John D. Rockefeller: Earn Percent of

Meaning of John D. Rockefeller Money Quote: saying Rather Earn Percent of 100 People’s Efforts. John D. Rockefeller said:
 

 

“I would rather earn 1% off 100 people’s efforts than 100% of my own efforts” — John D. Rockefeller

John D. Rockefeller was an American business magnate and philanthropist who founded the Standard Oil Company, which dominated the oil industry and was one of the largest companies in the world in the late 19th and early 20th centuries.

In this quote, Rockefeller is expressing his belief that it is better to earn a small percentage of many people’s efforts rather than all of the profit from just his own work alone. By leveraging other people’s labor and talents through organization and cooperation, one can accomplish much more and build a larger and more profitable business enterprise than through individual effort alone.

This philosophy emphasizes teamwork over individual achievement and highlights Rockefeller’s view of the importance of empowering employees to contribute to massive business success and growth.

Volodymyr Zelenskyy: Security Cost

Meaning of Ukrainian President Volodymyr Zelenskyy Money Quote: saying in a speech to joint session of US Congress, costs of war against Russia should be seen as investing in Global security. Volodymyr Zelenskyy said:
 


 

“Your money is not charity. It is an investment in the global security and democracy ” — Volodymyr Zelenskyy

In this quote, Volodymyr Zelenskyy is making the case for continued international financial support for Ukraine amidst Russia’s invasion. When he says “Your money is not charity. It is an investment in global security and democracy”, Zelenskyy is arguing that aid to Ukraine should not be viewed as mere humanitarian assistance.

Rather, he asserts that supporting Ukraine economically is an investment that safeguards security on a global level by defending democratic values against aggression.

Zelenskyy appears to be appealing to other nations’ strategic interests beyond just goodwill, framing financial contributions as a way to protect international stability and democratic order rather than simply charity. Overall, the quote emphasizes Zelenskyy’s perspective that assisting Ukraine financially has wide-ranging benefits beyond its borders.

William F. Buckley Jr: Inflation Policy

Meaning of William F. Buckley Jr. Money Quote: saying monetary policy solutions to inflation seems to exacerbate financial problems. William F. Buckley Jr. said:
 

 

“The inflation that comes inevitably with government pump-priming soon catches up with the laborer, wipes away any real increase in his wages, discourages private investment, and sets off a new deflationary spiral which can in turn only be counteracted by more coercive and paternalistic government policies” — William F. Buckley Jr.

William F. Buckley Jr. is warning about the negative economic cycle that can result from inflation caused by excessive government spending and intervention in the economy. The quote suggests that when the government artificially boosts demand through “pump-priming” policies like increased spending or lower interest rates, it initially leads to higher wages for laborers.

However, Buckley argues this inflation will eventually “catch up” to wages and erase any real gains as prices rise accordingly. He believes this inflation then discourages private businesses from investing due to uncertainty.

Buckley claims all of this sets in motion a deflationary spiral that can only be addressed through even more intrusive government policies and control over the economy. Overall, the message is that inflation spawned by pump-priming has unintended consequences and leads to a situation requiring ever-increasing government intervention.

Birthday: November 24, 1925 – Death: February 27, 2008

Robert Netzly: Biblically Investing

Robert Netzly Money Quote saying investing with religious values as a priority lead him to create ‘Inspire Investing’ ETF. Robert Netzly said:
 

 

“I believe that biblically responsible investing will be the fastest-growing investment niche over the next decade” — Robert Netzly

In this quote, Robert Netzly is making a prediction about the future of “biblically responsible investing” or BRI. BRI involves selecting investments that are aligned with biblical principles and avoid companies/industries seen as conflicting with Christian values.

Netzly states his belief that BRI “will be the fastest-growing investment niche over the next decade.” He appears to be arguing that as more investors seek to align their portfolios with their faith and ethics, the demand for investment options screened through a biblical lens will significantly increase.

The quote suggests Netzly anticipates BRI will experience stronger growth than other investment approaches as religiously-motivated and conscientious investing rises in popularity over the coming years according to this interpretation.

Stephen Sondheim: Too Expensive

Stephen Sondheim Money Quote saying the cost to invest in theater productions is beyond individuals and requires corporate investment. Stephen Sondheim said:
 

 

“You can’t have personal investors anymore because it’s too expensive, so you have to have corporate investment or a lot of rich people” — Stephen Sondheim

This quote by Stephen Sondheim is referring to financing for theatrical productions on Broadway. He is saying that it is now too costly for individual investors to solely finance a Broadway show, so productions require either corporate sponsorship or funding from multiple wealthy individuals pooling their money together.

The high expenses of Broadway productions have made it challenging for shows to be supported through sole personal investments. Sondheim is observing that the financial model has shifted away from relying on single investors toward corporate backing or collaborations among affluent benefactors.

Birthday: March 22, 1930 – Death: November 26, 2021

James Buchanan: Profit Investment

James M. Buchanan Money Quote saying as 1986 Nobel Prize Winner in Economics that any time something is profitable, there will be those who seek to profit by it and will therefore invest. James Buchanan said:
 

 

“People share a universal behavioural trait: if there are profits to be made, the effort to get that money will attract investment. This is true in the private sector, the market sector, as well as the public sector” — James Buchanan

In this quote, James Buchanan is observing a common trait in human behavior. He notes that whenever there is potential to profit financially, it will attract investment and effort from people seeking those profits.

Buchanan states this incentive holds true not just in private businesses but also in public/government sectors. He appears to be suggesting that the motivation for monetary gain applies universally across sectors.

So in essence, Buchanan is highlighting how the prospect of earning money inspires investment and action in both private markets and public domains according to economic principles of incentives and profit-seeking behavior that he believes are human universals.

Birthday: April 23, 1791 – Death: June 1, 1868

Tenbrunsel & Thomas: Insider Trade

Ann Tenbrunsel and Jordan Thomas Money Quote saying junior investment bankers are willing to commit insider trading if they are sure they won’t be caught. Ann Tenbrunsel and Jordan Thomas said:
 

 

“Nearly one third of [investment banking] employees with less than two decades in the industry say they would likely engage in insider trading to make $10 million if there was no chance of being arrested” — Ann Tenbrunsel and Jordan Thomas

In this quote, Ann Tenbrunsel and Jordan Thomas are sharing the results of a survey they conducted of investment banking employees. They found that nearly one third of those with less than 20 years of experience in the industry said they would likely engage in illegal insider trading if they could make $10 million without risk of legal consequences.

Insider trading involves using non-public information to profit in financial markets. This suggests many junior investment bankers have weak ethical standards when it comes to resisting large financial temptations.

The quote highlights how even in a professional field, greed and lack of integrity could potentially override following the law for some individuals when large sums of money are at stake according to this interpretation.

Michael Jordan: Investment Fun

Michael Jordan Money Quote saying the point of investment is to make a return and having a bit of fun at the same time. Michael Jordan said:
 

 

“In any investment, you expect to have fun and make money” — Michael Jordan

Michael Jordan is saying that when investing your money, you should have two goals – to make a profit (“make money”) and also to enjoy the process (“have fun”). He’s suggesting that investing doesn’t need to be just about maximizing returns, but can also be a personally fulfilling activity.

The “fun” part likely refers to learning new things, following markets and companies, and experiencing the thrill of potential gains. So in summary, Jordan advises balancing financial objectives with finding personal satisfaction when putting resources into the market.