Quotes on Financial

THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor.

Not yet have I found any better method to prosper during the future financial chaos, which is likely to last many years, than to keep your net worth in shares of those corporations that have proven to have the widest profit margins and the most rapidly increasing profits. Earning power is likely to continue to be valuable, especially if diversified among many nations.

But there's no way round it-commercial success is a mark of failure for a graffiti artist. We're not supposed to be embraced in that way. When you look at how society rewards so many of the wrong people, it's hard not to view financial reimbursement as a badge of self-serving mediocrity.

The financial industry is a service industry. It should serve others before it serves itself.

Somehow, there is this feeling that women require remedial financial education, and so everything must be dumbed down. The reality is that we all need a lot more education, but guys just go ahead and invest anyway.

If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people as any other institution.

If we reduce the number of employees for better short-term financial results, employee morale will decrease. I sincerely doubt employees who fear that they may be laid off will be able to develop software titles that could impress people around the world.

If you make time each month to give your money some attention, you'll start the next year in fabulous financial shape.

The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts.

When you talk about black entrepreneurship, you're talking about addressing the foundation of what's going on with our people when we don't have any financial power. Our basic needs aren't being met in a lot of cases, so there's no way we're going to be able to tap into our potential until we address those bottom-level base needs.

We all stand on the shoulders of our ancestors. We're in a relay race, relying on the financial and human capital of our parents and grandparents. Blacks were shackled for the early part of that relay race, and although many of the fetters have come off, whites have developed a huge lead.

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.

Quick riches are more dangerous than poverty.

History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.

The financial crisis and the Great Recession demonstrated, in a dramatic and unmistakable manner, how extraordinarily vulnerable are the large share of American families with very few assets to fall back on. We have come far from the worst moments of the crisis, and the economy continues to improve.

Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence.

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.

We must learn to separate need from greed...We must not allow our yearnings to exceed our earnings.

Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don't have to wait until then for seismology, meteorology and economics to become sciences; they already are.

Too many people spend money they haven't earned to buy things they don't want to impress people they don't like.

It's sort of good to see your vocation as a daily task and have fairly modest expectations for financial or reward in other coin - glory, love, whatever.