Get QuoteDark Inspirational Quotes App

" Resentment is not morally superior to earning money. "

Related Quotes:

" 'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity. "

" You have got to welcome and embrace complexity. "

" Margin is a customer concept. "

" It is a very bad idea for governments to create arbitrary and unfair outcomes, or outcomes resulting from the passions and whims of the government rather than from the law, just because they have the power to do so. "

" Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system. "

" Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system. "

" I'm rarely optimistic. "

" In government, the forces of risk-aversion and constant conflict serve to stultify and narrow the range of ideas up for debate. "

" The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over. "

" Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear. "

" America is a place where the freedom to be who you are shouldn't be a barrier to your ability to get a job and provide for your family. "

" The bottom line is that the euro is a failed experiment. "

" There is no more reason to believe that Bitcoin will stand the test of time than that governments will protect the value of government-created money, although Bitcoin is newer, and we always look at babies with hope. "

" Stability is not the way of the world. "

" There is no safe haven in today's markets. "

" There's a feeling among some people that the Republican party is harsh on some things. "

" While many of Mr. Obama's ideas warrant skepticism, conservative opposition to any expanded role for government is a mistake. "

" What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts. "

" I know people who are always freeriders and will never get into a fight. "

" Opacity on extreme levels is not addressed anywhere, including Dodd-Frank. "

" A great deal of stupidity has chipped away at the massive advantages of Western civilization, which could terminally decline if it remains on the current path. But these problems can be solved - and swiftly - if the right leaders emerge. "

" So many people, including stark conservatives, have family members and close friends who are gay. "

" Obviously, the institution of marriage in America has utterly collapsed. "

" Check out London, Manhattan, Aspen and East Hampton real estate prices, as well as high-end art prices, to see what the leading edge of hyperinflation could look like. "

" Successful hedge funds will be entrepreneurial; it is the essence of the craft. "

" Capital is kind of a banking concept. "

" Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero risk weighting. "

" The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion. "

" In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent. "

" Imagine how much capital a country like Argentina might attract - if instead of defaulting seriatim and affecting a pose of anger toward creditors, it borrowed responsibly and honored its obligations. "