Prudential Quotes & Sayings

I've likened it to another major corporate announcement for Alliance. Not only does Prudential bring capital into the Alliance program, but through the relationship we will be able to build with them. We may have some opportunities to do some future development with them in an extension of this partnership. — Mike Berry

The ethical rule is from Samuel Johnson who believed that maintenance of easily removable ignorance by a responsible office holder was treacherous malfeasance in meeting moral obligation. The prudential rule is that underlying the old Warner & Swasey advertisement for machine tools: "The man who needs a new machine tool, and hasn't bought it, is already paying for it". The Warner & Swasey rule also applies, I believe, to thinking tools. If you don't have the right thinking tools, you, and the people you seek to help, are already suffering from your easily removable ignorance. — Charlie Munger

Of all arguments against love, none makes so strong an appeal to my nature as "Careful! This might lead you to suffering."

To my nature, my temperament, yes. Not to my conscience. When I respond to that appeal I seem to myself to be a thousand miles away from Christ. If I am sure of anything I am sure that His teaching was never meant to confirm my congenital preference for safe investments and limited liabilities. I doubt whether there is anything in me that pleases Him less. And who could conceivably begin to love God on such a prudential ground-- because the security (so to speak) is better? Who could even include it among the grounds for loving? — C.S. Lewis

1924 A revival meeting seems never to get under my skin. Perhaps I am too fish-blooded to enjoy them. But I object not so much to the emotionalism as to the lack of intellectual honesty of the average revival preacher. I do not mean to imply that the evangelists are necessarily consciously dishonest. They just don't know enough about life and history to present the problem of the Christian life in its full meaning. They are always assuming that nothing but an emotional commitment to Christ is needed to save the soul from its sin and chaos. They seem never to realize how many of the miseries of mankind are due not to malice but to misdirected zeal and unbalanced virtue. They never help the people who corrupt family love by making the family a selfish unit in society or those who brutalize industry by excessive devotion to the prudential virtues. — Reinhold Niebuhr

I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system. — Nouriel Roubini

The prudential regulation that I have put in place has been absolutely critical. The fiscal policy which we have put in place has been absolutely critical and if people looked at Australia now turn its back on economic reform, which of course industrial relations rollback or throwback would be, let me tell you, that would really start affecting confidence. — Peter Costello

I don't want to tell you how much insurance I carry with the Prudential, but all I can say is: when I go, they go too. — Jack Benny

Doing something because God has said to do it does not make a person moral: it merely tells us that person is a prudential believer, akin to the person who obeys the command of an all-powerful secular king. — Alan Dershowitz

IN 1959, Oppenheimer attended a conference in Rheinfelden, West Germany, sponsored by the Congress on Cultural Freedom. He and twenty other world-renowned intellectuals gathered in the luxurious Saliner Hotel on the banks of the Rhine near Basel to discuss the fate of the Western industrialized world. Safe in this cloistered environment, Oppenheimer broke his silence on nuclear weapons and spoke with uncharacteristic clarity about how they were seen and valued in American society. "What are we to make of a civilization which has always regarded ethics as an essential part of human life," he asked, but "which has not been able to talk about the prospect of killing almost everybody except in prudential and game-theoretical terms? — Kai Bird

The Conservative Mind describes a cast of intellect or a type of character, an inclination to cherish the permanent things in human existence. On many prudential questions, and on some general principles, conservatives may disagree from time to time among themselves; so this book offers a certain diversity of opinions. Yet the folk called "conservative" join in resistance to the destruction of old patterns of life, damage to the footings of the civil social order, and reduction of human striving to material production and consumption. — Russell Kirk

Self-love, in a well-regulated breast, is as the steward of the household, superintending the expenditure, and seeing that benevolence herself should be prudential, in order to be permanent, by providing that the reservoir which feeds should also be fed. — Charles Caleb Colton

I'm sick of always doing the professional thing for prudential reasons.' I — Ross Macdonald

Born in other countries, yet believing you could be happy in this, our laws acknowledge, as they should do, your right to join us in society, conforming, as I doubt not you will do, to our established rules. That these rules shall be as equal as prudential considerations will admit, will certainly be the aim of our legislatures, general and particular. — Thomas Jefferson

I have this theory," says Andy Stone, seated in his office at Prudential-Bache Securities. "Wall Street makes its best producers into
managers. The reward for being a good producer is to be made a
manager. The best producers are cutthroat, competitive, and often
neurotic and paranoid. You turn those people into managers, and they go
after each other. They no longer have the outlet for their instincts that
producing gave them. They usually aren't well suited to be managers.
Half of them get thrown out because they are bad. Another quarter get
muscled out because of politics. The guys left behind are just the most
ruthless of the bunch. That's why there are cycles on Wall Street - why
Salomon Brothers is getting crunched now - because the ruthless people
are bad for the business but can only be washed out by proven failure. — Michael Lewis

But in the financial markets, without proper institutional rules, there's the law of the jungle - because there's greed! There's nothing wrong with greed, per se. It's not that people are more greedy now than they were 20 years ago. But greed has to be tempered, first, by fear of losses. So if you bail people out, there's less fear. And second, b prudential regulation and supervision to avoid certain excesses. — Nouriel Roubini

Nothing, indeed, could be more unlike the tone of the [Patristic] Fathers, than the cold, passionless, and prudential theology of the eighteenth century; a theology which regarded Christianity as an admirable auxiliary to the police force, and a principle of decorum and of cohesion in society, but which carefully banished from it all enthusiasm, veiled or attenuated all its mysteries, and virtually reduced it to an authoritative system of moral philosophy. — William Edward Hartpole Lecky

For seven years after college, I was a waitress at the Buttercup Bakery in Berkeley, and from there I got a job at Merrill Lynch as an account executive, from where I went to vice president of investments for Prudential-Bache Securities. I started my own firm in 1987. — Suze Orman

There is an ever-widening gap between what science allows and what we should actually do. There are many doors science can open that should be kept closed, on prudential or ethical grounds. — Martin Rees

Arrogance is inimical to prudential reasoning, to accepting that for all we know and learn we also accumulate ignorance of the questions we do not ask, the risks we do not and cannot comprehend. In short, arrogance is what causes us to ignore our fallibilities. — Ziauddin Sardar