Popular quotes about Capital! Wisdom and inspiration are here! | page 28
Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.
Charlie MungerI don't like the idea of capitalism anyway. Because it's not capital we are talking about; it's knowledge and creating well-being. Because I mean, that gets people on the wrong track when it's capital and how we allocate capital - no. How do we create the Republic of Science in America? How do we have a system of mutual benefits where people succeed by helping others improve their lives? So I don't like that at all.
Charles KochAt the worst possible moment, when your fund is down because cheap things have gotten cheaper, you need to have capital, to have clients who will actually love the phone call and-most of the time, if not all the time-add, rather than subtract, capital.
Seth KlarmanWe want to change the identity of Delhi from Generator Capital to Power Generation Capital.
Narendra ModiA smart policy should be one that tends to receive the capitals, pays the price for that capital - which is the interest - returns the capital and in the end the factories, the industries, are left to remain in the country.
Fidel CastroWe are now heading down a centuries-long path toward increasing the productivity of our natural capital - the resource systems upon which we depend to live - instead of our human capital.
Paul HawkenDublin ... is not only the capital of a nation, but the capital of an idea. The idea of Irishness is not universally beloved. Some people mock it, some hate it, some fear it. On the whole, though, I think it fair to say, the world interprets it chiefly as a particular kind of happiness, a happiness sometimes boozy and violent, but essentially innocent: and this ineradicable spirit of merriment informs the Dublin genius to this day.
Jan MorrisI remember my very first encounter with Japan. At that time, I was Deputy Mayor of St Petersburg. Out of nowhere, Japan's Consul General in St Petersburg came to my office and said Japan's Ministry of Foreign Affairs wanted to invite me to Japan. I was very surprised because I had nothing to do with Japan except being a judoka. This was an opportunity to visit Tokyo and a couple of other cities. And, you know, a capital is a capital everywhere: there is the official script and certain protocol. It is always easier to talk in the provinces, the conversation is more natural.
Vladimir PutinAs the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.
Ludwig von MisesOne of the tax systems in the US is for wage earners. The government takes money from them out of each paycheck - so it knows how much they make, and those workers can't cheat to any significant degree. But the other tax system is for capital. Those with capital get to tell the government what they want to tell. They may get audited, but if their tax returns are of any size the government doesn't have enough of the smart auditors to figure out what's really going on. And there are the rules that allow you to do things like take in money today and pay taxes on it thirty years from now.
David Cay JohnstonFrom my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
Leland StanfordThere never was a woman like her. She was gentle as a dove and brave as a lioness... The memory of my mother and her teachings were, after all, the only capital I had to start life with, and on that capital I have made my way.
Andrew JacksonTwo things are desired in order that intercourse may be had: First, that a minister or agent be allowed to reside at the capital. Second, that commerce between different countries be freely allowed.
Townsend HarrisThe consequences for human welfare involved in questions about human capital spillovers are simply staggering. Once one starts to think about them, it's hard to think of anything else
Robert Lucas, Jr.Inspiration is the richest nation I know, the most powerful on earth. Sexual energy Freud calls it; the capital of desire I call it; it pays for both mental and physical expenditure.
Sylvia Ashton-WarnerIf all money capital invests in appropriation and none in actual production, then capitalism is not long for this world.
David HarveyAdvertising is the voice of capital. We need to do whatever we can to limit capitalist propaganda, regulate it, minimize it, and perhaps even eliminate it. The fight against hyper-commercialism becomes especially pronounced in the era of digital communications.
Robert Waterman McChesneyWhile it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.
William J. BernsteinCapital punishment, like the rest of the criminal justice system, is a government program, so skepticism is in order.
George WillThe characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.
Ludwig von MisesThe seeming antagonism between capital and labor is the result of deceptive appearance.
Leland StanfordMany reporters, when they go to work in the nation's capital, begin thinking of themselves as participants in the political process instead of glorified stenographers.
P. J. O'RourkeThe great financial capital is not in one country, it is transnational, that is why it answers to power elites and that is why when I talk about the imperial power of United States I am in no way referring to the American people, who are a noble people that have always been moved by humane concerns.
Alejandro Castro EspinWelcome to Bologna on Capital Gold for England versus San Marino with Tennent's Pilsner, brewed with Czechoslovakian yeast for that extra Pilsner taste and England are one down!
Jonathan PearceWhat difference does it make how much there is laid away in a man's safe or in his barns, how many head of stock he grazes or how much capital he puts out at interest, if he is always after what is another's and only counts what he has yet to get, never what he has already. You ask what is the proper limit to a person's wealth? First, having what is essential, and second, having what is enough.
Seneca the YoungerI believe that the truth with a capital T is at the center of all the great religious teachings.
Marianne WilliamsonIs my mother my friend? I would have to say, first of all she is my Mother, with a capital 'M'; she's something sacred to me. I love her dearly...yes, she is also a good friend, someone I can talk openly with if I want to.
Sophia LorenI started by saying that one of the most fateful errors of our age is the belief that the problem of production has been solved. This illusion, I suggested, is mainly due to our inability to recognize that the modern industrial system, with all its intellectual sophistication, consumes the very basis on which is has been erected. To use the language of the economist, it lives on irreplaceable capital which it cheerfully treats as income.
E. F. SchumacherGovernment spending reduces the capital that could be invested to serve consumers and to produce new employment opportunities.
Sheldon RichmanI have now come to the conclusion (roughly) that capital punishment is defensible, if it can be shown to have a deterrent effect on murder. In that case, a few executions save not only some people from being murdered but also some people from becoming murders.
Torbjorn TannsjoI was originally supposed to become an engineer but the thought of having to expend my creative energy on things that make practical everyday life even more refined, with a loathsome capital gain as the goal, was unbearable to me.
Albert EinsteinBertrand Russell used to employ the method of "evidence against interest"; in other words of deciding that a critique of capital punishment, say, carried more weight if it came from a prison governor. (My friend John O'Sullivan puts it like this: If the pope says he believes in God, he's only doing his job; if he says he doesn't believe in God, he may be on to something.)
Christopher HitchensThe government is also looking at further benefits including enhanced capital allowances; the use of Tax Incremental Finance; and extra help from UK Trade and Investment on inward investment and trade opportunities.
Andy SawfordI would rather starve and rot and keep the privilege of speaking the truth as I see it, than of holding all the offices that capital has to give from the presidency down.
Henry AdamsNew York City is still the art capital - every time I'm in New York, I'm thinking about competition.
Takashi MurakamiBut these days, there's also a strong economic argument for doing away with capital punishment. With California facing its most severe fiscal crisis in recent memory... it would be crazy not to consider the fact that it will add as much as $1 billion over the next five years simply to keep the death penalty on the books.
John Van de KampThe capital-T Truth is about life BEFORE death. It is about the real value of a real education, which has almost nothing to do with knowledge, and everything to do with simple awareness; awareness of what is so real and essential, so hidden in plain sight all around us, all the time, that we have to keep reminding ourselves over and over: "This is water." "This is water." It is unimaginably hard to do this, to stay conscious and alive in the adult world day in and day out.
David Foster WallaceNature shrinks as capital grows. The growth of the market cannot solve the very crisis it creates.
Vandana ShivaI saw some women had written that the cloning of Dolly was wonderful since it showed that women could have children without men. They didnยt even understand that this was the ultimate ownership of womenยof embryos, of eggs, of bodiesยby a few men with capital and control techniques, that it wasnยt freedom from men but total control by men.
Vandana ShivaIn a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage.
Robert KuttnerWhen it comes to solving problems of poverty, impact investing can act as a catalyst, but it is not a silver bullet. Successful businesses serving the poor need more than investment capital. They also need infrastructure to enable effective distribution, strong regulatory systems, access to markets, technical assistance as they scale up, and more
Jacqueline NovogratzWe don't think a sustainable society need be stagnant, boring, uniform, or rigid. It need not be, and probably could not be, centrally controlled or authoritarian. It could be a world that has the time, the resources, and the will to correct its mistakes, to innovate, to preserve the fertility of its planetary ecosystems. It could focus on mindfully increasing quality of life rather than on mindlessly expanding material consumption and the physical capital stock.
Donella MeadowsI am surprised at the number of Puerto Ricans that are moving out of Puerto Rico still. I thought that, by now, the immigration of Puerto Ricans had decreased a little bit. But, no, with a hurricane, it has increased even more. So, I see the financial institutions, especially the hedge funds, moving into Puerto Rico with all the - with all the force, knowing that their investments towards the future are going to be multiplied or probably elevated to quantities beyond any notion of how capital works.
Oscar Lopez Rivera