
It would be better if only the old men fought the wars. Every country is the country of youth. When its youth dies, it dies with them.
A man has only one way of being immortal on earth: he has to forget he is a mortal.
Donβt buy luxuries until youβve built the assets to afford them
When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.
If I was counselling an individual, and my purpose was to help that individual, the most important thing would be that you should save more. Because don't expect that your retirement will follow those trajectories that some advisers are telling you.
When somebody asserts that a stock has an earning power of so much, I am sure that the person who hears him doesn't know what he means, and there is a good chance that the man who uses it doesn't know what it means.
Credit cards are like snakes: Handle 'em long enough, and one will bite you.
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