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Business Quotes

“Taxes will eventually become a voluntary process, with the possible exception of real estate - the one physical thing that does not move easily and has computable value. The US has a jump-start on the practice, in that 65 percent of local school funds come from real estate taxes - a practice Europeans consider odd and ill advised. But wait until that's all there is left to tax, when the rest of the things we buy and sell come from everywhere, anywhere, and nowhere.”

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Author:Nicholas Negroponte
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“Beware of little expenses. A small leak will sink a great ship.”

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Book:Memoirs of the life and writings of Benjamin Franklin ...
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“Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.”

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Book:Activities 1931-1939: world crises and policies in Britain and America
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“We're richer, but that wealth doesn't reflect durable, authentic economic value - which is hitting fast diminishing returns. The growth that we're pursuing is neither sustainable - nor is it, in many ways, real growth at all. Boardrooms from finance to autos to energy to pharma to fashion have learned that the hard way.”

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Author:Umair Haque
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“A bank is a place that will lend you money if you can prove that you don't need it.”

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Author:Bob Hope
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“You cannot do a goal. Long-term planning and goal-setting must therefore be complemented by short-term planning. This kind of planning requires specifying activities. You can do an activity. Activities are steps along the way to a goal. Let's say you desire security. Putting $10.00 in the bank or talking to your stockbroker about your investment plans are activities that will move you toward your goal.”

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Author:Alan Lakein
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“Do you know the only thing that gives me pleasure? It's to see my dividends coming in.”

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Book:John D. Rockefeller on Making Money: Advice and Words of Wisdom on Building and Sharing Wealth
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“I have, thanks to my travels, added to my stock all the superstitions of other countries. I know them all now, and in any critical moment of my life, they all rise up in armed legions for or against me.”

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Book:Memories of my life, being my personal, professional, and social recollections as woman and artist
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“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

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Author:Warren Buffett
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“The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.”

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Author:Ben Bernanke
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“To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.”

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