“The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.” IfsWorldUnderstandingCommunityMoneyPayAttentionBrainSeriousScientistInvestmentFinancialWaveAcademia Author:Daniel Kahneman
“The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.” CountryWholeFactsHelpingSeemsGovernmentFallInterestPoorAttentionStreetsWallAmountBedTenPercentEconomicsPaidRaisesStructureMereFinancialIceNightmareFarmersReservesLoanSkatingFederal ReserveSkating On Thin Ice Author:Will Rogers
“The bourgeois thinkers of the eighteenth century thus turned Aristotle's formula on its head: satisfactions which the Greek philosopher had identified with leisure were now transposed to the sphere of work, while tasks lacking in any financial reward were drained of all significance and left to the haphazard attentions of decadent dilettantes. It now seemed as impossible that one could be happy and unproductive as it had once seemed unlikely that one could work and be human.” HumansLeftAttentionImpossibleCenturyTasksRewardsFinancialPhilosopherSatisfactionGreekSignificanceFormulasThinkerSpheresLeisureLackingUnlikelyBourgeoisDrainedGreek PhilosopherUnproductiveHaphazardDilettantes Author:Alain de Botton
“there is a tendency in part of Wall Street people to pay excessive attention to the most recent figures and the present financial picture.” PeoplePayAttentionStreetsFiguresWallFinancialTendencies Author:Benjamin Graham
“Women need to turn their attention from saving their spouse, their mothers, their this, their that, their kids, to putting that financial oxygen mask on their face first. When they're solid, they can pick up the whole world.” WorldNeedsFirstsWholeKidsFacesMotherTurnsAttentionPicksFinancialWhole WorldSavingMaskSpouseOxygen Author:Suze Orman
“In the current situation, particular attention should be given to the quality of financial and economic management. The Government and the Central Bank should have a strategic action plan” ShouldGovernmentActionGivenAttentionQualitySituationPlansEconomicParticularShould HaveManagementFinancialCurrentsStrategicCentral BanksCurrent Situation Author:Tatyana Golikova
“Broke up created a crisis...in every circumstance because a family gets blown apart. We all know what that does to a child. We all know what that does to a woman's identity. But, at the same time, it caused me to start to reevaluate all those things weren't able to stay intact - all the people's attention, all the success, the financial security. It didn't have any value.” PeopleKnowsChildrenDoeAbleValuesAttentionSecurityIdentityCircumstancesCrisisFinancialBrokeBroke UpFinancial Security Author:Patricia Mauceri
“Investors should pay attention not only to whether but also to why current holdings are undervalued. It is critical to know why you have made an investment and to sell when the reason for owning it no longer applies. Look for investments with catalysts that may assist directly in the realization of underlying value. Give reference to companies having good managements with a personal financial stake in the business. Finally, diversify your holdings and hedge when it is financially attractive to do so.” KnowsGivingShouldLooksMayMadeReasonValuesPayAttentionCompanyManagementSellsInvestmentFinancialCurrentsCriticalRealizationPay AttentionAttractiveGood ManInvestorsStakesCatalystUndervaluedOwning It Author:Seth Klarman
“Since those don’t hit financial reports, the opportunities you had but didn’t accept, most people don’t bother thinking about them very much. At least that is a mistake we don’t make. We rub our own noses in our mistakes in blowing opportunities, as we just did.” PeoplePayAttentionMistakeFinancialStatementsPay AttentionNosesOmissionFinancial Statements Author:Charlie Munger