Finance Quotes

“A deep understanding of financial statements, accounting principles, and financial markets is crucial for overseeing the company's financial performance and making sound investment decisions.”
― Hendrith Vanlon Smith Jr., Board Room Blitz: Mastering the Art of Corporate Governance

“Financial health is the lifeblood of any organization. It's the engine that drives growth, innovation, and long-term sustainability. A company's financial performance determines its ability to invest in new products or services, attract and retain top talent, weather economic downturns, and ultimately, fulfill its mission.”
― Hendrith Vanlon Smith Jr., Board Room Blitz: Mastering the Art of Corporate Governance

“Ideas without capital are like seeds without soil. It's capital that turns business potential into business productivity.”
― Hendrith Vanlon Smith Jr.

“The flow of financial capital dictates the rhythm of social progress.”
― Hendrith Vanlon Smith Jr.

“Look here! This is the "all-seeing eye," a symbol of the Holy Trinity in Christianity. And these words "In God We Trust". They want God to only protect them. The United States, founded over a hundred and fifty years ago, is like the youngest child demanding all the best from their parents.”
― Tedatom Nguyễn Mạnh Cường

“Wall Street works hard to make sure we focus on growing our net worth, but is that truly our goal? Is “more and more” really the answer, or are you being tricked into being a consumer who asks the wrong questions?”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“In our race to show off our wealth, we are more like a rat on a wheel consuming material goods while trying
to keep up with the Jones family.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“Homes, and other purchases like it, supposedly prove to our community that we have money, but many times these purchases are just signaling to others that we used to have money.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“Anything that is taxed by the government, like a house or car, will forever require income to keep it in your life. This means that when we dream of living in a
fancy mansion with chandeliers, we’re really yearning to fill our life with additional cost and financial burden.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“Treat debt the same as a really sharp sword. Use debt sparingly for well-thought-out reasons. Maintain debt properly. Aim to retire your debts at a reasonable point in the future.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“The way we measure the cost of something should change so we aren’t measuring the purchase price alone. We all need to be more aware of the cost of maintaining our lifestyle.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“A portfolio can only be “seen” as the data representing the holdings in each account, which means that your monthly investment statement is not actually your portfolio of stocks and bonds. Instead, the investment
statement is more like the wrapper or costume between you and your money.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“Millionaires and Billionaires buy assets, tangible, and intangible. Therefore, in most cases properties are bought alongside expensive cars, the value that is stored in such purchases has a higher interest in the longer term, even though some are depreciating assets and liabilities”
― David Sikhosana, Time Value of Money: Timing Income

“Being unlimited in your vision and goals but limiting your exposure in some ways is a great risk analysis strategy”
― David Sikhosana, Time Value of Money: Timing Income

“Investasi adalah kunci kebebasan keuangan.”
― Robert T. Kiyosaki, Rich Dad's Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

“Yoda was wrong. It’s credits that bind the galaxy together.”
― Paul Ens, Star Wars: Evasive Action - Recruitment

“Якби ми спробували усунути шум в освіті, нам довелося б витратити багато коштів. Оцінювання учнів з боку вчителів зашумлене, але не можна посадити п’ять педагогів оцінювати одну учнівську роботу.”
― Деніел Канеман, Noise: A Flaw in Human Judgment

“In the bull season, you trade attention, not the fundamentals. Attention equals liquidity and it is your duty to follow the money.”
― Olawale Daniel

“Creating an algorithmic trading system should be every trader's goal. Yet, developing a trading system can be overwhelming since it involves several moving parts. Another challenge is that today's markets require an algorithm that adapts to different market conditions. In "Algorithmic Trading 101" Jacinta Chan sets you up by starting with the basics and walking you through the process, step-by-step. She touches on all aspects of a trading system. After going through the entire process detailed in the book, the trader will be ready to develop a customized trading system that follows the principles of professional traders."

Jayanthi Gopalakrishnan, 
Director, Site Content 
StockCharts.com”
― Jacinta Chan Phooi m'Ng, Algorithm Trading 101: Trading made simple for everyone

“Here are some examples: Breathwork is a really amazing tool because you can do it anywhere, anytime. Strenuous exercise, or other types of physical activity like going for a walk, running or riding a bicycle. Listening to music, using a weighted blanket, taking a warm or a cold bath, smelling something like essential oils or a flower. Dancing, humming or singing. Socializing, connecting with a loved one and laughing. Getting a massage, simply stretching your body and doing grateful flow exercise are all ways to regulate your nervous system before approaching a financial decision.”
― Paco de Leon, Finance for the People: Getting a Grip on Your Finances

“Your financial life is like a sandcastle. You spend time tending to it, building it, and making decisions and choices that you hope will keep it from crumbling. You can control what you can, but there are always things outside of your control—like whether or not, you have the right tools or someone to help you build, when the tide will change and when the waves will start to move in. Financial shocks and emergencies are the waves threatening your sandcastle. The thing about the tides—and emergencies is—they will always come. Sometimes very suddenly as if out of the blue, and sometimes gradually. When it does come in, hopefully you’ll have dug that trench or built that wall. In the same way a trench or a wall is the best defense in weathering the shock of a changing tide, an emergency fund is the first line of defense against a financial shock.”
― Paco de Leon, Finance for the People: Getting a Grip on Your Finances

“Think of interest as whipped cream and a piece of cake as the principal. A smaller piece of cake limits the amount of surface area there is to put whipped cream on”
― Paco de Leon, Finance for the People: Getting a Grip on Your Finances

“When capital moves to finance, economic life is on the way to destruction. Finance has nothing to do with economic life as a whole. It is an imitation or double of economic life consisting of using money to make money—all cerebral activity with no world. 89

A gift has an unknown future because nothing is expected in return and no specification is made concerning its outcome. 91”
― Robert Sardello, Facing the World with Soul: The Reimagination of Modern Life

“For a moment, Poldo’s mind flashed back to when he was a young boy in his family workshop, when his father had sat him down and told him that if nothing else, he could take pride in being a good person. Since then, he’d discovered that being a good person was the last resort of self-esteem.

In the upper echelons of Andarun’s financial industry, people prided themselves on the name of the firm they worked for, the size of the deals they closed, the title on their business card, and anything else that could be quickly boiled down to a sum of gold. With so much to take pride in beyond integrity, many bankers put little stock in it.”
― J. Zachary Pike, Son of a Liche

“Glenda told me that somebody just bought Andy Williams’ theater in Branson. Don’t look at me. This morning, I financed my coffee at the café over four monthly payments of 99 cents.”
― Jarod Kintz, A Memoir of Memories and Memes

“Want to know the secret to financial oneness? It begins with spiritually recognizing that everything is a gift from God.”
― Greg Gorman & Julie Gorman

“Acknowledging that everything comes from God and belongs to God is the beginning of wisdom-it alleviates the pressure of ownership and positions us as stewards over God's property.”
― Greg Gorman & Julie Gorman, Two Are Better Than One: Build Purpose and Unity in Your Marriage

“Maintaining a heart of stewardship evens the playing field, allowing couples to simply ask: God, what do You want to do with your provisions?”
― Greg Gorman & Julie Gorman

“"Hua created an intimate atmosphere, opening with the story of the Chinese distinguished statesman Li Hongzhang's visit to England. Li Hongzhang was hosted by Queen Victoria and high-ranking officials. During the banquet, mistaking a cup of coffee for soup, Li Hongzhang slurped it down in one gulp. The English officials looked at each other, on the verge of laughter, until Queen Victoria also sipped her coffee "soup" like Li Hongzhang. The English officials then followed suit. The English truly were the most polite in the world, always maintaining decorum for their guests."”
― Tedatom Nguyễn Mạnh Cường

“Money is an instrument that people agree to pay attention to.”
― Joseph Voelbel, PAY ATTENTION TO BITCOIN: The Rise of Digital Gold and its Place in the Evolution of Money