You only need to make one big score in finance to be a hero forever.
We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged. . . and as long as there is debt, there can be failure and contagion.
Public officials are permitted to finance or subsidize their own activities through taxes. That is, they are permitted to engage in and live off, what in private dealings between private law subjects is prohibited and considered 'theft' and 'stolen loot. '
American capitalism has helped finance the communist take over of the world. Somebody is going to answer to God for this.
Now, a 45-degree angle is not something we deal with in finance. It's something you see in a high school geometry class. Performance like that has never been recorded in human history.
We're richer, but that wealth doesn't reflect durable, authentic economic value - which is hitting fast diminishing returns. The growth that we're pursuing is neither sustainable - nor is it, in many ways, real growth at all. Boardrooms from finance to autos to energy to pharma to fashion have learned that the hard way.
Now both my films have been number one at the Australian box office and it took about two years just to get the finance for this film, so if it's hard for me then God help everyone else.
So in everything: power lies with those who control finance, not with those who know the matter upon which the money is to be spent. Thus, the holders of power are, in general, ignorant and malevolent, and the less they exercise their power the better.
Imperceptibly, the developed world's manufacturing base was gradually eroding and being replaced by securitized finance that destroyed itself and nearly its economies in 2008.
Short-term can be terminal.
I don't really consider myself to be a personal finance expert compared with some others. There are quite a few that know a lot more than I do.
I want to end tax dumping. States that have a common currency should not be engaged in tax competition. We need a minimum tax rate and a European finance minister, who would be responsible for closing the tax loopholes and getting rid of the tax havens inside and outside the EU. It is also clear that we have to reach common standards in our economic and labor policies. We cannot continue to just talk about technical details. We have to inspire enthusiasm in Germany for Europe.
The studios don't finance anymore, they get outside funds.
The Pope appeals for disinterested solidarity and for a return to person-centred ethics in the world of finance and economics.
The best scheme of finance is, to spend as little as possible; and the best tax is always the lightest.
Good things that cannot be calculated or quantified are set in motion in your life and in your finances when you give.
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage. . . It's a terrific deal.
In constant pursuit of money to finance campaigns, the political system is simply unable to function. Its deliberative powers are paralyzed.
The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.