Posts Tagged ‘assets’

Toni Fan: Data Deposit & Transfer

Posted by admin on Friday, September 8, 2017

Toni Fan Money Quote saying it’s routine to move money from one bank to another, but we cannot so easily move our data. Toni Fan said:

It’s easy enough to deposit assets, in the form of money, in one bank and withdraw it from another. But it’s far more difficult, if not downright impossible, to transfer personal data
— Toni Fan

Sheri Dillon: Government Diversified Portfolio

Posted by admin on Wednesday, January 11, 2017

Sheri Dillon Money Quote saying as Trump conflict of interest attorney that he’ll hold a diversified portfolio that meets guidelines from the Office of Government Ethics. Sheri Dillon said:

The President-elect has also already disposed of all of his investments in publicly traded or easily liquidated investments. As a result, the trust will have two types of assets. First, it will hold liquid assets: cash, cash equivalents, and treasuries and perhaps some positions in a government approved diversified portfolio, one that is consistent with the regulations from the Office of Government Ethics
— Sheri Dillon

Warren Buffett: Wells Fargo Customer Base

Posted by admin on Friday, September 30, 2016

Warren Buffett Money Quote saying the Wells Fargo customer base was growing steadily – however growth was due to fraud – making it much harder for Wells Fargo to make money on new customer growth. Warren Buffett said:

Wells Fargo … you can’t take away Wells’ customer base. It grows quarter by quarter. And what you make money off of is customers. And you make money on customers by having a helluva spread on assets and not doing anything really dumb. And that’s what they do.
— Warren Buffett

C.K. Wilde: Art World a Last Great Cartel

Posted by admin on Friday, September 23, 2016

C.K. Wilde Money Quote saying artists work speaks to injustice and inequality are supported by wealthy art collectors that may be avoiding taxes and seeking to be influential. C.K. Wilde said:

I am involved in one of the last great cartels, the art world. A place for the wealthy to “hide” their assets, to dodge taxes, and to celebrate their influence
— C.K. Wilde

Janet Yellen: Wealthiest 5% Hold 2/3 Assets

Posted by admin on Wednesday, October 22, 2014

Janet Yellen Financial Assets GraphJanet Yellen Money Quotation saying the richest five percent hold two thirds of financial assets in the United States. Janet Yellen said:Janet Yellen said:

[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. …the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013
— Janet Yellen

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