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" We have limited time, and we have to maximize it. "
Stephen A. Schwarzman
Time
Limited
Limited Time
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" Live life intensely - I've always believed in that. "
Stephen A. Schwarzman
Live
Always
Believed
" We need sobriety, rationality, and civility in the discussions on the regulation of financial institutions so that the banks can return in a robust manner to their central role in funding the economy. "
Stephen A. Schwarzman
Sobriety
Civility
Need
" As you have more resources in life, it's your obligation to deploy those for the benefit of others. "
Stephen A. Schwarzman
More
Your
Others
" Public service is a core value for people of my generation. "
Stephen A. Schwarzman
Service
People
Value
" I love picking people. I started Blackstone, and we had no people, and now we have with our portfolio companies about 750,000 people all over the world. Everybody who is at a senior level has ultimately been picked by me. "
Stephen A. Schwarzman
Love
World
Me
" The Schwarzman Scholars is a program that was designed with Tsinghua University. They asked me to do something in honor of their 100th anniversary. "
Stephen A. Schwarzman
University
Anniversary
Honor
" Sometimes, success in life is knowing one's limitations. "
Stephen A. Schwarzman
Sometimes
Success
Life
" I've learned that all investments have risk. "
Stephen A. Schwarzman
Investments
Risk
Learned
" I'm concerned with China growing at double or triple the rate of the West, that there will be tensions. One needs to do something to start addressing misunderstandings and frustration. "
Stephen A. Schwarzman
Growing
Frustration
Double
" Every day should be a good day. People fool themselves that they'll be here forever. "
Stephen A. Schwarzman
Good Day
Day
Fool
" I like being in warm weather. I find that relaxes me. I like being near water. I like sitting on a beach and sort of hearing the water, watching waves break, looking at the shimmering. I find that really relaxing. "
Stephen A. Schwarzman
Find
Water
Weather
" Most youth are lacking critical life skills that make them employable and, most importantly, able to keep a job - things like teamwork, decision-making, and time management. "
Stephen A. Schwarzman
Life
Youth
Time
" I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments. "
Stephen A. Schwarzman
Finance
Saying
People
" I love things that cost nothing that have great results. "
Stephen A. Schwarzman
Great
Love
Nothing
" I always felt uncomfortable with real estate because buildings don't move, and neighborhoods change. "
Stephen A. Schwarzman
Change
Real Estate
Buildings
" Ironically, when a bunch of very smart people are sitting around a table for hours trying to figure out whether they should do something, that tends to not necessarily lead to the best results. "
Stephen A. Schwarzman
People
Smart
Results
" My biggest job really is to figure other people out. I need to understand what makes a person tick. "
Stephen A. Schwarzman
Need
Understand
People
" China is an indomitable force, and they have a commitment for excellence. "
Stephen A. Schwarzman
Excellence
Commitment
China
" Inaccurate analysis produces faulty insights and bad decisions - which lead to losing a tremendous amount of money. "
Stephen A. Schwarzman
Lead
Bad
Decisions
" Business is usually a team sport. There isn't one great person sitting there directing things. You can't run an effective business like that. "
Stephen A. Schwarzman
Team
Run
Business
" You can't grow unless your banking system is expanding and you are extending credit. "
Stephen A. Schwarzman
Banking
You
Credit
" The library helps lower- and middle-income people - immigrants - get their shot at the American dream. "
Stephen A. Schwarzman
People
American
American Dream
" Next to my mom, I'm actually a shrinking violet. "
Stephen A. Schwarzman
Violet
Mom
Actually
" For future geopolitical stability and global prosperity, we need to build a culture of greater trust and understanding between China, America and the rest of the world. "
Stephen A. Schwarzman
Trust
Future
World