Archive for the ‘finance’ Category

Bankers and leaders in the finance industry seem to be very tight lipped about what goes on inside banking. Here’s what politicians, comedians and just a few bank regulators have to say about banks.

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Seneca: Slave to Greed

Posted by admin on Saturday, December 30, 2023

Meaning of Seneca Money Quote: saying men are often slaves to their internal drives, including greed and not free. Seneca said:

 
Show me a man who is not a slave to greed, and all men are slaves to fear Quote

 

“‘He is a slave’ But shall that stand in his way? Show me a man who is not a slave; one is a slave to lust, another to greed, another to ambition, and all men are slaves to fear” — Seneca

 

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Seneca is pointing out that true freedom is freedom from inner vices and emotions that control us, not just freedom from external forces. His quote suggests that while some may not be physically enslaved, all people are enslaved to certain desires, weaknesses and fears inside themselves.

No one is fully free from being a “slave” to lust, greed, ambition or fear according to Seneca. Therefore, even if one is not legally owned by another person, one can still be ruled by their base impulses and psychological drives rather than living according to reason.

Overall, Seneca argues that true liberation comes from having power and mastery over one’s own mind, not from escaping external bondage alone, since internal slavery to passions still leaves one not fully free.

Edgar Allan Poe: Evolved Greed

Posted by admin on Friday, December 29, 2023

Meaning of Edgar Allan Poe Money Quote: saying all important things that represent our strong feelings, including greed are elements of religion. Edgar Allan Poe said:
 
All religion, my friend, is simply evolved out of fraud, fear, greed, imagination, and poetry Quote
 

“All religion, my friend, is simply evolved out of fraud, fear, greed, imagination, and poetry” — Edgar Allan Poe

 

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In this quote, Edgar Allan Poe appears to be expressing a skeptical view of organized religion. He seems to believe that many religious traditions originated or have been perpetuated due to factors like deception, attempts to gain power or wealth, flights of creative fancy, and stylistic expressions like poetry, rather than being grounded in objective truth or reality.

Poe suggests that religion has evolved over time based more on human emotions, motives and imaginings, rather than divine revelation or spiritual enlightenment.

The quote conveys Poe’s perspective that religion stems from worldly human traits and influences, not contact with the transcendent or supernatural. He appears to be taking a critical stance that questions whether religion accurately reflects higher spiritual realities.

David Sikhosana: Teach Investing

Posted by admin on Tuesday, December 26, 2023

Meaning of David Sikhosana Money Quote: saying teach kids about finances and be sure they understand how investing, tax and credit works. David Sikhosana said:
 
Teach your children about credit, tax and investing. Be extremely truthful about how they all work Quote
 

“Teach your children about credit, tax and investing. Be extremely truthful about how they all work” — David Sikhosana

 

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In this quote, David Sikhosana is advocating for the importance of financial literacy education for children. He stresses the need to “teach your children about credit, tax and investing” so they understand fundamental financial concepts from a young age.

Sikhosana also emphasizes the importance of being “extremely truthful” when explaining how these systems work, rather than simplifying complex realities. The quote conveys his view that parents should have open, honest discussions with their children about credit and debt, taxation, and different investment opportunities and risks.

By imparting practical financial knowledge and wisdom early on, according to Sikhosana, it can help children make more informed financial choices as they grow into adulthood.

Anthony Liccione: Talk is Cheap

Posted by admin on Friday, December 15, 2023

Meaning of Anthony Liccione Money Quote: saying If we accept the assertion that speaking is cheap, then keeping quiet becomes very expensive. Anthony Liccione said:
 
If talk is cheap, then being silent is expensive. And many people it seems, can't afford to buy into it Quote
 

“If talk is cheap, then being silent is expensive. And many people it seems, can’t afford to buy into it” — Anthony Liccione

 

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Anthony Liccione is making a point about the costs and benefits of speaking up versus remaining silent. The quote suggests that while simply talking or expressing one’s views is relatively inexpensive, choosing to stay quiet and say nothing can actually be quite costly.

Liccione implies that keeping silent sometimes means missing opportunities, failing to address important issues, or allowing misleading narratives to go unchallenged.

The message seems to be that meaningful participation through open discussion, even when uncomfortable, is often less “expensive” in the long run than the passive role of silent observer.

Overall, Liccione argues that meaningful engagement through speech is more affordable and worthwhile than the alternative of saying nothing at all.

Irving Stone: Dedication Expensive

Posted by admin on Monday, December 11, 2023

Meaning of Irving Stone Money Quote: saying the costliest thing is dedication, with or without talent. Irving Stone said:
 
 
Talent is cheap; dedication is expensive. It will cost you your life Quote

“Talent is cheap; dedication is expensive. It will cost you your life” — Irving Stone

 

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Irving Stone seems to be saying that while natural talent or ability may be common, true dedication and commitment to one’s craft requires immense effort, sacrifice and perseverance that can consume one’s entire life.

It implies that achieving greatness or mastery in any field demands an “expensive” level of dedication – one that demands total devotion and is willing to forgo other aspects of life.

The quote suggests that only those willing to pay the “price” of complete dedication over many years of hard work can hope to maximize their talents and achieve the highest levels of success.

Elizabeth May: Price is Knowledge

Posted by admin on Friday, December 1, 2023

Meaning of Elizabeth May Money Quote: saying The cost for knowledge is high and it means truth. Elizabeth May said:

 
The price you pay for truth is knowledge Quote
 

“The price you pay for truth is knowledge” — Elizabeth May

 

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In this quote, Elizabeth May seems to be saying that gaining true knowledge or understanding of something often requires paying a price in the form of learning difficult truths. The “price” could refer to having one’s preconceptions or assumptions challenged, or gaining insights that are uncomfortable or inconvenient.

So the quote suggests that truly comprehending an issue may mean facing hard realities, but doing so provides the benefit of greater wisdom and awareness. In other words, to obtain the “truth” about a situation means acquiring deeper “knowledge”, even if that knowledge requires confronting truths that are unpleasant or difficult to accept.

Marcus Monroe: Writer Sell Soul

Posted by admin on Sunday, November 19, 2023

Meaning of Marcus Monroe Money Quote: saying a writer should never sell their soul because their voice represents their soul. Marcus Monroe said:

 
 
It is redundant for a true writer to sell their soul for literary fame, since the soul is a writer's inner voice... Quote
 

“It is redundant for a true writer to sell their soul for literary fame, since the soul is a writer’s inner voice…” — Marcus G Monroe

 

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The money quote above is a thought-provoking one, and it raises some interesting points about the relationship between creativity, identity, and success. Here are some possible interpretations of the quote:

 

  1. The soul is the source of a writer’s creativity: The quote suggests that the soul is the wellspring of a writer’s ideas, inspiration, and passion. It implies that a writer’s soul is the driving force behind their craft, and that it is the source of their unique voice and perspective.
  2. Literary fame is not the ultimate goal: The quote implies that literary fame is not the ultimate goal of a true writer. Instead, the focus should be on the craft of writing and the joy of creating something meaningful and authentic. The idea is that if a writer is driven by a desire for fame, they may compromise their artistic integrity and lose touch with their true purpose.
  3. The soul is not something that can be sold: The quote suggests that the soul is not something that can be bought or sold. It is a deeply personal and sacred aspect of a person’s identity, and it cannot be traded away for external rewards or recognition. This idea highlights the importance of staying true to one’s artistic vision and values, rather than compromising them for the sake of success.

 

The quote by Marcus G. Monroe encourages writers to stay true to their artistic vision and values, and to prioritize the joy of creating over the desire for external recognition. It suggests that the soul is the source of a writer’s creativity and authenticity, and that it should not be sacrificed for the sake of literary fame.

Dan Davies: Social Security Ponzi

Posted by admin on Saturday, November 4, 2023

Meaning of Dan Davies Money Quote: saying Financial services companies want a bit of Social Security in fees. Dan Davies said:

 
Social Security is a Ponzi scheme financial-services industry to charge fees on Quote
 

“The claim that Social Security is a Ponzi scheme is itself part of the basis for calls to dismantle it and replace it with something that’s easier for the financial-services industry to charge fees on” — Dan Davies

 

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In this quote, Dan Davies is criticizing characterizations of Social Security as a “Ponzi scheme” as a disingenuous argument that is partly aimed at dismantling the existing system in favor of private alternatives that would generate higher fees for financial companies. Some key points in interpreting his perspective:

  • Davies implies the “Ponzi scheme” accusation is an oversimplification that ignores how Social Security actually functions as an insurance program.
  • He argues this talking point is used strategically to undermine public confidence in Social Security and create an opening to replace it with privately-managed retirement accounts.
  • However, reasonable experts can disagree in good faith on appropriate reforms and there may be multiple motivations behind criticisms rather than solely financial interests.
  • A balanced interpretation is that while Davies aims to expose perceived hypocrisy, the issues involve complex policy trade-offs where knowledgeable people have differing viewpoints.

Overall, the quote reflects Davies’ skepticism of some calls for change. But the best analysis considers this perspective alongside other reasonable positions in the ongoing debate, as the optimal structure of retirement systems involves weighing multiple valid factors and no definitive consensus.

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Money Quotes Daily

Money Quotes Daily