Posts Tagged ‘fund’
Next Page »Michael Lee-Chin: Fund Managers
on Tuesday, August 23, 2022Meaning of Michael Lee-Chin Money Quote: saying that fund mangers need to risk more to increase the wealth of clients than be average. Michael Lee-Chin said:
“I’m making a case against how money managers are handling customers’ money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that’s not the way wealth is created” — Michael Lee-Chin
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Willard Scott: Retirement Fund
on Saturday, September 4, 2021Willard Scott Money Quote saying a quality marriage can be compared to a good investment in that it appreciates over time to peak in golden years. Willard Scott said:
“A good marriage is like an incredible retirement fund. You put everything you have into it during your productive life, and over the years it turns from silver to gold to platinum” — Willard Scott
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Suze Orman: Paying Down Debt
on Thursday, July 22, 2021Suze Orman Money Quote saying it’s best to establish a rainy day fund than to pay down credit cards. Suze Orman said:
“I want to repeat advice I have been giving ever since the pandemic began: I would prefer you put your emergency fund ahead of paying down credit card debt. You must, must, must pay at least the minimum due on every credit card bill” — Suze Orman
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Bill Gates: Early Money Fund
on Tuesday, April 28, 2020Bill Gates Money Quote saying even though investing early money in multiple competing coronavirus vaccines before knowing which will succeed risks wasting, it’s worth it to avoid wasting time. Bill Gates said:
“Our early money can accelerate things. Even though we’ll end up picking at most two of them, we’re going to fund factories for all seven, just so that we don’t waste time in serially saying which vaccine works and then building the factory” — Bill Gates
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In this quote, Bill Gates is talking about funding to develop coronavirus vaccines. He explains that although ultimately they will likely only need two successful vaccines, by funding factories for all seven vaccine candidates simultaneously they can accelerate the process.
This is because rather than waiting serially to test each vaccine and then build a factory if it’s successful, building the factories for all candidates in parallel will save time. So in summary, Gates is saying that providing early funding for multiple vaccine development efforts, even those that may ultimately fail, can help speed up the overall process of finding safe and effective vaccines.
To Get a Money Where My Mouth Is Mask, Click the Image
Kamala Harris: I’m Not a Billionaire
on Tuesday, December 3, 2019Kamala Harris Money Quote saying that fundraising barriers have led to the suspension of the presidential campaign today. Kamala Harris said:
“I’m not a billionaire. I can’t fund my own campaign. And as the campaign has gone on, it’s become harder and harder to raise the money we need to compete” — Kamala Harris
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Bill Browder: Investment Fund Justice
on Saturday, September 9, 2017Bill Browder Money Quote saying working to bring about justice with Putin sanctions in Russia via the Magnitsky Act is more satisfying than working as an investment fund manager. Bill Browder said:
“I enjoyed my life as an investment fund manager but it does not resonate with your soul in the way campaigning for justice does. It is infinitely more satisfying fighting for justice than money” — Bill Browder
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#WorldDayForInternationalJustice July 17
John Bogle: Get a Life Outside Finance
on Tuesday, February 28, 2017John Bogle Money Quote saying investments shouldn’t be actively managed, but rather should be long term. John Bogle said:
“Own an index fund, get a life outside of finance, and relax” — John Bogle
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Birthday May 8, 1929 – Died January 16, 2019
Aaron Swartz: Think Lunatics With Money
on Thursday, October 6, 2016Aaron Swartz Money Quote saying nutty political positions can easily be studied by think tanks dedicated to their wealthy funders ideas. Aaron Swartz said:
“Nonprofits are small enough and rich people are wealthy enough that it only takes a handful of lunatics with money to fund a whole forest of think tanks” — Aaron Swartz
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