Finance Quotes
“As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.”
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”
-- Alan Greenspan
“I don't plan on going back to legal work. I wanted an international career, and finance seemed to be where some interesting career opportunities were.”
-- Nick Johnson
“Unfortunately, money in politics is an insidious thing - and a loophole in our campaign finance system was taken advantage of with money going to existing or new 527 groups with the sole purpose of influencing the election.”
-- Olympia Snowe
“There were a lot of people dreaming about making films, and they would finance maybe 6 films a year. Because they were funded by the government, the films sort-of had to deal with serious social issues - and, as a result, nobody went to see those films.”
-- Renny Harlin
“I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.”
-- James Chanos