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Quote by Sallie Krawcheck

“We don't recognize the power of compounding.”

Quote by Sallie Krawcheck

Author

Sallie Krawcheck

Sallie Krawcheck is an accomplished female manager born in 1965. She has extensive experience in the financial industry and has held senior positions in several well-known financial institutions. Krawcheck is known for her leadership in investment banking, wealth management, and the promotion of financial equality for women. more

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“I want to buy a house. I want to retire well. I want to have baby.”

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“When you speak to a man or a woman about money, they will use water visualizations. For men, it typically is a river. Money comes in; money goes out. The level rises; the level sinks. For women, when you talk about money, to her... it's a pond. It's a set amount. She husbands it, and it typically goes in one direction... which is down.”

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“I think that indicates why men tend to invest more wealth. If he loses some, there's more coming in. Whereas for women, it's like "Ugh, I gotta keep this."”

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“Women tend to very much, very much think of money as a means to an end, not as an end in itself.”

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“The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.”

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“A computer can have so much more in its brain that a human can.”

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“Technology is going to play an increasingly, increasingly, increasingly important role in every industry. And it's good.”

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“What I also discovered was that, during the War, the whole of Europe had become a fortress. And thus I saw to what extent an immense territory, a whole continent, had effectively been reorganized into one city, and just like the cities of old. From that moment on, I became more interested in urban matters, in logistics, in the organisation of transport, in maintenance and supplies.”

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“France and Germany were opposed to a maritime blockade of the Adriatic Sea without a mandate from the United Nations (UN). So, what we witnessed in Kosovo was an extraordinary war, a war waged solely with bombs from the air.”

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“What happened in Kosovo was the exact reversal of what happened in 'Fortress Europe' in 1943-45. Let me explain. Air Marshall 'Bomber' Harris used to say that 'Fortress Europe' was a fortress without a roof, since the Allies had air supremacy. Now, if we look at the Kosovo War, what do we see? We see a fortress without walls but with a roof! Isn't that disappearance extraordinary?!”

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