#financial

If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed. ↗

— Manmohan Singh

#balance #banking #banking system #clean #clean up

It's almost sickening now that the regulators 'on the beat' while the biggest credit collapse in modern financial history unfolded are now patting themselves on the back for their 'brave' stance on short-selling! ↗

— James Chanos

#back #beat #biggest #brave #collapse

Part of your heritage in this society is the opportunity to become financially independent. ↗

— Jim Rohn

#become #financially #heritage #independent #opportunity

It's not easy to part with the trophies. However, I do need to have some long-term financial security for those close to me. ↗

— Bjorn Borg

#easy #financial #financial security #however #i

Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. ↗

— Janet M. Tavakoli

#finance #financial-crisis #hedge-funds #structured-finance #business

I feel that one of the most important lessons that can be learned is that what we "see" may be different than what is actually in front of us. ↗

— Mark Singer

#retirement #retirement-planning #change

I believe that the biggest mistake that most people make when it comes to their retirement is they do not plan for it. They take the same route as Alice in the story from “Alice in Wonderland,” in which the cat tells Alice that surely she will get somewhere as long as she walks long enough. It may not be exactly where you wanted to get to, but you certainly get somewhere. ↗

— Mark Singer

#retirement #change

Learn the lessons of history. Don't let how you feel about your tenure at your organization drive you to make poor investment decisions that could potentially derail a successful retirement. ↗

— Mark Singer

#retirement #retirement-planning #change

You'd think (losing his job and degree for having made false claims as a researcher) would be a lesson to him," said Miss Hillyard. "It didn't pay, did it? Say he sacrificed his professional honour for the women and children we hear so much about -- but in the end it left him worse of." But that," said Peter, "was only because he committed the extra sin of being found out. ↗

— Dorothy L. Sayers

#dishonesty #falsification #family #financial-distress #honor

I've found that the less stuff I own, the less my stuff owns me. ↗

— Nathan W. Morris

#freedom #minimalism #peace #freedom