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Industry Quotes

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Industry Quotes

“Network marketing is the only industry that allows common people to earn millions with a minimal investment and zero overhead, coupled with total time freedom and the joy of global travel. There are three magic words that worked for all of us who have made it to the pinnacle and they'll work for you: 'Just don't quit.'”

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Book:Your First Year in Network Marketing: Overcome Your Fears, Experience Success, and Achieve Your Dreams!
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“In the course of waging that war, the people of Canada had shown that it was possible for them to maintain nearly a million men in uniform and at the same time expand all the facilities for production within Canada at an unprecedented speed, including building industries which had never existed in Canada before... and by and large the cost of production in Canada compared favourable with the cost of production anywhere else among the Allies... All of this was accomplished without any foreign investment, without and foreign loans... We were quite capable of self-development.”

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Author:Tim Buck
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“Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it's over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment.”

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Author:Bill Gates
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“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.”

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Author:David F. Swensen
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“From my experience let me say this: in today's world it is no bad thing for a politician to have had the benefit of a scientific background. And not only politicians. Those who work in industry, in commerce, in investment. Indeed, so important has it become that I believe we are right to make science a compulsory subject for all schoolchildren.”

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Author:Margaret Thatcher
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“I guess for major film industry players a film is a money making devise, so using formulas assures them that their investment will have returns. A lot of big studio films are created by formulas and committees, stripping away any individuality or personality from the work so that they could appeal to most everyone on there planet but to no one in particular.”

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Author:Signe Baumane
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“It is a truism that the structure of a society is basically determined by its technology. Not in an absolute sense-there may be totally different cultures using identical tools-but the tools settle the possibilities; you can't have interstellar trade without spaceships. A race limited to a single planet, possessing a high knowledge of mechanics but with its basic machines of industry and war requiring a large capital investment, will inevitably tend toward collectivism under one name or another. Free enterprise needs elbow room.”

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Book:Trader to the Stars: Polesotechnic League
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“Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.”

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Author:Michael Hudson
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“Making big investments to get off oil, making clean energy alternatives widely available and cheap, and creating millions of new jobs in clean energy industries is a winner with American voters and can carry the whole suite of policies that we need to address global warming.”

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Author:Ted Nordhaus
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