Best Balance Sheets Quotes | Short & Famous Sayings

“There are lots of ways to measure a company's success. You can look at earnings reports and get really specific with the numbers. You can look at social capital and the influence the company has on people. You can look at the balance sheet and the value of its assets. You can look at its legal framework, it's brand, it's staff. The key to valuing a company is to look at the company holistically.”

Author:Thomas Friedman

“Some day, on the corporate balance sheet, there will be an entry which reads, "Information"; for in most cases, the information is more valuable than the hardware which processes it.”

Process Cases Information Balance Valuable Corporate Sheets Entry Hardware Balance Sheets

Author:Grace Hopper

“Bourgeois society is infected by monomania: the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well on paper, such as national budgets or industrial balance sheets.”

Humans Wells Looks Values Sacrifice Figures Balance Paper Budgets Human Life Sheets Bourgeois Accounting Balance Sheets

Author:Simone Weil

“A bankruptcy judge can fix your balance sheet, but he cannot fix your company.”

Company Judging Balance Sheets Bankruptcy Balance Sheets

Author:Gordon Bethune

“In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.”

Source: The Intelligent Investor: A Book of Practical Counsel

“Unfortunately our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very-very strong balance sheet with huge value drivers at the end of it.”

Needs Wells Looks Ends Values Strong Company Huge Balance Understood Focused Compare Drivers Very Strong Sheets Generic Balance Sheets

Author:Kiran Mazumdar-Shaw

“Evidently stockholders have forgotten more than to look at balance sheets. They have forgotten also that they are owners of a business and not merely owners of a quotation on the stock ticker. It is time, and high time, that the millions of American shareholders turned their eyes from the daily market reports long enough to give some attention to the enterprises themselves of which they are the proprietors, and which exist for their benefit and at their pleasure.”

Giving Looks Long Enough Eye Pleasure Attention Millions Balance Benefits Forgotten Enterprise Reports Owners Quotations Sheets Shareholders Balance Sheets

Author:Benjamin Graham

“All a company report and balance sheet can tell you is the past and the present. They cannot tell future.”

Past Company Balance Future Reports Sheets Past Present Future Speculators Balance Sheets

Book:How I Made $2 Million in the Stock Market: The Darvas system for stock market profits

Source: How I Made $2 Million in the Stock Market: The Darvas system for stock market profits

“We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care.”

“Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.”

Purpose Balance Investors Deceiving Sheets Bankers Accounting Derivatives Opaque Pricing Balance Sheets

Book:The Death of Money: The Coming Collapse of the International Monetary System

Source: The Death of Money: The Coming Collapse of the International Monetary System

“If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here.”

Ifs Looks Interest Pay Return Amount Balance Higher Equal Accounts Rate Debt Income Assets Earning Sheets Balance Sheets

Author:Milton Friedman

“The 'black armband' view of our history reflects a belief that most Australian history since 1788 has been little more than a disgraceful story of imperialism, exploitation, racism, sexism and other forms of discrimination. I take a very different view. I believe that the balance sheet of our history is one of heroic achievement and that we have achieved much more as a nation of which we can be proud of than which we should be ashamed.”

“Nobody knows everything that's hidden in the balance sheets of banks. In fact, they are completely impenetrable.”

Knows Facts Balance Sheets Nobody Knows Balance Sheets

Author:Jerome Kerviel

“...education is a sacred thing, and the pledge to build a school is a commitment that cannot be surrendered or broken, regardless of how long it may take, how many obstacles must be surmounted, or how much money it will cost. It is by such promises that the balance sheet of one's life is measured.”

May Long School Life Is Broken Balance Promise Cost Commitment Sacred Obstacles Sheets Pledge Balance Sheets Sacred Things

Book:Stones into Schools: Promoting Peace with Education in Afghanistan and Pakistan

Source: Stones into Schools: Promoting Peace with Education in Afghanistan and Pakistan

“Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.”

Stills Balance Cost Labor Assumption Meaningless Sheets Accounting Manuals Balance Sheets Manual Labor

Author:Peter Drucker

“No one would look just at a firm's revenues to assess how well it was doing. Far more relevant is the balance sheet, which shows assets and liability. That is also true for a country.”

Wells Looks Country Shows Balance Firm Assets Relevant Sheets Revenue Liability Balance Sheets Assets And Liabilities

Author:Joseph Stiglitz

“The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation.”

“Long term debt and bank debt (including off-balance sheet financing must be judiciously employed. There must be room to expand the debt position if required.”

Ifs Long Term Rooms Position Balance Including Debt Long Term Sheets Employed Financing Balance Sheets

Author:Peter Cundill

“A work of art expresses itself as a balance sheet pitting the spoken against the unspoken.”

Art Balance Works Of Art Sheets Unspoken Balance Sheets

Author:Russell Sherman

“Balance sheets bore me. I suspect if figures had excited me I would have gone into the city and now be a lot wealthier.”

Ifs Cities Gone Figures Balance Excited Suspects Bores Sheets Balance Sheets

Author:Anne Robinson

“Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.”

Understanding Loss Poor Company Balance Finance Sheets Balance Sheets

Book:Beating the Street

Source: Beating the Street

“I say that in jest a little bit, but Donald Trump is a blue collar guy with a balance sheet. That's the way he likes to have fun.”

Way Littles Guy Fun Bits Trump Balance Little Bit Blue Likes Having Fun Sheets Collars Jest Blue Collar Balance Sheets

Author:Donald Trump, Jr.

“What outsourcing causes - what it's caused by, rather. I understand, for instance, how to read a balance sheet. I happen to believe that having been in the private sector for twenty-five years gives me a perspective on how jobs are created - that someone who's never spent a day in the private sector, like President Obama, simply doesn't understand.”

Giving Years Believe Happens Jobs Causes President Five Perspective Balance Give Me Twenties Instance Five Years President Obama Sheets Private Sector Twenty Five Outsourcing Balance Sheets

Author:Mitt Romney

“In business a reputation for keeping absolutely to the letter and spirit of an agreement, even when it is unfavorable, is the most precious of assets, although it is not entered in the balance sheet.”

Spirit Balance Letters Reputation Agreement Assets Sheets Balance Sheets

Author:Oliver Lyttelton, 1st Viscount Chandos

“Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.”

People Thinking Has Beens Real Country Interest Economy Fire Growing Produce Balance Labor Paid Finance Goods Assets Estates Sheets Goods And Services Debtors Balance Sheets

Author:Michael Hudson

“The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay.”

People Ifs Way Ends Enough Problem House Economy Balance Solutions Okay Crisis Debt Reserves Sheets Lending Federal Reserve Balance Sheets Homeowners

Author:Michael Hudson

“For most businesses, America is the most important asset on their balance sheet.”

Important America Balance Assets Sheets Balance Sheets

Author:Hillary Clinton

“I've already written a section in the annual report for next year explaining why I think in one case that the figures on our balance sheet as calculated are wrong. But it's the standard way of doing it. It's holy writ. The SEC wants us to do it that way, and we'll do it that way, and I'll explain why I think it's wrong and shareholders can read it and see whether they agree with my logic or don't.”

Thinking Way Want Years Next Cases Written Figures Balance Holy Standards Logic Agree Reports Sheets Sections Want U Explaining Next Year Annuals Shareholders Balance Sheets Annual Reports

Author:Warren Buffett

“The budget idea, I may admit, is a sort of obsession with me. I believe in budgets. I want other people to believe in them. I have had a small one to run my own home; and besides that, I am the head of the organization that makes the greatest of all budgets, that of the United States Government. Do you wonder, then, that at times I dream of balance sheets and sinking funds?”

“Everybody is talking about synergies. You've got to take out every cost you possibly can. You have to position yourself as your services change.You have to think about in five years from now what is going to happen technologically to you. And then you do have to think about M&A or your balance sheet, and you have to think about everything in the context of, "Am I prepared to meet that challenge?".”

Thinking Years Happens Challenges Talking Five Position Balance Cost Prepared Five Years Sheets Synergy Balance Sheets

Author:Ken Moelis

“Times of economic crises can change what the competitive landscape looks like, because when, for example, you have boom times, capital is easy to come by, growth is easy, sometimes what you focus on is, you know, how to accelerate in the boom. During economic crises, the question is, the companies that come out of, you know, that are sailing through that with the best liquidity, both assets on the balance sheet, making money, ability to grow their businesses, get a disproportionate competitive advantage.”

“While President Obama shirks his responsibility to advance solutions to our fiscal challenges, he can no longer hide from the merciless math of the balance sheet. Conservatives have made certain of that.”

Made Certain President Challenges Responsibility Balance Solutions Math President Obama Sheets Balance Sheets Shirk

Author:Paul Ryan

“If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.”

Ifs World Responsibility Economy Balance Majors Flow Clean Financial Credit Pace Sheets Banking Banking System World Economy Financial System Balance Sheets

Author:Manmohan Singh

“Though it is very easy to do valuations, eyeballs and brand prominence surveys, you should never allow any of them to influence the balance sheet.”

Should Easy Influence Balance Brands Sheets Surveys Eyeballs Valuation Prominence Balance Sheets

Author:Ashwin Sanghi

“Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional activities as banks try to rebuild their balance sheets.”

Trying Years Loss Modern Balance Activity Consequence Aspect Investment Financial Scales Traditional Gambling Massive Sheets Banking Lending Retail Casinos Balance Sheets Investment Banking

Author:Vince Cable

“We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to the manufacturers, exporters and high-growth companies that power our economy. Today I can announce we will have one.”

Needs I Can Today Growth Ability Company Economy Balance Clean British Sheets Lending Balance Sheets Economy Today

Author:Vince Cable

“If cuts have to be made, the question then becomes which expenditure adds the least value? This is possibly what drives companies to reduce their advertising expenditure - simply because they do not understand its full value and especially as it is usually the single biggest investment on the balance sheet.”

Ifs Made Values Business Company Cutting Balance Add Investment Advertising Sheets Expenditures Balance Sheets

Author:Paul Dyson

“In financing growing companies, we always looked for human value that didn't appear on the balance sheet.”

Humans Values Business Company Growing Balance Sheets Financing Human Values Balance Sheets

Author:Michael Milken

“I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.”

Helping Would Be Economy Plans Balance Program Economics Holes Relief Fund Assets Toxic Secretary Sheets Equity Treasury Bail Balance Sheets Tarp

Author:George Soros

“The basic question that the 'new science' raises for our balance sheet is the issue of what scientific questions have not been asked for 500 years, which scientific risks have not been pursued. It raises the question of who has decided what scientific risks were worth taking, and what have been the consequences in terms of the power structures of the world.”

World Years Has Beens Term Issues Risk Balance Capitalism Consequence Decided Raises Structure Sheets Pursued Balance Sheets

Author:Immanuel Wallerstein

“The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.”

Facts Reality Fiction Balance Lessons Flow Income Statements Cash Sheets Cash Flow Balance Sheets

Author:Chris Chocola

“We will reject interesting opportunities rather than over-leverage our balance sheet.”

Opportunity Interesting Balance Investing Rejects Investors Sheets Buffets Balance Sheets Real Estate Investing

Book:Warren Buffett on Business: Principles from the Sage of Omaha

Source: Warren Buffett on Business: Principles from the Sage of Omaha

“We are tasked to rebuild not just a damaged economy, and a debt-ridden balance sheet, but to do so by drawing forth the best that is in our fellow citizens. If we would summon the best from Americans, we must assume the best about them. If we don't believe in Americans, who will?”

Ifs Believe Economy Balance Citizens Fellows Assuming Don't Believe Debt Drawing Sheets Balance Sheets

Author:Mitch Daniels

“Then, when the Fed's fire hoses started spraying an elephant soup of liquidity injections in every direction, and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Streetm and that the thread of a Great Depression 2.0 was just a cover story for a panicked spree of money printing that exceeded any other episode in recorded human history.”

“With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.”

Balance Weak Sheets Glitter Lending Balance Sheets

Author:Toshihiko Fukui

“What one thing does the world need most today-apart, that is, from the all-inclusive thing we call righteousness? Aren't you inclined to agree that what this old world needs is just the art of being kind? Every time I visit a factory or any other large business concern, I find myself trying to diagnose whether the atmosphere is one of kindliness or the reverse. And somehow, if there is palpably lacking that spirit of kindness, the owners ... have fallen short of achieving 24-carat success no matter how imposing the financial balance sheet may be.”

“A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets.”

Company Balance Reputation Assets Sheets Invaluable Good Reputation Balance Sheets

Author:Li Ka-shing

“It sounds extraordinary, but it's a fact that balance sheets can make fascinating reading.”

Facts Reading Sound Business Balance Extraordinary Finance Fascinating Sheets Accounting Funny Business Balance Sheets

Author:Mary Archer

“Though they control scores of industrial, commercial, mining and tourist corporations, not one bears the name Rothschild. Being private partnerships, the family houses never need to, and never do, publish a single public balance sheet, or any other report of their financial condition.”

Needs House Names Conditions Bears Balance Financial Corporations Reports Score Partnership Sheets Publish Tourists Mining Balance Sheets Private Parts Rothschild

Book:The Rothschilds: A Family Portrait

Source: The Rothschilds: A Family Portrait

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Balance Sheets Quotes