Assets And Liabilities Quotes

• Most people... find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.

  James A. Baldwin

  Long, People, Mismatch

  59 Copy quote

• No one would look just at a firm's revenues to assess how well it was doing. Far more relevant is the balance sheet, which shows assets and liability. That is also true for a country.

  Joseph Stiglitz

  Country, Balance, Looks

  4 Copy quote

• Golf is the only-est sport. You're completely alone with every conceivable opportunity to defeat yourself. Golf brings out your assets and liabilities as a person. The longer you play, the more certain you are that a man's performance is the outward manifestation of who, in his heart, he really thinks he is.

  Hale Irwin

  Sports, Heart, Golf

  47 Copy quote

• Value investors will not invest in businesses that they cannot readily understand or ones they find excessively risky. Hence few value investors will own the shares of technology companies. Many also shun commercial banks, which they consider to have unanalyzable assets, as well as property and casualty insurance companies, which have both unanalyzable assets and liabilities.

  Seth Klarman

  Technology, Commercial Banks, Share

  15 Copy quote

• That's been lost. It's a huge problem. What you have is you have the major institutions of the world all wanting to deleverage. They want to take down their assets and liabilities. What seemed so easy to borrow against a year ago now looks like rat poison to them. So they're trying to deleverage. There is only one institution in the world that can leverage up in a way that's all a countervailing force to that, and that's the United States Treasury.

  Warren Buffett

  Years, Trying, Poison

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "Charlie Rose", www.cnbc.com. October 1, 2008.

  6 Copy quote

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• OWE, v. To have (and to hold) a debt. The word formerly signified not indebtedness, but possession; it meant "own," and in the minds of debtors there is still a good deal of confusion between assets and liabilities.

  Ambrose Bierce

  Confusion, Confusing, Mind

  Ambrose Bierce (2001). “The Unabridged Devil's Dictionary”, p.177, University of Georgia Press

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• It would be a very odd chancellor of any UK government that insisted on a course of action that cost their own businesses hundreds of millions of pounds, that blew a massive hole in their balance of payments and, because assets and liabilities go hand in hand, would potentially leave the rest of the UK shouldering the entirety of UK debt.

  Nicola Sturgeon

  Government, Hands, Balance

  6 Copy quote