Celso Cukierkorn: Save Give Invest

Meaning of Celso Cukierkorn Money Quote: saying what can be done with money are to grow it through investing, give it to the needy or save it – also squander. Celso Cukierkorn said:

 

 

“There are just three things that you can do with Money: save, give, or invest. Somehow in here in America, with all our creativity, we have invented a fourth use for money: we can squander it” — Celso Cukierkorn

This quote from Celso Cukierkorn suggests that prudent uses of money involve saving, donating, or strategically investing it, but that some people instead frivolously waste or “squander” their funds on non-essential consumption. Some key points in interpreting his perspective:

• Cukierkorn implies that responsibly managing finances means putting money toward savings, charity, or ventures with potential for return on investment over time.
• He portrays “squandering” funds as an unwise fourth option that Americans in particular tend toward through excessive or impulsive spending on non-necessities.
• However, reasonable experts acknowledge that some discretionary expenses can enrich lives if balanced with financial discipline as part of a holistic strategy including emergency savings.
• A balanced interpretation is that while Cukierkorn aims to promote thrift, prudent personal finance requires moderation – neither excessive frugality nor profligacy optimize well-being for all individuals and families according to their changing needs, abilities, and philosophies over their lifetime.

Overall, the quote conveys Cukierkorn’s perspective that responsible uses of money center on saving, giving and investing. But the best interpretation considers this viewpoint alongside others, recognizing that people can build prosperity through a diversity of balanced approaches according to personal temperament, culture and life stage. Multiple perspectives have merit in ongoing discussions of financial management.

Benjamin Graham: Brokers Invested

Meaning of Benjamin Graham Money Quote: saying brokers make more money when one speculates, while those who invest earn the money for themselves. Benjamin Graham said:
 

 

“People who invest make money for themselves; people who speculate make money for their brokers” — Benjamin Graham

In this quote, Benjamin Graham is drawing a distinction between “investing” and “speculating”. He suggests that when people “invest”, they are making money for themselves by choosing securities that are undervalued and have long-term potential.

However, when people “speculate”, they are often chasing short-term gains and betting on price movements in the market. According to Graham, speculative behaviors tend to make money “for their brokers” through increased trading activity and commissions rather than benefiting the individual investor themselves.

In essence, Graham is advocating for value-based investing focused on company fundamentals rather than speculative behaviors geared towards unpredictable price fluctuations, which he implies often end up benefiting brokers more through higher fees rather than the investor.

Birthday: May 9, 1894 – Death: September 21, 1976

Anthony Bourdain: Invest in Cheese

Meaning of Anthony Bourdain Money Quote: saying not just anyone can put their investment of time and money into cheese. Anthony Bourdain said:

 

 

“You have to be a romantic to invest yourself, your money, and your time in cheese” — Anthony Bourdain

This quote from Anthony Bourdain suggests that making cheese requires passion, commitment and a willingness to fully invest oneself in the craft. Some key points in interpreting his perspective:

• Bourdain implies that cheesemaking is not a casual hobby but demands full dedication of one’s resources like time, money and personal dedication to perfect the art.
• He portrays it as a pursuit that requires a romantic or passionate temperament to see it through the lengthy aging process from start to finish.
• Bourdain conveys that half-hearted or detached dabbling will not result in quality cheese, only complete immersion and commitment to the process can.
• His perspective reflects the viewpoint that cheese demands artisanal devotion on par with other culinary or agricultural endeavors where excellence stems from total creative investment.

Overall, the quote captures Bourdain’s belief that cheese demands a romantic or passionate nature willing to fully apply oneself mentally, physically and financially to the craft. A balanced interpretation acknowledges both his perspective and the reality that reasonable people can disagree on what defines romance or commitment, as priorities and what optimizes fulfillment are understood differently according to personal philosophy and changing needs over the lifespan.

Birthday: June 25, 1956 – Death: June 8, 2018

Dave Ramsey: Money to Invest

Meaning of Dave Ramsey Money Quote: saying peaceful finances is not about acquiring more, but keeping more to invest. Dave Ramsey said:
 

 

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this” — Dave Ramsey

The best interpretation of this Dave Ramsey quote is that he believes true financial security and stability, which he calls “financial peace”, does not come from accumulating possessions or living paycheck to paycheck.

By saying it involves learning to live on less than you make so you can give (to others through charity) and invest, Ramsey suggests that financial peace is found through developing habits of spending less than you earn in order to save and put money to productive future uses.

His statement that “you can’t win” until you reach this point of living below your means implies financial peace first requires gaining control over expenses and changing one’s spending behavior and mindset. Overall, Ramsey appears to be promoting the philosophy that financial success is based on saving habits, not spending or consumption.

Michael Bloomberg: Money in Hand

Michael Bloomberg Money Quote saying If people have money, they’ll put that money into the economy to save, invest and banks will loan it out. Michael Bloomberg said:
 

 

“And I think the more money you put in people’s hands, the more they will spend. And if they don’t spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that” — Michael Bloomberg

In this quote, Michael Bloomberg is arguing that putting more money in people’s hands through various economic policies will help stimulate broader economic activity and job creation.

He notes that if people have more money, they will either spend it, which increases consumer demand for goods and services and helps businesses grow and hire more employees.

Or they will invest it, such as by putting it into mutual funds or savings accounts, and this capital can then be used by those institutions to make loans to other individuals and companies, again fostering more economic activity and job creation.

By saying “we need to do that”, Bloomberg appears to be advocating for policies that aim to put more disposable income in the hands of consumers and investors as a way to strengthen the overall economy and labor market.

Joe Lieberman: Invest in Innovation

Joe Lieberman Money Quote saying that investment in new innovative tech and new biotech is the way to create jobs and strengthen the economy. Joe Lieberman said:
 

 

“The way we’re really going to grow the economy is to invest in people, to invest in innovation, to have the federal government put money in the kind of research that will create the new high-technology, bio-technology industries that will create the millions of new jobs” — Joe Lieberman

In this quote, former U.S. Senator Joe Lieberman is outlining his view of an effective economic growth strategy. He suggests that rather than relying solely on private sector forces, the government should play an active role in fueling innovation and new industries by “investing in people” through education and workforce development programs.

Lieberman also advocates increased funding for research in areas like high tech and bio tech that have the potential to spawn whole new sectors and “millions of new jobs.”

Overall, the quote portrays Lieberman endorsing a model of public and private cooperation to strategically develop emerging fields and capabilities that can power robust, widespread employment and shared prosperity over the long run.

Birthday: February 24, 1942 – Death: March 27, 2024

Richard Branson: Invest Ventures

Richard Branson Money Quote saying it’s better to put money to work than to have it sitting uselessly around doing nothing. Richard Branson said:
 

 

“My philosophy is that if I have any money I invest it in new ventures and not have it sitting around” — Richard Branson

In this quote, Richard Branson is expressing his philosophy about how he handles his finances as an entrepreneur. By saying “if I have any money I invest it in new ventures”, he is conveying that rather than keeping profits in savings or other low-risk assets, he prefers to put his capital back into starting new business initiatives and projects.

Branson sees this as a better use of his funds rather than just “having it sitting around” without being productive. His view suggests that entrepreneurs should continually seek out innovative opportunities to reinvest in and grow, rather than sitting on earnings. It reflects his appetite for risk-taking and his belief in fueling ongoing innovation through continual business development and new venture creation.

Sheryl Sandberg: Invest Employees

Sheryl Sandberg Money Quote saying that investing in employees the needs of workers has a payback in loyalty from those workers. Sheryl Sandberg said:
 

 

“I think we’re shortsighted when we don’t invest in our employees as companies, and as an economy, because we invest in them and they invest back in us” — Sheryl Sandberg

In this quote, Sheryl Sandberg is arguing that companies and economies are short-sighted when they fail to adequately invest in developing and supporting their employees. She suggests that by providing training, fair pay, benefits and opportunities for career growth to workers, it benefits both the individual employees as well as the companies/economy.

When workers’ skills are strengthened and their financial security/well-being addressed through such investments, they will be happier, healthier and more productive. This return on investment then flows back to benefit the companies/economy through higher morale, retention, innovation and overall economic activity from consumers who are also workers.

So Sandberg views supporting employees as a mutually beneficial strategy where both sides reap rewards, not just an expense. The quote conveys her perspective that a wise long-term approach recognizes employees as assets worthy of development for a sustainable win-win relationship.