I now feel like personal finance is just a myth to give people an illusion of control over huge systemic problems that we can’t possibly fix or even significantly improve by tracking our spending or buying fewer lattes or whatever.
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Quotes tagged ‘Finance’
I'm never going to financially recover from this.
Fish where the fish are.
Finance is a gun. Politics is knowing when to pull the trigger.
— Mario Puzo, Francis Ford Coppola, Don Licio Lucchesi, Enzo Robutti, imdb.com
Sollozzo: Bene, Don Corleone. I need a man who has powerful friends. I need a million dollars in cash. I need, Don Corleone, all of those politicians that you carry around in your pocket, like so many nickels and dimes. Don Corleone: What is the interest for my family? Sollozzo: Thirty percent. In t…
— Mario Puzo, Francis Ford Coppola, Don Vito Corleone, Marlon Brando, imdb.com
I have courage financially, but I don’t have your kind of courage.
Recalling failures does little to enhance self-control, despite conventional wisdom that one learns from their past mistakes. In fact, our results instead argue that focusing on one’s past mistakes may doom us to repeat them.
The Quants. Since 1602, when the Dutch East India company first offers shares to the public, smart, highly trained mathematicians have tried without success to solve that market.
— Wes Taylor, Brian Koppelman, Mike "Wags" Wagner, David Costabile, imdb.com
Billy Bean never won a world-series.
— Wes Taylor, Brian Koppelman, Mike "Wags" Wagner, David Costabile, imdb.com
I don't like money actually, but it quiets my nerves.
You have to view a system as a whole. As opposed to what's popular and prevelent today which is trigger models. There is this cause and effect mentality.
I stopped trying to make the system wrong, stopped trying to blame people. And I started to wonder, well what's really going on? How does the thing work? When I started thinking that way, things started to get clearer for me.
Govopoly means monopoly by government sanction.
The premise of the book and the model, which I call teh assymilation model. Has to do with the assymilation or the take over or absorption of free competition sector of our economy by what I call the govoply system.
A basic contradiction between socialism and the market economy does not exist.
We noted earlier that US equity futures were extending losses after the close, but the real panic action is in the volatility complex. Putting today's VIX move in context, this is among the biggest ever.
Apple, which has come under major criticism for building much of its popular products in China, announced a sweeping set of moves partially tied to the recent tax bill, including paying $38 billion in taxes from profits made overseas and opening a second corporate campus.
Millions of years ago a meteor hit the earth and brought on an ice age and even the mightiest of T-Rexes were brought to skeletons.
— Brian Koppelman, David Levien, Bobby "Axe" Axelrod, Damian Lewis, imdb.com
The entire hedge fund industry is under siege. We deserve it. We've acted as if it would go on forever. Even the shitty returns, the outflow of institutional money and rise of quant-funds have lighted to way to our demise. We have wilfully refused to change.
— Brian Koppelman, David Levien, Bobby "Axe" Axelrod, Damian Lewis, imdb.com
We became the first company to introduce a high-quality credit card available to people without a credit score, with no fees, low interest rates and high credit limits — significantly better than other credit cards currently available to people just starting out in credit.