Business Capital Quotes & Sayings

A friend with seed (capital), is a business-man in deed. — Vikrmn

- I had a good classical education, and a positive distaste for business of any kind; that was the capital with which I faced the world [ ... ] I reflected, then, on my want of prospects, and I determined to embark in literature.
- Really; that was strange. You seem to be in pretty comfortable circumstances, though. — Arthur Machen

Henry Ford has several times sneered at unproductive stockholders ... Well, now. Let's see. Who made Henry Ford's own automobile company possible? The stockholders who originally advanced money to him. Who makes it possible for you and me to be carried to and from business by train or street car? Stockholders ... Who made our vast telephone and telegraph service possible? Stockholders ... Were stockholders all over the country to withdraw their capital from the enterprises in which they are invested, there would be a panic ... on a scale never before known. — B.C. Forbes

A well-managed business will have a high return on invested capital. But that's a consequence. It's not a way to manage a business. — Peter Senge

Amidst all the hype and hoopla around this business, I wanted to emphasize the challenge - it is seductive but the failure rate is very high. And those who fail have no good place to go. — Mahendra Ramsinghani

It is not size that counts in business. Some companies with $500,000 capital net more profits than other companies with $5,000,000. Size is a handicap unless efficiency goes with it. — Herbert Newton Casson

The life of a man who deliberately runs through his fortune often becomes a business speculation; his friends, his pleasures, patrons, and acquaintances are his capital. — Honore De Balzac

We wrote every day, but the letters began to seem like checks drawn on the summer's capital. There had been a lot in the bank, but it is never good business practice to live on your capital, and I had the feeling, somehow, of living on the capital and watching something dwindle. — Robert Penn Warren

In almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system. — Michael Parenti

New product and new types of service are generated, not by asking the consumer, but by knowledge, imagination, innovation, risk, trial and error on the part of the producer, backed by enough capital to develop the product or service and to stay in business during the learn months of introduction. — W. Edwards Deming

The first year, I didn't have much capital so I did everything myself. I had to keep my overhead low by learning everything about running a business, from accounting to fixing the gears of my equipment. I really started from scratch. — Li Ka-shing

I believe that the banks and the financial services industry take more than their fair share of our profits by using unfair business tactics. It now appears that our entire financial system has taken far more risk than is warranted by its capital structure and that this will lead to a market crash affecting economies worldwide. Gordon L. Eade — Kenneth Eade

1976, I was all of 18, and when I stepped into the world of business, the capital I had in my hand was 20,000 rupees. — Sunil Mittal

VanessaPlace Inc. is a trans-national corporation whose sole mission is to design and manufacture objects to meet the poetic needs of the human heart, face, and form. What is poetry really worth? What is poetry's purpose - personally, culturally, politically, financially? VanessaPlace offers a language-based solution to these and other dilemmas facing the culture business today. The poetry-products of VanessaPlace turn cultural capital into capitalized culture through a game-changing, dynamic shift of focus from manifesto to manifestation. — Vanessa Place

All the great establishments, of every kind, now in the hands of a few proprietors, but employing a great number of wage laborers, would be broken up; for few or no persons, who could hire capital and do business for themselves would consent to labour for wages for another. — Lysander Spooner

Your energy, thought and capital exclusively upon the business in which you are engaged. Having begun on one line, resolve to fight it out on that line, to lead in it, adopt every improvement, have the best machinery, and know the most about it. The concerns which fail are those which have scattered their capital, which means that they have scattered their brains also. They have investments in this, or that, or the other, here, there and everywhere. "Don't put all your eggs in one basket" is all wrong. I tell you "put all your eggs in one basket, and then watch that basket." Look round you and take notice; men who do that do not often fail. It is easy to watch and carry the one basket. It is trying to carry too many baskets that breaks most eggs in this country. — Gary Keller

I strongly believe in the fact
that there's still plenty of money and plenty of private equity capital
available around the globe. What are in short supply are great entrepreneurs
and great teams. A trading opportunity or a company's biggest
challenge is and has always been the team behind it. There's enormous
change under way in every facet of the world. Some is technology
driven, some is market driven. All that change creates unprecedented
opportunity, but to take full advantage of such opportunities I mostly
focus on the team. The right teams and right people behind those
opportunities always win. There is no secret sauce. Trading and investing
has, in my experience, boiled down to building relationships and
exchanging value. It consists of striking the right balance between
backing and interacting with the right teams with the right business
model at the right time and with the right amount of money. — Ziad K. Abdelnour

Our hesitancy to take credit for our accomplishments results in a loss of power, influence, and political capital in the workplace. — Bonnie Marcus

One way was Taylorism. Frederick W. Taylor had been a steel company foreman who closely analyzed every job in the mill, and worked out a system of finely detailed division of labor, increased mechanization, and piecework wage systems, to increase production and profits. In 1911, he published a book on "scientific management" that became powerfully influential in the business world. Now management could control every detail of the worker's energy and time in the factory. As Harry Braverman said (Labor and Monopoly Capital), the purpose of Taylorism was to make workers interchangeable, able to do the simple tasks that the new division of labor required - like standard parts divested of individuality and humanity, bought and sold as commodities. — Howard Zinn

Rejecting the rules of late-stage tech-bubble venture-capital madness is a better, more resilient, and durable approach to business in a digital landscape. Who better to affirm this than one of the digital industry's most trusted news and analysis sources, PandoDaily. — Douglas Rushkoff

Science is a capital or fund perpetually reinvested; it accumulates, rolls up, is carried forward by every new man. Every man of science has all the science before him to go upon, to set himself up in business with. What an enormous sum Darwin availed himself of and reinvested! Not so in literature; to every poet, to every artist, it is still the first day of creation, so far as the essentials of his task are concerned. Literature is not so much a fund to be reinvested as it is a crop to be ever new-grown. — John Burroughs

Capital isn't that important in business. Experience isn't that important. You can get both of these things. What is important is ideas. — Harvey S. Firestone

I think that any artistic decision that is based on whether or not you are going to make money it is not really an artistic decision. It is a business decision. And there are a lot of things that I can do to earn a living and a lot of things that I have already done to earn a living which produce the amount of capital needed to do this project. I came here to spend money on an English orchestra and record my music, so I can take it home and I can listen to it. And... if somebody else likes that kind of stuff, I will make it available on a record so that they can hear it. That is my part of the public service of spending the money to make this event happen. No foundation grant, no government assistance, no corporation, no comittee. Just a crazy guy who spent the money to hire English musicians to do a concert at the Barbican and make an album for Barking Pumpkin Records. — Frank Zappa

All business is capitalistic. You require capital for any sort of business endeavour. — P. J. O'Rourke

She has a fine genius for poetry, combined with real business earnestness, and "goes in"
to use an expression of Alfred's
for Woman's mission, Woman's rights, Woman's wrongs, and everything that is woman's with a capital W, or is not and ought to be, or is and ought not to be. "Most praiseworthy, my dear, and Heaven prosper you!" I whispered to her on the first night of my taking leave of her at the Picture-Room door, "but don't overdo it. And in respect of the great necessity there is, my darling, for more employments being within the reach of Woman than our civilisation has as yet assigned to her, don't fly at the unfortunate men, even those men who are at first sight in your way, as if they were the natural oppressors of your sex; for, trust me, Belinda, they do sometimes spend their wages among wives and daughters, sisters, mothers, aunts, and grandmothers; and the play is, really, not ALL Wolf and Red Riding-Hood, but has other parts in it." However, I digress. — Charles Dickens

If the business were a play, Act One is: Woohoo, bright and bushy-tailed. We're going to make something great! Act Two is: We're six months behind on back-end development. We're trying to raise venture capital. We're trying to figure out what furniture we should sell to make payroll. — Caterina Fake

In one way or another, these fears echoed the beliefs of Karl Marx and Friedrich Engels, who argued in The Communist Manifesto (1848) that governments in capitalist society were political extensions of the interests of business owners. "The executive of the state," they wrote, was "nothing more than a committee for managing the affairs of the whole bourgeoisie."25 Over the following decades, scores of influential followers would advance various arguments that had in common a core theme. Marxists argued that the expansion of capitalism brought with it the reinforcement of class divisions and, through imperialism and the spread of finance capital around the world, the replication of these divisions both within countries and between them. — Moises Naim

The genius of the corporation as a business form, and the reason for its remarkable rise over the last three centuries , was - and is - its capacity to combine the capital, and thus the economic power, of unlimited numbers of people. — Joel Bakan

Our combination of great research universities, a pro-risk business culture, deep pools of innovation-seeking equity capital and reliable business and contract law is unprecedented and unparalleled in the world. — Marc Andreessen

It takes more than capital to swing business. You've got to have the A. I. D. degree to get by - Advertising, Initiative, and Dynamics. — Isaac Asimov

If you look at some of the smaller capital markets in Asia, when they want funding, they either come here to Hong Kong or they go to California, the mecca of the Internet, because they can capture the liquidity and then move on and do what they want to do, which is develop a business. — Richard Li

Small businesses, you can give them capital, but what they often need as much is mentoring, advice and help with their business plan. — Karen Mills

Tarek Mohamed Bouazizi, who burned himself to death in front of the governor's offices in the town of Sidi Bouzid in December 2010.12 Bouazizi killed himself precisely one hour after a policewoman, backed by two municipal officers, had seized from him two crates of pears, a crate of bananas, three crates of apples and a second-hand electronic weight scale worth $179. Those scales were his only capital. He did not have legal title to his family's home, which might otherwise have served as collateral for his business. His economic existence depended on the 'fees' he paid to officials to allow him to operate his fruit-stand on — Niall Ferguson

I moderated a panel focusing just on women and the specific challenges that women entrepreneurs face. And we found that around the world, the challenges are the same, whether it is gaining access to capital, risk-taking, or the ability to expand beyond a small business and grow. — Valerie Jarrett

Business has to have capital.I think Wall Street is a necessary ingredient of the global economy, you've just got to keep people realizing that helping clients is the most important thing, not helping yourself. — John Kasich

The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down. — Warren Buffett

Simple, genuine goodness is the best capital to found the business of this life upon. It lasts when fame and money fail, and is the only riches we can take out of this world with us. — Louisa May Alcott

Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics. — Peter Schiff

Nature is, above all, profligate. Don't believe them when they tell you how economical and thrifty nature is, whose leaves return to the soil. Wouldn't it be cheaper to leave them on the tree in the first place? This deciduous business alone is a radical scheme, the brainchild of a deranged manic-depressive with limitless capital. Extravagance! Nature will try anything once. — Annie Dillard

David Rockefeller is the most conspicuous representative today of the ruling class, a multinational fraternity of men who shape the global economy and manage the flow of its capital. Rockefeller was born to it, and he has made the most of it. But what some critics see as a vast international conspiracy, he considers a circumstance of life and just another day's work ... In the world of David Rockefeller it's hard to tell where business ends and politics begins — Bill Moyers

Solamon Energy Corp (SSL), "The Company", is neither offering nor has offered any shares for sale to the general public IPO and has not engaged any agents to do so, as shares can only be traded through GXG Markets by authorized brokers. Potential investors cautioned against solicitation by any unauthorized brokers to purchase SSL:GXG (London) shares. Economic Frauds has been reported. No affiliation with unauthorized offshore broker activity Fisher Capital (FCM) fraud. — Solamon Energy

It doesn't matter what business you're in. It is the people who achieve things, not capital, and the great advantage for us is that I think women have always known this. — Janet Holmes A Court

But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose. — Mark Cuban

Small business owners that are female, that is their number one problem, is access to capital. — Marsha Blackburn

The merchant must be no more pessimist than optimist, since pessimism induces him to hold back his capital but optimism induces him to take such risks that he has more to tear than to hope. Abu al'Fadl Ja'far al-Dimishqi (c. 9th century) Arab writer. The Beauties of Commerce Business pays ... philanthropy begs. — W.E.B. Du Bois

That is what capitalism is - a version of feudalism in which capital replaces land, and business leaders replace kings. But the hierarchy remains. And so we still hand over our lives' labor, under duress, to feed rulers who do no real work. — Kim Stanley Robinson

While Mitt Romney was at Bain Capital, almost one out of every four companies they were involved with went bankrupt or went out of business. — John Brabender

Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result. — Charlie Munger

Accessing capital to start a business can be a daunting process, especially for entrepreneurs who start out with a great idea, but have no real familiarity with the business world. — Gavin Newsom

The biggest complaint from people wanting to start a business is, "I don't have capital." Banks aren't lending but if they were, it would give you a greater opportunity to screw things up. So it will help you be creative and spend less. If you have a proven business plan, share with friends and family. — Cameron Johnson

To anticipate, not the sunrise and the dawn merely, but, if possible, Nature herself! How many mornings, summer and winter, before yet any neighbor was stirring about his business, have I been about mine ... So many autumn, ay, and winter days, spent outside the town, trying to hear what was in the wind, to hear and carry it express! I well-nigh sunk all my capital in it, and lost my own breath into the bargain, running in the face of it. — Henry David Thoreau

All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent. — Thomas Piketty

Bribery quickly became an integral part of the Russian way of doing business, and the expense of buying a government official was considered the most important part of a new enterprise's starting capital. — David Satter

So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster. — Fred Wilson

The dichotomy is delicious. Inside the fantasy genre, I try to present women who need to solve real problems like having no voice in community, or no right to work; no access to capital to start a business. No reinforcement for talent. — Stella Atrium

I'm interested in giving business an opportunity by improving the tax environment to invest and grow with Pennsylvania, to expand and put more money in capital investment and creating jobs. — Ed Rendell

I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation. — Paul Ryan

By the late 1990s, it was almost as if the Orwellian scenario of the Mac's "1984" commercial had come true. Big Business, with a pair of capital B's, ruled computing. The drones used what they were told. — Brent Schlender

Thought, not money, is the real business capital. — Harvey S. Firestone

The big-ticket hardware folks invest the capital, take all the risks - which are huge - suffer the losses and the write-downs, and then let somebody else capture the business that has predictability, lower price sensitivity, higher margins, recurring revenue, and the opportunity to create an ongoing customer relationship, because the frequency of purchase is ten times greater than the frequency of the initial transaction. "So — Adrian J. Slywotzky

When I started Biocon in 1978, the obstacles I needed to navigate were manifold - ranging from infrastructural hurdles to issues related to my credibility as a business woman. With no access to venture capital, money was scarce and high-cost, debt-based capital was all I had. — Kiran Mazumdar-Shaw

It was the combination of EC2 and S3 - storage and compute, two primitives linked together - that transformed both AWS and the technology world. Startups no longer needed to spend their venture capital on buying servers and hiring specialized engineers to run them. Infrastructure costs were variable instead of fixed, and they could grow in direct proportion to revenues. It freed companies to experiment, to change their business models with a minimum of pain, and to keep up with the rapidly growing audiences of erupting social networks like Facebook and Twitter. — Brad Stone

If you bring [tax] rates down, it makes it easier for small business to keep more of their capital and hire people. And for me, this is about jobs. I want to get America's economy going again. Fifty-four percent of America's workers work in businesses that are taxed as individuals. So when you bring those rates down, those small businesses are able to keep more money and hire more people. — Mitt Romney

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth. — Warren Buffett

The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. — Frederick Soddy

To paraphrase Hemingway, people go broke slowly and then all at once. We've been slowly going broke for years, but now it's happening all at once as the world's capital markets are demanding action from us, yet Obama assumes we'll just go borrow another cup of sugar from some increasingly impatient neighbor. We cannot knock on anyone's door anymore. And we don't have any time to wait for Washington to start behaving responsibly. We'll be Greece before these D.C. politicians' false promises are over. We must force government to live within its means, just as every business and household does. — Sarah Palin

Conservatives insist that government should be " run more like a business." One might wonder how that could be possible, since government does not market goods and services for the purpose of capital accumulation. — Michael Parenti

The value any business creates, listed or not, is determined by the rate at which it deploys incremental capital. And — Lawrence A. Cunningham

Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses — Warren Buffett

The profound point is that the critical link between growth and value creation is the return on incremental capital. Since share prices tend to follow earnings over the long term, the more capital that can be deployed at high rates of return to drive greater earnings growth, the more valuable a company becomes. Warren Buffett summarized the point best: "Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return."4 The best investments, in other words, combine strong growth with high returns on capital. — Lawrence A. Cunningham

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine. — Warren Buffett

Here's an irony of the history of conservatism's relationship with business and business's relationship with conservatism: 'Wall Street' used to be the right-wing industrialists of the forties and fifties' greatest term of derision. (Wall Street was the place that humiliated them by forcing them, hat in hand, to beg for capital). — Rick Perlstein

Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business. — Mark Cuban

Eliminating the Death Tax will continue to restore consumer confidence, spur capital investment, and create new jobs which are critical components of economic growth, particularly within the small business community. — Howard Coble

It violates right order whenever capital so employs the working or wage-earning classes as to divert business and economic activity entirely to its own arbitrary will and advantage, without any regard to the human dignity of the workers, the social character of economic life, social justice, and the common good. — Pope Pius XI

My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income ... passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties. — Robert Kiyosaki

Knowledge is more important than capital. Lack of capital is a common excuse for not starting a business venture. — Timi Nadela

The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people. — Andrew Mellon

It's not government that creates jobs; it's small business. Our job is to make sure they have the access to capital, the access to contracting opportunities, and the help, advice and mentoring that they need to go out and be successful. — Karen Mills

The banks themselves were doing business on capitals three-fourths of which were fictitious. This fictitious capital ... is now to be lost, and to fall on somebody; it must take on those who have property to meet it, and probably on the less cautious part, who, not aware of the impending catastrophe, have suffered themselves to contract, or to be in debt, and must now sacrifice their property of a value many times the amount of the debt. We have been truly sowing the wind, and are now reaping the whirlwind. — Thomas Jefferson

There is always a critical job to be done. There is a sales door to be opened, a credit line to be established, a new important employee to be found, or a business technique to be learned. The venture investor must always be on call to advise, to persuade, to dissuade, to encourage, but always to help build. Then venture capital becomes true creative capital - creating growth for the company and financial success for the investing organization — Georges Doriot

There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated. — Eric Ries

All businesses require capital, management and labor, and business executives, wanting to grow and maintain profitable enterprises, have a strong incentive to keep costs, including labor, as low as possible. — Kevin O'Leary

The purpose of finance is to enable business to acquire the ownership of capital instruments before it has saved the funds to buy and pay for them. The logic used by business in investing is things that will pay for themselves is not today available to the 95% born without capital. Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership. — Louis O. Kelso

To be sure, the cost of managing capital and of "formal" financial intermediation (that is, the investment advice and portfolio management services provided by a bank or official financial institution or real estate agency or managing partner) is obviously taken into account and deducted from the income on capital in calculating the average rate of return (as presented here). But this is not the case with "informal" financial intermediation: every investor spends time - in some cases a lot of time - managing his own portfolio and affairs and determining which investments are likely to be the most profitable. This effort can in certain cases be compared to genuine entrepreneurial labor or to a form of business activity. — Thomas Piketty

A leader - whether in the home, church, business, community, or government - has authority due to her role, but her positional power will not bring about good for individuals or organizations unless it is backed up by the capital of character. — Dan B. Allender

The ability to cultivate friends is a powerful aid to success. It is capital which will stand by one when panics come, when banks fail, when business concerns go to the wall. — Orison Swett Marden

In the four decades of philanthropy that have paralleled my business career, I've found that the same principles apply whether you're providing access to capital to grow a business, creating a new paradigm for medical research, or pioneering innovative approaches to education: Empower the most talented people in each field and encourage them to pursue their passions. — Michael Milken

Now I have no doubt that Mitt Romney was worried about pink slips - whether he was going to have enough of them to hand out because his company Bain Capital with all the jobs that they killed, I'm sure he was worried that he'd run out of pink slips. There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business and I happen to think that's indefensible. If you're a victim of Bain Capital's downsizing, it's the ultimate insult for Mitt Romney to come to South Carolina and tell you he feels your pain, because he caused it. — Rick Perry

In order to access private capital, you have to provide competitive return on investment. In order to give competitive returns to investors, you've got to operate on a profitable basis and be thinking of yourself as a business. — Pierre Omidyar

There is a good deal of solemn cant about the common interests of capital and labor. As matters stand, their only common interest is that of cutting each others throat. — Brooks Atkinson

Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital. — Joel Osteen

Make no mistake, the point of cutting the personal income tax and the capital gains cut is to send an unmistakable message to business. — Bill Richardson

Nothing earns better interest than judicious questions, and the man who invests in more knowledge of the business than he has to have in order to hold his job has capital with which to buy a mortgage on a better one. — George Horace Lorimer

Here is the prime condition of success: Concentrate your energy, thought and capital exclusively upon the business in which you are engaged. Having begun on one line, resolve to fight it out on that line, to lead in it, adopt every improvement, have the best machinery, and know the most about it. — Andrew Carnegie

You know, in a business, you have to operate on the basis of voluntary investment by individuals in a cause. With government, there is no voluntary effort to invest capital. It's just taken and invested. And the same accountability is not at play. The same natural forces in the economy are not at play. — Mike Lee

I think we need to rethink a lot of business skills. In finance, for example, social impact bonds are potentially a way of providing capital for investments that save the public money in a context in which government often doesn't invest in things that would save it money. — Nicholas Kristof

When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods and services. — Meg Whitman

A big Wall Street bank's biggest advantage was its access to vast amounts of cheap risk capital and, with that, its ability to survive the ups and downs of a risky business. That meant little when the business wasn't risky and didn't require much capital. High-frequency traders went home every night with no position in the stock market. They traded in the market the way card counters in a casino played blackjack: They played only — Michael Lewis

What makes small business develop into big business is not spending, but saving and capital accumulation. — Ludwig Von Mises