You don't get rewarded for taking risk; you get rewarded for buying cheap assets. And if the assets you bought got pushed up in price simply because they were risky, then you are not going to be rewarded for taking a risk; you are going to be punished for it.
Curiosity is an asset mostly frittered away.
In adding up her assets, the ambitious lady calculated the worth of her beautiful body as coldly as everything else.
I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.
The assets you want to buy are the ones people have to sell.
Bulgaria has been deindustrialized by interest groups who extracted state assets like oil states extract the oil in their ground.
The most important assets we have are our bodies and our energy which can be put to good use as resources in political activism for poor and working people.
The U.S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time.
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.
Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.
Storytelling is an act of cruelty. We are cruel to our characters because to be kind is to invite boredom, and boredom in storytelling is synonymous with big doomy death-shaped death. So: be cruel to your protagonist. Rob him of something. Something important. Something he needs. A weapon. An asset. A piece of knowledge. A loved one. A DELICIOUS PIE. Take it away! Force him to operate without it. Conflict reinvigorates stale stories. New conflict, or old conflict that has evolved and grown teeth.
If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.
When you're acting, you're subjective; when you're a director, you're more objective.You're kind of watching from the outside and helping others, and therefore I learn my mistakes through others, and also my assets through others.
One's strongest asset is simultaneously his point of strongest vulnerability.
Rich don't work for money. They work for assets.
I believe in infrastructure, I believe in investing in your hard assets. Where I think government starts to fail is when it starts getting itself weighed down with the social programs. And I think the American public just feels like a lot of that money is tossed aside and wasted.
Try to buy assets at a discount than to buy earnings.
Imagination is a valuable asset in business and she has a sister, Understanding, who also serves. Together they make a splendid team and business problems dissolve and the impossible is accomplished by their ministrations.... Imagination concerning the world's wants and the individual's needs should be the Alpha and Omega of self-education.
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively small if any positive impacts on bank lending, employment, wages or economic growth, so ordinary people haven't had much help. By the third round of QE in 2012-2014, the effects had likely muted quite a bit. There were probably not big impacts on asset prices from QE and the positive effects on employment growth might have strengthened somewhat.
There is no doubt that the Fed's large-scale asset purchases have caused major increases in a number of asset prices in the economy. This is especially true of mortgage backed securities and corporate bonds, and quite possibly of equities as well. For those people and institutions holding those things, the run up in prices has been a wealth bonanza.
After [Dan Fried] was initially hired into the Foreign Service in 1977, five subsequent presidents of both parties thought it would be a good idea to keep him on. That his deep understanding, his knowledge of all the players and so many of the secrets it would make him an indispensable asset, particularly when it comes to dealing with Russia.
ISIS is the near-term threat, and that the longer - or the mid-term challenge is managing the rise of China. There's some evidence that that's the thinking of the [Donald Trump] administration. That's a perfectly reasonable approach. Well, if that's the case, then you surely want to have a united West to deal with both, and you want to have Russia alongside, but maybe not this Russia while it's busy trying to undermine your chief asset, which is a united West.
If Putin likes Donald Trump, I consider that an asset, not a liability, because we have a horrible relationship with Russia.
There was one element of my childhood that was really a positive asset for me. By moving a lot, I learned to assimilate into whatever new surroundings I had and to become very comfortable with people quickly. I think that was one of the strongest contributing factors to my becoming an actor, because I constantly had to readjust, even reinvent. But at the same time, it also became very easy for me not to become attached to people, places, or things. I learned to enjoy people and places for the time I had, for the moment, to be in the moment, and move on.
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