James Davidson: Cybercurrency

Meaning of James Dale Davidson Money Quote: saying Predictions being made about financial transactions happening online in cyberspace, rather than traditional institutions. James Dale Davidson said:
 

 

“Not only will transactions occur over the Net, but they will migrate outside the jurisdiction of nation-states. Payment will be rendered in cybercurrency. Profits will be booked in cyberbanks. Investments will be made in cyberbrokerages” — James Dale Davidson

In this quote, James Dale Davidson is making predictions about the future of commerce and finance moving increasingly online beyond the control of national governments. Some key points:

• When he says “transactions will occur over the Net”, Davidson is anticipating more business being conducted digitally through online networks rather than in-person.
• By stating transactions will “migrate outside the jurisdiction of nation-states”, he suggests cross-border e-commerce could erode the regulatory power of individual countries.
• Davidson forecasts that “payment will be rendered in cybercurrency”, implying the rise of digital/cryptocurrencies for online financial exchange.
• His view that “profits will be booked in cyberbanks” and “investments will be made in cyberbrokerages” points to the emergence of internet-based banking and investment firms.

Overall, the quote conveys Davidson’s perspective in the 1990s that commerce and finance were poised to increasingly move online and globally through digital platforms, disrupting traditional structures and opening opportunities beyond any single national authority’s control or oversight.

Jim Carrey: Invest Conservatively

Jim Carrey Money Quote saying that having been careful with money and conservative with investments to protect from losing it. Jim Carrey said:
 

 

“I haven’t been as wild with my money as somebody like me might have been. I’ve been very safe, very conservative with investments. I don’t blow money. I don’t have a ton of houses. I know things can go away. I’ve already had that experience” — Jim Carrey

Jim Carrey seems to be saying that despite his wealth and fame as a Hollywood star, he has not been reckless or extravagant with his money. Unlike some celebrities who spend lavishly on multiple homes, luxury items, and indulgences, he has taken a more cautious and prudent approach to managing his finances through safe, conservative investments.

He acknowledges that success and wealth can disappear quickly in his industry, as he has personally experienced before, so he does not take his money for granted or “blow” it frivolously.

The quote suggests Carrey understands the unpredictable nature of show business and wants to protect himself financially by not living too far beyond his means or current level of success.

Prince Philip: Moon Wasting Money

Prince Philip Money Quote saying as the Duke of Edinburg on the U.S. Apollo program being a waste of money because there’s little return on the investment. Prince Philip said:
 

 

“It seems to me that it’s the best way of wasting money that I know of. I don’t think investments on the moon pay a very high dividend” — Prince Philip

In this quote, Prince Philip seems to be criticizing investments and spending related to space exploration, particularly on the moon. He suggests that such investments do not generate a good return (“pay a very high dividend”) compared to the large amounts of money spent.

In other words, his view is that exploring the moon is an expensive way to “waste money” since it does not lead to profitable outcomes or a good return on the investment.

Birthday: June 10, 1921 – April 9, 2021

Elayne Boosler: High Risk Investments

Funny Money Quotes: gambling on risky investments can later mean bitter complaints unless you measure what you can afford and choose wisely. Elayne Boosler said:
 

 

“I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble” — Elayne Boosler

In this quote, Elayne Boosler is acknowledging that she voluntarily took financial risks in the past by investing money in speculative opportunities, with an understanding that she could lose some or all of those funds.

The key aspects are that the investments were her “informed choice” based on her own research and risk tolerance, and she viewed it as her prerogative to take a “measured gamble” that might not pay off. By saying she has “no complaints” about losses from such investments, Boosler suggests that when risks are knowingly taken, one has to accept the potential outcomes without resentment.

The overall message seems to be about taking responsibility for one’s own investment decisions and not faulting the system if high-risk bets don’t yield high rewards.

Donald Trump: Don’t Love Investments

Donald Trump Money Quote saying investment risk should be measured by willingness to lose the amount you invest, so hold on to what you love and can’t afford to say goodby to. Donald Trump said:
 

 

“How much money can you stand to lose? That’s how much risk you should assume. If you can’t afford to lose it, play it safe. Never fall in love with your investments. Do that and you’re in big trouble. To be a visionary and to be a billionaire, you have to chase impossibilities. Few ever get rich easily” — Donald Trump

In this quote, Donald Trump provides some advice about taking risks with investments. Some key points in interpreting his perspective:

• He suggests the level of risk one takes on should correlate to how much financial loss they can withstand, implying greater risk is acceptable for the wealthy.
• Trump warns against becoming too emotionally attached to specific investments, as that could cloud objective decision-making.
• He portrays pursuing “impossibilities” and not taking the easy path as traits of visionaries and billionaires like himself.

However, a balanced interpretation would note that risk tolerance varies significantly between individuals, and past successes are no guarantee of future returns. While ambition and calculated risk-taking can lead to rewards, overconfidence in long-shot bets could also result in loss.

A variety of factors beyond risk appetite determine both investment outcomes and business success over the long run. Overall, the quote reflects Trump’s outlook but a balanced view considers multiple reasonable perspectives on complex financial issues.

Sheri Dillon: Government Diversified Portfolio

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

This quote from Sheri Dillon seems to be explaining the structure and assets of the trust that Donald Trump established to hold his business assets during his presidency. A few key points:

1. Trump had already disposed of all his publicly traded stock investments and easily liquidated holdings prior to taking office, suggesting an effort to reduce conflicts of interest.
2. The trust will contain two types of assets – liquid assets like cash, treasuries and some diversified low-risk investments approved by the Office of Government Ethics.
3. This is intended to remove Trump’s control and involvement in his original business holdings while president, while still providing a return on those assets through the trust structure.

Overall, Dillon appears to be outlining how the trust was set up to manage Trump’s business interests in a way aimed at reducing perceived conflicts and adhering to ethics guidelines, while still generating returns from his original investments.

Bernie Sanders: More Investment in Needs

Bernie Sanders Money Quote saying we have resources to invest in our societal needs first. Bernie Sanders said:
 

 

“We are rich enough to increase our investments in skills, infrastructure, and technological know-how to meet our needs and to protect the planet” — Bernie Sanders

In this quote, Bernie Sanders is arguing that the United States currently has sufficient wealth and resources to make strategic investments that can both “meet our needs” and help “protect the planet”.

When he refers to meeting needs, Sanders likely means investments that can help address issues like education, healthcare, childcare, housing and other social programs to support citizens. By “protect the planet”, he’s referring to investments in green infrastructure, renewable energy technology and climate solutions.

Sanders’ view is that if the country and its wealthy citizens are willing to contribute more, there is enough money available to make progress on both social priorities and environmental sustainability goals through increased public investments.

He sees the current level of wealth in society as providing an opportunity to tackle both domestic and global challenges with adequate funding commitments.

Tim Ryan: Can’t Fill a Pothole with Tax Cut

Tim Ryan Money Quotation saying republicans in congress are insisting on tax cuts to balance the federal budget, ignoring revenue side of equation. Tim Ryan said:

“Maybe we do need to trim some spending, but we also need revenue. Again, you can’t fill a pothole with a tax cut. You can’t put in special operations forces with a tax cut. You can’t build a missile defense system with a tax cut. You need to make these investments” — Tim Ryan

In this quote, Congressman Tim Ryan is arguing against an exclusive focus on spending cuts to address budgetary issues. While acknowledging “some” trimming may be necessary, Ryan also believes new “revenue” or tax receipts are required to fund important public investments and services.

His view seems to be that reducing taxes alone cannot fulfill core government functions like infrastructure maintenance, national security programs, and more. Ryan implies that both spending discipline and adequate taxation are needed for the government to meet its obligations.

The quote conveys Ryan’s perspective that a balanced approach considering both outlays and incomes is most prudent for fiscal responsibility rather than an imbalanced emphasis only on one side of the ledger over the other.