Archive for the ‘finance’ Category

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Albert Einstein: Compound Interest Wonder

Posted by admin on Saturday, March 25, 2017

Albert Einstein Money Quote saying Compound interest is a fascinating thing that pays those smart enough to make use of it. Albert Einstein said:

Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it
— Albert Einstein

Donald Trump: Website Cost Me $3

Posted by admin on Wednesday, March 22, 2017

Donald Trump Money Quote referencing the healthcare.gov website saying he could have gotten a better deal because his websites cost him less than anyone, possibly ever in the history of websites. Donald Trump said:

And remember the $5 billion website? $5 billion we spent on a website, and to this day it doesn’t work. A $5 billion dollar website? I have so many websites. I have them all over the place. I hire people, they do a website. It costs me $3 dollars
— Donald Trump

George Bernard Shaw: Money in Darkness

Posted by admin on Monday, March 20, 2017

George Bernard Shaw Money Quote saying that production of cash is better done in dark corners when we cannot see properly so we are less offended by the mystery. George Bernard Shaw said:

Shall I turn up the light for you?
No, give me deeper darkness. Money is not made in the light
— George Bernard Shaw

Wilbur Ross: Banking Over-Regulated

Posted by admin on Tuesday, March 14, 2017

Wilbur Ross Money Quote saying Over regulation didn’t stop banks from making poor decisions that weren’t regulated and we should stop regulations so bankers will become smarter. Wilbur Ross said:

There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn’t save those institutions from making terrible decisions
— Wilbur Ross

Jeb Hensarling: Drowning Community Banks

Posted by admin on Friday, March 10, 2017

Jeb Hensarling Money Quote saying Dodd-Frank Bank regulations have a history of hurting small local banks and compares the financial protections to torture techniques. Jeb Hensarling said:

Washington’s regulatory waterboarding is drowning community banks and small businesses, On behalf of every hardworking, struggling American — I will not rest until Dodd-Frank is ripped out by its roots and tossed on the trash heap of history
— Jeb Hensarling

Micah Hauptman: Fiduciary Rule Ruse

Posted by admin on Thursday, March 2, 2017

Micah Hauptman Money Quote saying Trump has requested a delay in implementing the Obama administrations “Fiduciary Rule” on investment advisors. Micah Hauptman said:

It’s a complete ruse that the delay will be limited to 60 days, We should expect a string of delays, and the longer the rule is delayed, the more harm will befall retirement savers
— Micah Hauptman

Herbert A. Simon: Attention Poverty

Posted by admin on Wednesday, March 1, 2017

Herbert A. Simon Money Quote saying a wealth of information can require more attention than we can muster and overwhelms our capacity putting us in poverty of knowledge. Herbert A. Simon said:

A wealth of information creates a poverty of attention
— Herbert A. Simon

Michael Eisner: $ Reason to Make Movies

Posted by admin on Sunday, February 26, 2017

Michael Eisner Money Quote saying movie studios number one goal is always to make money, and may sometimes involve making a socially redeeming film that really says something in an artful way and therefore make history. Michael Eisner said:

The pursuit of making money is the only reason to make movies. We have no obligation to make history. We have no obligation to make art. We have no obligation to make a statement
— Michael Eisner

Our obligation is to make money, and to make money, it may be important to make history. To make money, it may be important to make art, or some significant statement. To make money, it may be important to win the Academy Award, for it might mean another ten million dollars at the box office
— Michael Eisner

Our only objective may be to make money, but in order to make money, we must always make entertaining movies. And if we make entertaining movies, at times we will make history, art, a statement, or all three. We may even win awards
— Michael Eisner

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