“And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.” StrongInterestResultsProduceLowsRateInvestorsVery StrongRecessionsInterest RateMae Author:Franklin Raines
“I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.” DecisionLevelsResultsEconomyCenturyParticularTaxesLowsThirdsRateExperimentsInequalityRegulationLow LevelTrickle Down Author:Joseph Stiglitz
“In the last few decades entire new categories of waste have come to plague and menace the American scene. Pollution is growing at a rapid rate. Pollution destroys beauty and menaces health. It cuts down on efficiency, reduces property values and raises taxes. Almost all these wastes and pollutions are the result of activities carried on for the benefit of man. A prime national goal must be an environment that is pleasing to the senses and healthy to live in. Our Government is already doing much in this field. We have made significant progress. But more must be done.” MenMadeDoneGovernmentLastsValuesGoalResultsBeautyEnvironmentCuttingGrowingProgressFieldsHealthySceneActivityTaxesWasteBenefitsRaisesPropertyRateDecadesSensesSignificantPrimeCategoriesPollutionEfficiencyPlagueRapidsMenacePollution Control Author:Lyndon B. Johnson
“The result of a public that has a very high consumption rate and turnover rate is people listen to more music but spend less time with individual bits of music. It's made me more likely to put things up quickly and treat it more like a magazine instead of a novel.” PeopleMadeIndividualBitsResultsNovelTreatsRateMagazinesConsumptionTurnover Author:Trent Reznor
“Ina regular and constant employment the greatest result will always be gained by such a rate as allows a workman each day,or each week at the most, to recover all fatigue and recommence with an undiminished store of energy.” EnergyResultsWeekConstantRateStoresEmploymentEach DayFatigueWorkmen Book:The Theory of Political Economy Source: The Theory of Political Economy
“Where countries have been able to carry through on their reform commitments - as in Korea, Thailand and the Philippines - results are starting to come in the form of lower interest rates, new investment and increased growth.” Has BeensCountryAbleFormGrowthInterestResultsCommitmentInvestmentRateStartingReformKoreaPhilippinesInterest RateThailand Author:Lawrence Summers
“The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.” LawPoliticsNaturalWealthAbilityResultsMoralEconomyEconomicEqualRateFactorsLiberalismConcentrationVaryEconomic FreedomBeing EqualConcentration Of Wealth Book:The Lessons of History Source: The Lessons of History
“women's entry into the public sphere can be seen not merely as the result of contemporary economic pressures, the high rate of divorce, or the success of the feminist movement, but rather as a profound evolutionary response to a pervasive cultural crisis. Feminine principles are entering the public realm because we can no longer afford to restrict them to the private domestic sphere, nor allow a public culture obsessed with Warrior values to control human destiny if we are to survive.” IfsHumansValuesCultureWomenResultsPrinciplesDestinyEconomicMovementPressureCrisisProfoundResponseRateFeministDivorceContemporaryWarriorObsessedRealmsFeminineSpheresEnteringSocial ChangeEntryFeminist Movement Author:Sally Helgesen
“Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial portfolio turnover tend to reduce investment yields. Many people will find the guarantee of playing the stock-market game at par every round a very attractive one. The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense.” PeopleShowsGamesResultsEffortReturnMethodInvestmentRateRoundsInvestingManagersAttractiveGuaranteesFundExpensesYieldSensibleTypicalFeesBuyersObtainingPortfoliosTurnoverIndex FundsAdvisory Author:Burton Malkiel
“Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging high-quality investment managers to provide professional insight. The conventional wisdom ends up hopelessly unwise, as evidence shows an overwhelming rate of failure by mutual funds to deliver on promises.” WellsEndsShowsNightBeliefSleepResultsQualityMillionsPromiseEvidenceInvestmentRateInvestingInsightSuperiorsManagersOutcomesFundMutualOverwhelmingInvestorsConventionalEngagingSereneHigh QualityConventional WisdomUnwiseMutual FundSleep Well Author:David F. Swensen
“We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care.” LongUseCareOpportunityTermInterestingResultsBalanceBehaviorComfortableBasesStructureRateInvestingCommittedDebtObligationFixedLong TermRejectsPortionsConsideringSheetsEquityConservatismNet WorthLendersBalance SheetsFiduciary Author:Warren Buffett
“Throw in neglect and politicization of the judicial system and you see the result: soaring rates of cocaine trafficking through Venezuela and worsening corruption of institutions.” ResultsInstitutionsRateCorruptionNeglectSoarCocaineJudicialVenezuelaTraffickingJudicial System Author:Rory Carroll