“A man is rich whose income is larger than his expenses, and he is poor if his expenses are greater than his income.” IfsMenWealthPoorRichGreaterIncomeExpenses Author:Jean de la Bruyere
“If Americans actually have the conversation about our disastrous prison policies, we'll understand the trends all move in very dangerous directions: we lock up more people, for less violent crime, at ever greater expense, breeding more dangerous criminals who often come out unemployable, violent and isiolated.” PeopleIfsMovingGreaterDangerousCrimePolicyConversationPrisonCriminalsViolentExpensesTrendsLocksBreedingViolent CrimesLock Up Author:Dahlia Lithwick
“It is the ignorant person who seeks his or her own ends at the expense of the greater whole. It is the ignorant person, therefore, who is the selfish person. The truly wise person is never selfish.” PeoplePersonsEndsWholeGreaterWiseSelfishIgnorantExpensesWise PersonSelfish PeopleSelfish PersonIgnorant Person Author:Ralph Waldo Trine
“The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.” ShouldLittlesHouseDifficultPoorRichGreaterAdvantageLuxuryVanityOccasionsProportionExpensesPrincipalMagnificentTaxationRevenueUnreasonableProgressive Taxation Author:Adam Smith
“Beyond that is the fear that the United States will end up negotiating and agreeing to a deal with Iran. The Israelis do not like that either because they fear the deal will come at the expense of Israel's security interests. From an Israeli perspective, the NIE makes the risk of some sort of settlement much greater.” EndsStatesInterestUnitedDealsUnited StatesGreaterRiskSecurityPerspectiveIsraelIranExpensesIsraeliSettlementNegotiating Author:Trita Parsi
“There is no greater dishonesty than man effecting his own private gains at the expense of others.” MenGreaterGainsExpensesDishonesty Author:Leonard Read
“Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.” LongMomentsTermLossEffortAcceptingGreaterRiskNeededCommitmentBasesIncreaseInvestmentInvestingLong TermExtrasExpensesYieldCashCompellingPrincipalSevereGreedyShort TermLikelihood Author:Seth Klarman