Fiduciary Responsibility Quotes & Sayings

If one has been blessed or have been fortunate enough to have got much more than normal wealth, it is but natural that one expects a certain fiduciary responsibility in terms of how that wealth is applied, used and leveraged for purposes of society. — Azim Premji

The unhappy theory of business ethics is this: you have a fiduciary responsibility to maximize profit. Period. To do anything other than that is to cheat your investors. And in a competitive world, you don't have much wiggle room here. — Seth Godin

The whole question of fiduciary responsibility is a very old concept. You could make a movie about someone making that rule at any point in history, and within a few months, it will turn out to be timely. — Alan Alda

Education, especially business education will only give you tools. What you do with these tools is all that matters. Life and business isn't paint by numbers. You have to think for yourself. You have to invent yourself. You have an inferred fiduciary mandate to yourself, and that means, it's your responsibility to learn people skills, and language skills, in order to increase your chances of success. You also have to be at the right place, at the right time, with the right thing. Mostly and invariably, the real product you're going to be selling is ... .you. — Gene Simmons

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. — David F. Swensen

Our laws demand that a corporation have a fiduciary responsibility with shareholders to maximize profits. They are legally required to make as much money as possible, any way possible within 'the law.' — Michael Moore

From the perspective of a fossil fuel company, going after these high-risk carbon deposits is not a matter of choice - it is its fiduciary responsibility to shareholders, who insist on earning the same kinds of mega-profits next year as they did this year and last year. And yet fulfilling that fiduciary responsibility virtually guarantees that the planet will cook. — Naomi Klein