“On behalf of my native Japan, I am grateful to the culinary community and hospitality industry for working together to raise much-needed funds to aid the tsunami and earthquake victims.” TogetherCommunityIndustryNeededRaisesVictimGratefulAidsNativeJapanWorking TogetherFundCulinaryBehalfHospitalityEarthquakesI Am GratefulTsunami Author:Masaharu Morimoto
“The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.” TodayReadingSimpleHalfSituationFiguresIndustryInternetCostMachinesPaidNewspapersFundArticlesCentsBankingPaymentTransfersDwarfsDwarves Author:Erik Naggum
“Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry which enables investors to indulge their suicidal instincts. No, the fund industry was hardly an innocent bystander in the market boom and the subsequent carnage. "We have met the enemy and he is us"... all of us.” KnownEnemyWorstIndustryMetsInstinctMarketingInnocentFundMutualInvestorsSuicidalIndulgeWorst EnemyBystandersCarnageWeaponryMutual FundColossus Author:John C. Bogle
“Over the years, the diamond industry has had a devastating impact in countries such as Sierra Leone, Angola and the Congo, where profits from the sale of diamonds have been used to fund brutal wars, with disastrous effects on local communities.” YearsHas BeensWarCountryUsedCommunityEffectsIndustryImpactProfitLocalsFundDiamondBrutalCongoSierraLocal CommunitySierra LeoneAngola Author:Sheherazade Goldsmith
“It proved to be pretty impossible to get funds for a feature film in Finland. It's still small, but the film industry was miniscule at that point in the early '80s.” StillsFilmImpossibleIndustryFeaturesFund80sFilm IndustryFinland Author:Renny Harlin
“The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.” PeopleWayViewsWonderfulEffectsIndustryOughtCostLowsInvestingBest WayBuyingRelaxFundIndex Funds Author:Warren Buffett
“Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.” ThinkingShouldTryingYearsStillsSufferingThreeClearFailingIndustryProveBeatsAdultsInvestingFollowingEightLoyaltyFundMutualStatisticsEasterSantaSanta ClausArdentBunniesMutual FundDerisionHoaxesPointersClear ThinkingEaster Bunny Author:Jonathan Clements
“Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange for providing a shocking disservice... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility.” IndividualResponsibilityIndustryLowsOrganizationManagementInvestmentInvestingProfitDrivenEnormousManagersFundMutualInvestorsProvidingExploitationShockingSystematicFeesTollsColossalDisserviceMutual FundTurnoverIndex FundsFiduciaryInvestment Management Author:David F. Swensen
“The conference also has a moral duty to examine the corruption of science that can be caused by massive amounts of money. The United States has disbursed tens of billions of dollars to climate scientists who would not have received those funds had their research shown climate change to be beneficial or even modest in its effects. Are these scientists being tempted by money? And are the very, very few climate scientists whose research is supported by industry somehow less virtuous?” StatesUnitedMoralUnited StatesEffectsDutyIndustryAmountResearchScientistDollarsClimateClimate ChangeCorruptionBillionsFundMassiveVirtuousModestTemptedConferencesBeneficialMoral Duty Author:Patrick Michaels
“And to improve access to the UK publishing industry - I'm hoping to set up an internship or work experience for someone from a low-income background, as soon as we have the funds. While we don't have the funds, we won't have an intern.” IndustryLowsAccessBackgroundsIncomeFundPublishingLow IncomePublishing IndustryInternshipsWork Experience Author:Deborah Smith
“Most Republicans are not prepared to stand up to the fossil fuel industry because they get a lot of their campaign funds from the Koch brothers and other people in the fossil fuel industry. That tells me why we have to reform our campaign finance system.” PeopleBrotherIndustryRepublicanPreparedCampaignsFinanceReformFuelFundFossilsFossil FuelCampaign Finance Author:Bernie Sanders