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Rich People Quotes

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Rich People Quotes

“The extremists are talking too loudly, and everyone is convinced that only he is on the right side. It’s not just Jews against Arabs. It’s the Orthodox versus those who don’t think they can keep all six hundred and thirteen commandments of the Bible. It’s rich people versus poor people. At some point, something came over Israel so that everyone has his own ideas—and everyone else is an enemy. It’s a dialogue among deaf people and it is getting more and more serious.”

“The luxury of today is the necessity of tomorrow. Every advance first comes into being as the luxury of a few rich people, only to become, after a time, an indispensable necessity taken for granted by everyone. Luxury consumption provides industry with the stimulus to discover and introduce new, things. It is one of the dynamic factors in our economy. To it we owe the progressive innovations by which the standard of living of all strata of the population has been gradually raised.”

“My father stood behind a bar in the back of the room all those years, so one day I could stand behind a podium in the front of a room. That journey, from behind that bar to behind this podium, goes to the essence of the American miracle - that we're exceptional not because we have more rich people here. We're special because dreams that are impossible anywhere else, come true here.”

“Hedge funds are investment pools that are relatively unconstrained in what they do. They are relatively unregulated (for now), charge very high fees, will not necessarily give you your money back when you want it, and will generally not tell you what they do. They are supposed to make money all the time, and when they fail at this, their investors redeem and go to someone else who has recently been making money. Every three or four years they deliver a one-in-a-hundred year flood. They are generally run for rich people in Geneva, Switzerland, by rich people in Greenwich, Connecticut.”

“Socially prominent people are very fond of disease, because it gives them a chance to have these really elaborate charity functions, and the newspaper headlines say 'EVENING IN PARIS BALL RAISES MONEY TO FIGHT GOUT' instead of 'RICH PEOPLE AMUSE THEMSELVES'.”