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.
In January we start saving money, getting out of credit card debt, funding our retirement accounts, and we're doing wonderful. Then, every single year like clockwork, starting in November, all of you fall into this trap that says, 'I have to buy this gift... I can't show up at this party and not have something for everybody.
Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.
When our financial system - essentially our money managers, marketers of investment products and stockbrokers - put up zero percent of the capital and assume zero percent of the risk yet receive fully 80% of the return, something has gone terribly wrong in our financial system.
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage.
Subscribe for the occasional hand-picked quote. No noise.