Fund Quotes - Page 21

• This is to be observed of the Bishop of London, that, though apparently of a spirit somewhat austere, there is in his idiosyncrasy a strange fund of enthusiasm, a quality which ought never to be possessed by an Archbishop of Canterbury, or a Prime Minister of England. The Bishop of London sympathies with everything that is earnest; but what is earnest is not always true; on the contrary error is often more earnest than truth.

  Benjamin Disraeli

  Errors, Quality, Bishops

  Benjamin Disraeli's letter to Queen Victoria, November 4, 1868.

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• The power of discretionary disqualification by one law of Parliament, and the necessity of paying every debt of the Civil List by another law of Parliament, if suffered to pass unnoticed, must establish such a fund of rewards and terrors as will make Parliament the best appendage and support of arbitrary power that ever was invented by the wit of man.

  Edmund Burke

  Men, Law, Support

  Edmund Burke (2005). “Burke, Select Works”, p.73, The Lawbook Exchange, Ltd.

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• But to hear Kennedy when he was grandstanding in front of the McClellan Committee you might have thought I was making as much out of the pension fund as the Kennedys made out of selling whiskey.

  Jimmy Hoffa

  Mcclellan, Might, Whiskey

  "Hoffa The Real Story" by Jimmy Hoffa, (p. 121), 1975.

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• Prosperity can't be just for CEOs and hedge fund managers. Democracy can't be just for billionaires and corporations. Prosperity and democracy are part of your basic bargain, too.

  Hillary Clinton

  Democracy, Corporations, Prosperity

  Source: www.foxnews.com

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• Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.

  Michael Steinhardt

  Art, Assets, Form

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• You can give your Social Security check to any organization, public or private, or to individuals. You can donate it to your favorite political party. You can give the funds to a student scholarship - for your grandchildren, for example - or to somebody who has a medical need. Or you can invest your government check in free enterprise.

  Mark Skousen

  Party, Grandchildren, Government

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• Advocating the mere tolerance of difference between women is the grossest reformism. it is a total denial of the creative function of difference in our lives. Difference must be not merely toleration, but seen as a fund of necessary polarities between which our creativity can spark like a dialectic. Only then does the necessity for interdependency become unthreatening. Only within the interdependency of different strengths, acknowledged and equal, can the power to seek new ways of being in the world generate, as well as the courage and sustenance to act where there are no charters

  Audre Lorde

  Creativity, Differences, Creative

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• A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.

  Walter Lippmann

  Cutting, Useless, Facts

  Walter Lippmann, Julien C. Sprott (2015). “Drift and Mastery: An Attempt to Diagnose the Current Unrest”, p.74, University of Wisconsin Pres

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• Successful entrepreneurship is ultimately a matter of flair. But there is also a fund of practical knowledge to be acquired and, of course, the right legal and financial framework has to be provided for productive enterprise to develop.

  Margaret Thatcher

  Successful, Matter, Financial

  "Statecraft: Strategies for a Changing World". Book by Margaret Thatcher (p. 65), April 16, 2002.

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• I examined my Liberalism and found it like an addiction to roulette. Here, though the odds are plain, and the certainty of loss apparent to anyone with a knowledge of arithmetic, the addict, failing time and again, is convinced he yet is graced with the power to contravene natural laws. The roulette addict, when he invariably comes to grief, does not examine either the nature of roulette, or of his delusion, but retires to develop a new system, and to scheme for more funds.

  David Mamet

  Grief, Loss, Odds

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• If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.

  Warren Buffett

  Average, Years, People

  Berkshire Hathaway Annual Meeting, 2004.

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• 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

  Law, Leader, Peers

  Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.151, John Wiley & Sons

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• The mere state of being without funds is a neutral fact constitutionally an irrelevance, like race, creed, or color.

  Robert H. Jackson

  Irrelevance, Race, Color

  "Edwards v. California, 314 U.S. 160, 184". Judicial opinion, 1941.

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• I would urge the government to allocate more funds toward fighting cancer. My own situation, it made me think. It made me think about the potential of dying. I wouldn't say I was scared. I'm more scared of how it will happen than of it happening. I'm not scared that I'm going to die. I think of how I'm going to die ... I don't want to linger. That scares me a little. The idea of lingering.

  Arnold Palmer

  Cancer, Fighting, Thinking

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

  Anthony Trollope

  Money, Men, Forget

  Anthony Trollope (2016). “Anthony Trollope: The Chronicles of Barsetshire & The Palliser Novels (Unabridged): The Warden + The Barchester Towers + Doctor Thorne + Framley Parsonage + The Small House at Allington + The Last Chronicle of Barset + Can You Forgive Her? + The Prime Minister + Eustace Diamonds...”, p.81, e-artnow (Open Publishing)

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• The persistent advocates of contraceptive-style sex education have become more and more resourceful in using taxpayer funds to impose their casual-sex attitudes and explicit-sex instruction on other people's children.

  Phyllis Schlafly

  Sex, Attitude, Children

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• The trouble is that privacy is at once essential to, and in tension with, both freedom and security. A cabinet minister who keeps his mistress in satin sheets at the French taxpayer's expense cannot justly object when the press exposes his misuse of public funds. Our freedom to scrutinise the conduct of public figures trumps that minister's claim to privacy. The question is: where and how do we draw the line between a genuine public interest and that which is merely what interests the public?

  Timothy Garton Ash

  Mistress, Lines, Cabinets

  "Whether it's hacking or the NSA, some of us don't accept that privacy is dead". www.theguardian.com. October 31, 2013.

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• Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself.

  Benjamin Graham

  Growth, Defeat, Teach

  "Storage and Stability". Book by Benjamin Graham. Part II, Chapter VIII,Ultimate Uses of the Stored Units, p. 103, 1937.

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• When you can identify a specific tax that people don't like, and this is one that was designed for the Rockefellers, for the Carnegies in 1916, to fund World War I, but now it's beginning to hit small business people, real estate holders, a lot of people well down the income scale who just spent a life building assets. Suddenly they get hit with a 40%, 50% tax rate.

  Paul Gigot

  Real, War, People

  Estate Tax Debate, www.pbs.org. June 08, 2000.

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• As for another profession ... I suppose I'd manage a global-macro hedge fund. I love that kind of stuff. Weird, I know, but I find it fascinating.

  Nicholas Sparks

  Stuff, Kind, Macro

  Source: www.washingtonpost.com

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• We cannot simply speak out against an escalation of troops in Iraq, we must act to prevent it... There can be no doubt that the Constitution gives Congress the authority to decide whether to fund military action, and Congress can demand a justification from the president for such action before it appropriates the funds to carry it out.

  Edward Kennedy

  Military, Speaks Out, Iraq

  "Official: First wave of troops to Iraq by Jan. 30". www.nbcnews.com. January 9, 2007.

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• A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the biggest computer can analyze everyone else to their advantage and concentrate wealth and power. It's shrinking the overall economy. I think it's the mistake of our age.

  Jaron Lanier

  Mistake, Thinking, Ideas

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• Population regulates itself by the funds which are to employ it, and therefore always increases or diminishes with the increase or the diminution of capital. Every reduction of capital is therefore necessarily followed by a less effective demand for corn, by a fall in price, and by a diminished cultivation.

  Thomas Malthus

  Fall, Population, Demand

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• The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.

  Erik Naggum

  Reading, Simple, Dwarves

  "Is it ok if I quote?". Usenet discussion groups, groups.google.com. September 23, 2002.

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• Private-equity and hedge-fund guys typically come into a situation of mediocrity, where rapid change may result in a profit.

  Austin Ligon

  Guy, May, Mediocrity

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