“Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt.” Has BeensAmericaWealthAmountCrisisInvestmentAcceptedEnormousElitesOnly Time1930sRedistribution Of Wealth Author:Susan George
“In a crisis, stocks of financial companies are great investments, because the tide is bound to turn. Massive losses on bad loans and soured investments are irrelevant to value; improving trends and future prospects are what matter, regardless of whether profits will have to be used to cover loan losses and equity shortfalls for years to come.” YearsMatterUsedValuesTurnsLossCompanyCrisisInvestmentBoundsFinancialProfitMassiveTrendsTidesWhat MattersImprovingIrrelevantEquityLoanProspects Author:Seth Klarman
“When we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage.” PeopleIfsWorldShouldWould BeYoungReadySmartAdvantageShould HaveArmyCrisisInvestmentDepartmentEtcFundLots Of MoneySmart People Author:Charlie Munger
“I first had money for investment just at the time of the 2008 crisis and shares have been highly volatile since then. So I do have shares in my pension but I have tended to invest in specific projects that include property and private companies that have been very well researched by my advisers.” FirstsWellsHas BeensCompanyShareProjectsCrisisPropertyInvestmentPensionAdviser Author:Andy Murray
“The roots of the crisis in East Asia were in private sector decisions. The biggest problems were the misallocation of investment, most notably to speculative real estate, and risky financing, especially borrowing short-term debt on international markets.” RealProblemDecisionCrisisInvestmentBorrowingFinancing Author:Joseph Stiglitz
“The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.” YearsFactsBigsCrisisInvestmentIncludingFinancialInvestorsHousingFinancial CrisisBettingHousing CrisisHousing Market Author:James Surowiecki
“In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education.” YearsFirstsThreeGrowthPresidentEconomicKeysOfficeInnovationCrisisFoundationStrategyLaysInvestmentProsperityLastingPresident ObamaEconomic GrowthGreat DepressionEconomic Crisis Author:Tom Vilsack
“Courage taught me no matter how bad a crisis gets… any sound investment will eventually pay off.” MatterSoundPayTaughtCrisisInvestment Author:Carlos Slim