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.
People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.
The only thing useful banks have invented in 20 years is the ATM.
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.
I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.
The difference between tax avoidance and tax evasion is the thickness of a prison wall.
The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the discovery of frauds and swindles
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