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" I remember, the first time it struck me is I was an econ major at Stanford as an undergrad, and it struck me how few women were econ majors back in the '70s. And then in business school how few women... And even then, I thought, 'Gosh, this is really unfortunate.' "

Ruth Porat

Thought

Women

Time

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" When I started, there were very few women at the managing director level and very few who had families, which is something that was important to me. So it's not like, when I looked up, I could say, 'Well, that's who I want to be.' "

Ruth Porat

Important

Want

" I have not been a believer of point guidance. It really limits your flexibility to do what you want. It leads to behavior that is not supportive of long-term shareholder value. "

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" Businesses perform better when you have diversity of view in your senior leadership positions. This is not just the right thing to do socially; it's the right thing to do for your business. "

" The most important thing is culture. "

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" If you don't have ample liquidity, and it's not durable, in times of stress, as you're looking for liquidity, you're forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There's no question that liquidity is sacrosanct. "

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" Since 1987, there are now many more of us as at the higher levels with families, so I think, as role models, we are encouraging more women to stay within banking and rise up through the ranks. "

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" Solving problems for users at scale ultimately results in monetization opportunities. "

" I think what Sheryl Sandberg said about the importance of 'leaning in' is very true, but it's not sufficient. "

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" The wealth disparity between the lowest and the highest continues to expand, and that's inappropriate. "

" The cloud is one of the most extraordinary opportunities of our lifetime. If we're not investing now, we'll rue the day we didn't. "

" If you're just focused on work, my view is that you'll never get enough back from any organization, no matter how fantastic the role is, and you have to have a full life so that you really get enriched in a lot of different ways, and that can be family and kids. It can be, for others, sports. "

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Ruth Porat

Culture

Important

" When I started, there very few women at the managing director level and very few who had families, which is something that was important to me. So it's not like when I looked up I could say, 'Well, that's who I want to be.' "

Ruth Porat

Say

Want

" Liquidity is oxygen for a financial system. "

" You can't cost-cut your way to greatness. "

" If the door is nailed shut, and you're 'Leaning In,' you're just going to get bruised and battered. "

" Incrementalism in technology leads to irrelevance; what you need is revolutionary change. "

" Growing up in Silicon Valley, during my time at Morgan Stanley and as a member of Stanford's Board, I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "

" Women are still not reaching the most senior levels of corporations. This is not the shortcoming of women. We're talented and smart. "

" If you continue to plow ahead in something that is OK, you will miss the opportunity to do something that is great. "

" There are no good options in the midst of a crisis. "