If you consider yourself a part of the culture, then finances can't allow you to be bigger than the actual art form.
People who don't like scandals shouldn't be in finance.
Without music I wouldn't have the ability to be in business. The opportunity to be in business came with the finances from music and the notoriety that comes with being successful as an artist. So I see myself as an artist first, but I'm absolutely conscious of business.
I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.
The City is, in terms of its basic functioning, a far-off country of which we know little.
If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts of God, invention, financial stress and strain, weather, discovery, fashion and numberless other causes impossible to be listed without omission.
A good technician gets it right maybe 60% of the time. And a great technician, maybe 61% of the time.
I've been writing a lot, I've a few projects I'm trying to finance, I do some acting, I do some directing... Apart from that, if I could get lower than a 10 handicap on my golf game, I'd be thrilled.
The more anxious, isolated and time-deprived we are, the more likely we are to turn to paid personal services. To finance these extra services, we work longer hours. This leaves less time to spend with family, friends and neighbors; we become less likely to call on them for help, and they on us.
The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.
It's an extremely good thing that money sometimes changes hands.
Actually criminal sanctions that are given could be up to five years for violating the rules and regulations under the campaign finance reform. This is like the Alien and Sedition Act of years and years ago, decades ago.
In fact, corporate and union moneys go overwhelmingly to incumbents, so limiting that money, as Congress did in the campaign finance law, may be the single most self-denying thing that Congress has ever done.
But having said that, what's happening with campaign finance reform and our political culture is devastating.
My argument is: keep the bloody bottom line at the bottom. That's where it should be.
In the foundation and development of a successful enterprise there must be a single-minded pursuit of financial profit.
A successful trader studies human nature and does the opposite of what the general public does.
All these financiers, all the little gnomes of Zürich and the other financial centres, about whom we keep on hearing.
The little I know of it has not served to raise my opinion of what is vulgarly called the Monied Interest; I mean, that blood-sucker, that muckworm, that calls itself the friend of government.
In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
Discipline allows you to trade effectively. You can take your ego out of it. You can go wrong 60, 70% of the time and still make a lot of money. If you ignore the discipline of managing risk, you have to be right 80% of the time or more, and I don't know anyone who's that good.
There is time to go long, time to go short and time to go fishing.
Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.
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