Funds Quotes & Sayings

The federal and state governments should ban the use of taxpayer funds to support cloning and embryonic stem cell research. — Sandy Adams

People look at black pride in America and sport's impact on it. In the major cities it took off the first time Jackie Robinson stole home. In the deep South, it started with Eddie Robinson, who took a small college in northern Louisiana with little or no funds and sent the first black to the pros and made everyone look at him and Grambling. — Jerry Izenberg

The new rule of thumb is that 80% of a president's time must be spent in raising funds for their schools. — James E. Rogers

Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills' - 'Senator, if I seem clear to you, you must have misunderstood me' - 'Unfortunately, Senator, nobody knows where the next innovative idea is coming from. Political decisions are never random and will always lose out to innovative alternatives — Alan Greenspan

We were constantly appealing for funds from readers when I edited 'The Black Dwarf' in 1968-69. — Tariq Ali

I would rather have as my patron a host of anonymous citizens digging into their own pockets for the price of a book or a magazine than a small body of enlightened and responsible men administering public funds. I would rather chance my personal vision of truth striking home here and there in the chaos of publication that exists than attempt to filter it through a few sets of official, honorably public-spirited scruples. — John Updike

If a marriage is valued at ten thousand, surely I might have a waltz for three hundred."
Her fingers clenched into very determined-looking fists. "So you know about the debt."
He nodded. "If I'd known the prize, I might have wagered a larger sum against your brother."
"I am not for sale."
Clearly he could argue with that, but from the abrupt horror in her grass green eyes, she'd realized that at the same moment she'd spoken. 'Horror.' He'd been forced into things he didn't relish by the lure of funds- or of having them cut off- but the blunt had been the reward for compliance. What was her reward? Marriage to Cosgrove? — Suzanne Enoch

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund. — Paul Samuelson

The government is there day in and day out, if you want all kids to have education, if you want to run courts, if you want to have an army, if you want to have roads, you've got to have the taxation system that funds everything that you expect. — Bill Gates

Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks. — Scott Cook

Most parents have college funds and things. I don't. I call myself the "hood daddy." I got their money in cash, stashed up. I don't have plans for my kids. I just want them to be happy. — Fetty Wap

My position is that I am personally opposed to abortion, but I don't think I have a right to impose my view on the rest of society. I've thought a lot about it, and my position probably doesn't please anyone. I think the government should stay out completely. I will not vote to overturn the Court's decision. I will not vote to curtail a woman's right to choose abortion. But I will also not vote to use federal funds to fund abortion. — Joe Biden

Education should be a right, not a privilege. We need a revolution in the way that the United States funds higher education. — Bernie Sanders

I was involved with Wells Fargo Bank as a consultant in the late 1960s and early 1970s, when I suggested to them that they develop a product that has become known as index funds. — Myron Scholes

When I was laying there in his arms nothing else mattered. My parents, my lack of funds, everything just seemed to melt away as I was lost in his lips- Bentley Evans — Magan Vernon

I really took the lead on putting together the real estate fund-to-funds. Real estate was always interesting to me. — Joe Montana

I know that New York City remains the highest density urban area in the country and by far dedicates more of its own funds to fighting terrorism than any other municipality. — Jose Serrano

I prefer to see a good exhibit sponsored by a brand than a bad exhibit due to lack of funds. — Dries Van Noten

Nouns now turn overnight into verbs. We target goals and we access facts. Train conductors announce that the train won't platform. A sign on an airport door tells me that the door is alarmed. Companies are downsizing. It's part of an ongoing effort to grow the business. "Ongoing" is a jargon word whose main use is to raise morale. We face our daily job with more zest if the boss tells us it's an ongoing project; we give more willingly to institutions if they have targeted our funds for ongoing needs. Otherwise we might fall prey to disincentivization. — William Zinsser

What's behind these terribly low diagnostic rates? "One of the reasons celiac disease is so grossly underdiagnosed in this country," says Dr. Green, "is that the pharmaceutical industry has such a major role in the direction of health care here. In many countries around the world, where there are national health plans, doctors are actively encouraged to diagnose celiac disease. In this country, the pharmaceutical industry provides eighty percent of the money for medical research. It also provides a lot of money for postgraduate education, and there just aren't any drug companies that are interested in researching celiac disease. There's basically no money in it - no drug company will provide funds for the research." Simply put: Since there are no drugs to treat celiac disease, pharmaceutical companies stand to gain no profits from encouraging its diagnosis. — Elisabeth Hasselbeck

I don't think religious groups should be allowed to apply for federal funds to start new ministries they have not been doing before the funding was available. — Jerry Falwell

A decade ago, I really did believe that the average investor could do it himself. I was wrong. I've come to the sad conclusion that only a tiny minority, at most one percent, are capable of pulling it off. Heck, if Helen Young Hayes, Robert Sanborn, Julian Robertson, and the nation's largest pension funds can't get it right, what chance does John Q. Investor have? — William J. Bernstein

In London there was no home cooking worthy of the name. When you were in funds you ate out. But only the people whose faces appeared in such publications as Town and Queen could afford to eat in restaurants serving food which would leave them looking and feeling better instead of worse. — Clive James

I invest in funds myself even though I run my own fund for my daughters. — Jim Cramer

The normal expectancy of the average investor - for example, the pension funds of AT&T or IBM - is 6% for a long time. — Charlie Munger

I urge Governments to considerably reduce funds allocated to the military, not only as a disarmament issue, but also as a potential contributor to social and environmental protection and call for the holding of referenda on this issue worldwide. — Alfred-Maurice De Zayas

When a person earns money, it makes sense if he spends it himself. It's a shame when a person earns money, and some strange funds spend it. — Sergey Galitsky

The Misfits pretty much funds the Misfits. It used to cost me money to be in the band. I think we got paid the last gig we ever did. After that, we had to work to support our families. — Jerry Only

Life is good to those who know how to live. I do not ever hope to accumulate great funds of worldly wealth, but I shall accumulate something far more valuable, a store of wonderful memories. When I reach the twilight of life I shall look back and say I'm glad I lived as I did, life has been good to me. — Sigurd F. Olson

A man will be generally very old and feeble before he forgets how much money he has in the funds. — Anthony Trollope

The corporate killer downsizing is directly responsive to what the mutual funds have wanted. — Jim Cramer

When a population saves a lot, the funds are invested outside the country as well as inside. If the Japanese invest in the United States, it pushes their exchange rate down and makes their manufacturing more competitive. — Evan Davis

The financial capital is being concentrated by corporations, institutional investors, and even our pension funds, and being reinvested in companies that repeat this process because it provides the highest return on that financial capital. — Paul Hawken

Scientists who dissent from the alarmism have seen their grant funds disappear, their work derided, and themselves libeled as industry stooges, scientific hacks or worse. Consequently, lies about climate change gain credence even when they fly in the face of the science that supposedly is their basis. — Richard Lindzen

Practically overnight the budgets of federal law enforcement agencies soared. Between 1980 and 1984, FBI antidrug funding increased from $8 million to $95 million.73 Department of Defense antidrug allocations increased from $33 million in 1981 to $1,042 million in 1991. During that same period, DEA antidrug spending grew from $86 to $1,026 million, and FBI antidrug allocations grew from $38 to $181 million.74 By contrast, funding for agencies responsible for drug treatment, prevention, and education was dramatically reduced. The budget of the National Institute on Drug Abuse, for example, was reduced from $274 million to $57 million from 1981 to 1984, and antidrug funds allocated to the Department of Education were cut from $14 million to $3 million.75 — Michelle Alexander

Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. — Oscar Ameringer

Most active mutual funds are more interested in collecting fees than in boosting returns for investors. — David F. Swensen

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated. — George Soros

Compassion is the use of public funds to buy votes — Thomas Sowell

Life is constantly providing us with new funds, new resources, even when we are reduced to immobility. In life's ledger there is no such thing as frozen assets. — Henry Miller

A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum. — David F. Swensen

In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress. — Peter Lynch

Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors. — John C. Bogle

Scripture offers the unique access to the story of redemption and then, in turn, funds tradition, reason and experience, as God's Word is remembered, experienced, and thought about. — Clark H. Pinnock

We have co-opted seed funds. You know, Y Combinator, that was completely our money. We have secret handshakes with a whole bunch of people. Very dangerous, because word gets out that so-and-so's money is Sequoia's money, that would not be a good thing. — Douglas Leone

There's no doubt that Iran funds and supplies Hamas with weapons. — John Bolton

I know that a man who tries to convert me to any cause
is actually at work on his own conversion,
unless he is looking for funds under the mask of some fancied nobility. — Ben Hecht

The Nuffield report suggests that there is a moral imperative for investment into GM crop research in developing countries. But the moral imperative is in fact the opposite. The policy of drawing of funds away from low-cost sustainable agriculture research, towards hi-tech, exclusive, expensive and unsafe technology is itself ethically questionable. There is a strong moral argument that the funding of GM technology in agriculture is harming the long-term sustainability of agriculture in the developing world. — Tewolde Berhan Gebre Egziabher

If those millions squandered on designing missionaries had been deposited in funds for the support of yourselves, when old age, misfortune, or sickness (from which none are exempt,) overtakes you, or for the distressed of your race, what a heaven of happiness you would have created on earth: ye would now be an ornament to your sex, and ages to come would call you blessed. But it is in vain to try - a priest-ridden female is lost to reason. Why? because she has surrendered her reason to the ... missionaries ... the orthodox; they are the grand deceivers ... — Anne Royall

Since when do grown men and women, who presume to hold high government office and exercise what they think of as "moral leadership," require ethics officers to tell them whether it is or isn't permissible to grab the secretary's behind or redirect public funds to their own personal advantage? — Meg Greenfield

I'm a third son. Perpetually short of funds, I'm afraid.'
'Ha! You're as plump in the pocket as at least three earls,' Lady Danbury said ...
Colin smiled blandly. 'Isn't it considered impolite to talk about money in mixed company?'
Lady Danbury let out a noise that was either a wheeze or a giggle - Colin wasn't sure which - then said, 'It's always impolite to talk about money, mixed company or no — Julia Quinn

When the fountains of government [borrowing] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the state was forced to check the extension of bureaucracy and to put a stop to public works, then and then only did the Italians realize what it meant to have allowed themselves to be made one of the most heavily taxed nations in the world. — John T. Flynn

This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation. — Eric Kierans

Whether or not the U.S. government funds circumvention tools, or who exactly it funds and with what amount, it is clear that Internet users in China and elsewhere are seeking out and creating their own ad hoc solutions to access the uncensored global Internet. — Rebecca MacKinnon

While the visible victims may draw the headlines and attract indignant protests from so-called "pro-life" organizations, the invisible victims are people like you and me who will suffer from diseases that are never cured because funds are being poured down a healthcare sieve in order to maintain permanently-unconscious bodies on complex and costly forms of life support. — Jacob M. Appel

The Catholic Church also opposes any effort to make it easier to deport children; last week, the archbishop of Chicago, Cardinal Francis E. George, said he had offered facilities in his diocese to house some of the children, and on Monday, bishops in Dallas and Fort Worth called for lawyers to volunteer to represent the children at immigration proceedings. "We have to put our money where our mouth is in this country," said Kevin Appleby, the director of migration policy for the United States Conference of Catholic Bishops. "We tell other countries to protect human rights and accept refugees, but when we get a crisis on our border, we don't know how to respond." Republicans have rejected calls by Democrats for $2.7 billion in funds to respond to the crisis, demanding changes in immigration law to make it easier to send children back to Central America. And while President Obama says he is open to some changes, many Democrats have opposed them, and Congress is now deadlocked. — Anonymous

Driving back to Portland I'd puzzle over my sudden success at selling. I'd been unable to sell encyclopedias, and I'd despised it to boot. I'd been slightly better at selling mutual funds, but I'd felt dead inside. So why was selling shoes so different? Because, I realized, it wasn't selling. I believed in running. I believed that if people got out and ran a few miles every day, the world would be a better place, and I believed these shoes were better to run in. People, sensing my belief, wanted some of that belief for themselves. Belief, I decided. Belief is irresistible. Sometimes — Phil Knight

This bill, by vesting the power to withhold or terminate Federal funds, creates a concentration of power of economic coercion unequaled in the history of governments-a power concentration which defies the experience of mankind with the temptation of power to corrupt. — Strom Thurmond

I think the funds that have been pledged at Euro Summit, combined with the outcome of the private sector involvement process should be sufficient in order to support financially the Greek Economy. — Lucas Papademos

Hint: money flows into most funds after good performance, and goes out when bad performance follows. — John C. Bogle

The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund. — Peter Lynch

Move your personal investments and retirement funds to socially responsible investment (SRI) funds that support only those corporations that uphold higher standards of behavior. Returns on SRI funds are usually equal to, if not better than, many of the well-known traditional mutual funds. — Simon Mainwaring

Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund. — Gary Weiss

Failure to use tax money to finance things not liked by the taxpaying public is routinely called 'censorship.' If such terminology were used consistently, virtually all of life would be just one long, unending censorship, as individuals choose whether to buy apples instead of oranges, vacations rather than violins, furniture rather than mutual funds. But of course no such consistency is intended. This strained use of the word 'censorship' appears only selectively, to describe public choices and values at variance with the choices and values of the anointed. — Thomas Sowell

To do what we are doing in this budget to our children, cutting their health care funds, decreasing opportunity, simply so we can pay for tax cuts and a war in Iraq is beyond belief, and we need to reverse it. — Tom Allen

Let us more and more insist on raising funds of love, of kindness, of understanding, of peace. Money will come if we seek first the Kingdom of God - the rest will be given. — Mother Teresa

For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated. — Warren Buffett

Do you think that I or anybody else who cares about the NHS would stand by and do nothing if we thought the NHS was going to be privatised in Scotland and its funds were going to be cut? Would we stand back and do nothing without a fight? Of course not. — Gordon Brown

But what will happen, and I got this from reliable sources, is that the International Monetary Fund will skedaddle from D.C., possibly to Singapore or Beijing, and then they're going to make an IMF recovery plan for America, divide the country into concessions, and hand them over to the sovereign wealth funds. Norway, China, Saudi Arabia, all that jazz. — Gary Shteyngart

He [Thomas Edison] considered [money] as a raw material, like metal, to be used rather than amassed, and so he kept plowing his funds into new projects. Several times he was all but bankrupt. But he refused to let dollar signs govern his actions. — Charles Edison

Alberta funds almost all its schools and districts to design and evaluate their own innovations. Teachers are the drivers of change, not the driven. — Andy Hargreaves

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college. — Noam Chomsky

The American Type Culture Collection - a nonprofit whose funds go mainly toward maintaining and providing pure cultures for science - has been selling HeLa since the sixties. When this book went to press, their price per vial was $256. The ATCC won't reveal how much money it brings in from HeLa sales each year, but since HeLa is one of the most popular cell lines in the world, that number is surely significant. — Rebecca Skloot

In many parts of India, chit funds address gaps left by the traditional banking sector. — R. Vaidyanathan

An information operations team was sent to Afghanistan to conduct various psychological operations on the Afghans and Taliban. The team was then asked not to focus on the Taliban but on manipulating senators into giving more funds and troops [to the war]. — Michael Hastings

While the budget resolution is a nonbinding blueprint, it is, nevertheless, an important guideline for Congress. Once the President's proposed budget is received by Congress on the first Monday of February, Congress generally goes to work on appropriating the funds required. — Marsha Blackburn

The currencies of science are discoveries and ideas; the rewards are the excitement of going where nobody has been before and, if one is inclined to such things, the kudos of peer acclaim, plus funds to do more research. — John Sulston

The deeper one delves, the worse things look for actively managed funds. — William J. Bernstein

If you find that you are short of funds in the field, remember that any paper can be mind augmented to perform in the place of real money. — Matt Kindt

As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics and home appliances - that are ballasts of the American economy. When those purchases decline, large manufacturing firms, suddenly short on funds, could begin laying off employees. — Charles Duhigg

Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains. — John C. Bogle

I should have considered it wrong to have finished the Frieze before the room for its accommodation and the funds for its completion were available. — Edvard Munch

A good financial planner is going to do more than pick your funds. — Dave Ramsey

The banker, therefore, is not so much primarily a middleman in the commodity "purchasing power" as a producer of this commodity. However, since all reserve funds and savings today usually flow to him, and the total demand for free purchasing power, whether existing or to be created, concentrates on him, he has either replaced private capitalists or become their agent; he has himself become the capitalist par excellence. — Joseph A. Schumpeter

As the funds you will expend have come from many places in the world, so let there be no territorial, religious, or color restrictions on your benefactions, but beware of organized, professional charities with high-salaried executives and a heavy ratio of expense. — Conrad Hilton

If the money we donate helps one child or can ease the pain of one parent, those funds are well spent. — Carl Karcher

It was not always the case, of course, that navies paid for themselves. In wartime, costs often exceeded revenues, and those deficits grew over time as fleets and armies got bigger. But this was hardly an insurmountable obstacle for the most dynamic economies in the world. The United Provinces and England were able to borrow all they needed to underwrite their defense budgets. The pressures of war gave a powerful impetus to the growth of stocks, bonds, loans, and paper currencies during the late seventeenth and early eighteenth centuries and helped to turn Amsterdam and then London into international financial centers. To take one example, the Bank of England was established in 1694 to raise funds to allow England to wage war against France. — Max Boot

Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes. — Burton Malkiel

We can extrapolate from the study that for the long term individual investor who maintains a consistent asset allocation and leans toward index funds, asset allocation determines about 100% of performance. — Roger G. Ibbotson

Funds are low again, hallelujah! That means God trusts us and is willing to leave His reputation in our hands. — Charles Studd

If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy. — Muriel Siebert

There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds. — Peter Drucker

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms. — Toshihiko Fukui

Most of the mutual fund investments I have are index funds, approximately 75%. — Charles R. Schwab

I went to art school for about a year. I was born and raised in the Willamette Valley in Oregon into a middle-class family who didn't have the funds to say, "Here, kid. Here's your money for school." So I worked real hard during the summer and saved money and was able to go to school for a year and borrowed a little money which I paid back after that first year. — Mike Royer

It is because of me that today the union government has sanctioned special funds for the development of Bihar. — Lalu Prasad Yadav

I am opposed to the use of public funds for private education. — Jonathan Kozol

If one is to use public funds he must accept a responsibility to the public. — Thomas Francis Jr.

Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidence, these folks aren't about to give up on actively managed funds themselves. A tad delusional? I think so. Picking the best-performing funds is 'like trying to predict the dice before you roll them down the craps table,' says an investment adviser in Boca Raton, FL. 'I can't do it. The public can't do it.' — Paul Samuelson

Large-caps were safe in 1996, '97, '98. Everybody was buying index funds and Nifty Fifty funds. As long as money was pouring in, it was great. — Louis Navellier