Home / Quotes / Quote by James Carville

Quote by James Carville

“Sometimes the right thing gets done for the wrong reason and sometimes, unfortunately, the wrong thing gets done for the right reason.”

Quote by James Carville

Author

James Carville is a distinguished American political commentator and strategist, born on October 25, 1944. Over a career spanning four decades, Carville has made significant contributions to politics and media. He has worked closely with influential political figures and has been a pivotal figure in shaping political discourse. more

You May Also Like

“You know there's nothing a Hill Democrat would rather do than criticize another Democrat. It is their favorite activity. Then they can read about how honorable they are in an Op-Ed piece, how bipartisan.”

Knows Pieces Activity Democrat Hills Criticize Honorable Bipartisan

Author:James Carville

“It's very difficult in the technology space when you have been leapfrogged to prosper again.”

Has Beens Difficult Space Technology

Author:James Chanos

“And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.”

Ifs Doe Interest Share Responsible Sells Selling Things To Do Exposure Fiduciary

Author:James Chanos

“Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly.”

Ifs Done Evil Instruments Financial Derivatives

Author:James Chanos

“Dubai was a property bubble. Plain and simple. Go to Dubai and see what happened. It was... what I call it the 'Edifice complex' - it's just, we can grow by putting up lots and lots of buildings and trying to attract people to come here, stay here, and put up offices here and sooner or later, you put up too many.”

People Trying Grows Simple Happened Building Office Property Complexes Bubbles Sooner Or Later Edifice Plain And Simple Dubai

Author:James Chanos

“Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last.”

Kind Eye Lasts Lines Economy Growing Healthcare Cents Versus Pencils Sharp Pencils

Author:James Chanos

“I'll always understand the Schadenfreude aspect to short-selling. I get that no one will always like it. I'm also convinced to the deepest part of my bones that short-selling plays the role of real-time financial watchdog. It's one of the few checks and balances in the market.”

Real Play Roles Balance Aspect Financial Bones Convinced Checks Selling Schadenfreude

Author:James Chanos

“If you're a short-seller, that's a cacophony of negative reinforcement. You're basically told that you're wrong in every way imaginable every day. It takes a certain type of individual to drown that noise and negative reinforcement out and to remind oneself that their work is accurate and what they're hearing is not.”

Ifs Way Certain Individual Type Negative Oneself Hearing Noise Accurate Sellers Reinforcement Cacophony

Author:James Chanos

“In China, remember, the the banks are arms of state policy. They loan because the local party official or regional party official tells them we need a new stadium. They are instruments of state policy.”

Needs States Remember Party Policy Arms Instruments China Locals Officials Loan Stadiums

Author:James Chanos

“Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.”

Real Projects Percent Raises Rate China Estates Loan Financing Hong Kong Developers Bond Market

Author:James Chanos