Quotes about "Money & Wealth"

Sadly, in the highest levels of economic thought in government, questions are not tolerated. It is as if we're dealing with the binary thinking of a fundamentalist religion. ”

It is a tenet of my investment style that, on the subject of common stock investment, maximizing the upside means first and foremost minimizing the downside. The deleterious effect of permanent capital loss on portfolio returns cannot be overstated. ”

Back in 2005 and 2006, I argued as forcefully as I could, in letters to clients of my investment firm, 'Scion Capital', that the mortgage market would melt down in the second half of 2007, causing substantial damage to the economy. ”

The money never mattered. I'm not kidding you. It hasn't really brought me any kind of happiness. ”

We can only solve our biggest problems if we come together and embrace the freedoms that our Founding Fathers established right here in Philadelphia, which permitted our ancestors to create the great American exceptionalism that all of us now enjoy. ”

Look, we live in a very dangerous world. We know there are people who want to take away our freedoms. New Yorkers probably know that as much if not more than anybody else after the terrible tragedy of 9/11. ”

I do think there are certain times we should infringe on your freedom. ”

If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes. ”

And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that. ”

Many of America's and New York's sons and daughters are around the world fighting for the freedoms that the Statue of Liberty stands for. ”