Financial Profit Quotes & Sayings

Global corporations have the human capital, the financial resources, the technology, the international footprint, the power of markets and the profit motivation to build a better world. NGOs will be essential partners...Governments will be essential partners...By engaging together through an iterative process, we will achieve "A Better World. — Alice Korngold

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy. — Hyman Minsky

To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence. — Jim Rohn

As readers, we have gone from learning a precious craft whose secret was held by a jealous few, to taking for granted a skin that has become subordinate to principles of mindless financial profit or mechanical efficiency, a skill for which governments care almost nothing. — Alberto Manguel

I only wanted to be a good employee who generated as much profit as possible for his employer. I was merely a small cog in the machine - and now I'm suddenly supposedly the main person responsible for the financial crisis. — Jerome Kerviel

Greed has two teachers; one is a cheat [a crafty person] and the other one is financial loss. When one incurs loss; it will quickly destroy the tuber of greed. — Dada Bhagwan

The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money. — Linda McQuaig

The UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One-World revolutionaries, hungry for profit and power. — Curtis Bean Dall

Information is Power. Think For Yourself. CAUTION: proper use of the brain is not endorsed by federal governments nor huge corporations involved in serious financial profit from a brainwashed and enslaved population. Mild discomfort may occur as confusing independent thought challenges popular views of the world. — Timothy Leary

Not yet have I found any better method to prosper during the future financial chaos, which is likely to last many years, than to keep your net worth in shares of those corporations that have proven to have the widest profit margins and the most rapidly increasing profits. Earning power is likely to continue to be valuable, especially if diversified among many nations. — John Templeton

The effort to make financial or political profit out of the destruction of character can only result in public calamity. Gross and reckless assaults on character, whether on the stump or in newspaper, magazine, or book, create a morbid and vicious public sentiment, and at the same time act as a profound deterrent to able men of normal sensitiveness and tend to prevent them from entering the public service at any price. — Theodore Roosevelt

depletion and climate change. For the older generation it's easy to misunderstand the word 'student' or 'graduate': to my contemporaries, at college in the 1980s, it meant somebody engaged in a liberal, academic education, often with hours of free time to dream, protest, play in a rock band or do research. Today's undergraduates have been tested every month of their lives, from kindergarten to high school. They are the measured inputs and outputs of a commercialized global higher education market worth $1.2 trillion a year - excluding the USA. Their free time is minimal: precarious part-time jobs are essential to their existence, so that they are a key part of the modern workforce. Plus they have become a vital asset for the financial system. In 2006, Citigroup alone made $220 million clear profit from its student loan book.2 — Paul Mason

Some of the largest financial institutions can build a profit model on tricking people. — Elizabeth Warren

The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees. — Alex Berenson

The financial collapse of 2008 got its start with predatory mortgages, that weren't sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way. — Elizabeth Warren

Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed. — Elizabeth Warren

In the foundation and development of a successful enterprise there must be a single-minded pursuit of financial profit. — C. Northcote Parkinson

Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings. — Jeremy Grantham

Nowhere does it say that investors should strive to make every last dollar of potential profit; consideration of risk must never take a backseat to return. Conservative positioning entering a crisis is crucial: it enables one to maintain long-term oriented, clear thinking, and to focus on new opportunities while others are distracted or even forced to sell. Portfolio hedges must be in place before a crisis hits. One cannot reliably or affordably increase or replace hedges that are rolling off during a financial crisis. — Seth Klarman

As demand for cotton grew, slavery was considered indispensable as a means of maximizing profit for this labor-intensive staple crop. Equally important, as we shall see, slaves could be financed - that is, purchased on credit. In financial parlance this is called leverage. Planters had one objective: increased cotton production. Arguments about the optimum size of a cotton farm are irrelevant because of slavery's financing characteristic. Simply put, the goal was more cotton, which called for financing the purchase of more land and more slaves. Because a mechanical means of solving cotton's production needs did not exist until the mid-twentieth century, cotton demanded an endless supply of black bodies as long as the price of cotton permitted financing. The Northerner Frederick Law Olmsted, — Gene Dattel

It is also painful to see that the struggle against hunger and malnutrition is hindered by market priorities, the primacy of profit, which have reduced foodstuffs to a commodity like any other, subject to speculation, also of a financial nature, The hungry remain, at the street corner, and ask to be recognized as citizens, to receive a healthy diet. We ask for dignity, not for charity. — Pope Francis

Exploitation thrives when it comes to the essentials, like housing and food. Most of the 12 million Americans who take out high-interest payday loans do so not to buy luxury items or cover unexpected expenses but to pay the rent or gas bill, buy food, or meet other regular expenses. Payday loans are but one of many financial techniques - from overdraft fees to student loans for for-profit colleges - specifically designed to pull money from the pockets of the poor.46 If the poor pay more for their housing, food, durable goods, and credit, and if they get smaller returns on their educations and mortgages (if they get returns at all), then their incomes are even smaller than they appear. This is fundamentally unfair. — Matthew Desmond

Mea culpa, mea culpa. MIT and Wharton and University of Chicago created the financial engineering instruments, which, like Samson and Delilah, blinded every CEO. They didn't realize the kind of leverage they were doing and they didn't understand when they were really creating a real profit or a fictitious one. — Paul Samuelson

Great Babylon" (16:19): though Babylon is not mentioned in Scripture between Genesis 11:9 (Babel is the Hebrew name for Bab-ili, which we render Babylon) and the days of Hezekiah, it had its own position in Hebrew thought. Though it had little political importance between its capture by the Kassites in 1530 BC and its being made the capital of a Chaldean empire in 626 BC, it was the virtually undisputed commercial and religious capital of the Fertile Crescent. So it is the personification, so to speak, for the Bible, of humanity organized for financial profit, and of manmade religion in all its attractive sophistry. These are the two aspects which are dealt with in chapters 17 (religion) and 18 (commerce). If we compare Nahum and Habakkuk, we shall learn something of the different impression created by the pride and cruelty of Assyria and the corruption of human nature which the prophet saw in Babylon. — F.F. Bruce

We have come to have no idea of profit other than financial profit. The delusion is that cheapness leads to plenty. But what use is plenty of rubbish? — Walter James

We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing. — Bill Drayton