Quotes About Capital

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.

We are coming to see that there should be no stifling of labor by capital, or of capital by labor; and also that there should be no stifling of labor by labor, or of capital by capital.

I 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.

Books constitute capital. A library book lasts as long as a house, for hundreds of years. It is not, then, an article of mere consumption but fairly of capital, and often in the case of professional men, setting out in life, it is their only capital.

I think if you had a capital-gains system where the long, patient capital would actually be rewarded, nanosecond capital turning would not be.

The purpose of finance is to enable business to acquire the ownership of capital instruments before it has saved the funds to buy and pay for them. The logic used by business in investing is things that will pay for themselves is not today available to the 95% born without capital. Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

The big picture is: the main thing you should be concerned about in the future are incremental returns on capital going forward. As it turns out, past history of a good return on capital is a good proxy for this but obviously not foolproof. I think this is an area where thoughtful analysis can add value to any simple ranking/screening strategy such as the magic formula. When doing in depth analysis of companies, I care very much about long term earnings power, not necessarily so much about the volatility of that earnings power but about my certainty of "normal" earnings power over time.

The information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now we realize it's intellectual capital. The market is showing us that intellectual capital is far more important that money. This is a major change in the way the world works. the same thing that happened to the farmers during the Industrial Revolution is now happening to people in industry as we move into the information age.

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.

There's a lot of disputes around the world, a lot of territorial conflicts around the world. But Israel is the only country in the world whose capital is not recognized. I don't think the United States recognizing Jerusalem as a capital will prevent any sort of peace agreement from happening in the future. It's not actually a sensible argument. What it will do is it will right a historic wrong. Something that should have happened 69 years ago will finally happen. And then we have to get about the process of trying to advance peace between the parties.

Capital' is not what capital is called, it is what its name is called.

That's precisely what I did. Let's not forget Raqqa is not the first capital of the Islamic State. The first capital of the Islamic State when it was called the Islamic State was the Iraqi city of Ramadi. And the only way I was able to access that city was by going in with American marines and soldiers who were desperately fighting for their lives.

If you divorce capital from labor, capital is hoarded, and labor starves.

The only irreplaceable capital an organization possesses is the knowledge and ability of its people. The productivity of that capital depends on how effectively people share their competence with those who can use it.

Some of us claim that New York City is the capital of the country, indeed the capital of the world. Now, that may be a bit much for those who don't come from New York, but clearly we are an important city for reasons of our cultural advantages.

The invectives against capital in the hands of those who have it are double-faced, and when turned about are nothing but demands for capital in the hands of those who have it not, in order that they may do with it just what those who have it now are doing with it.

In a condition of society and under an industrial organization which places labor completely at the mercy of capital, the accumulations of capital will necessarily be rapid, and an unequal distribution of wealth is at once to be observed.

I say to the young, be happy that you were born in Italy because of the beauty of the human capital, both masculine and feminine, of this country... No other country has such human capital.

Efficiency innovations provide return on investment in 12-18 months. Empowering innovations take 5-10 years to yield a return. We have ample capital - oceans of capital - that is being reinvested into efficiency innovation.

The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.

The true, unacknowledged purpose of capital punishment is to inspire fear and awe -- fear and awe of the State.

The right wing will be identified with the monied class, even when the left often has more money. And the left wing will be identified as the whiners, even though the right at times whines as much or more. You might say that both sides are monied, high human capital whiners, on the whole.

...These politically correct language initiatives are misguided and harmful. They create highly entitled professional "victims" who expect to be free from any offense, and they engender a stifling atmosphere where all individuals walk on eggshells lest they might commit a linguistic capital crime.

Strive, while improving your one talent, to enrich your whole capital as a man. It is in this way that you escape from the wretched narrow-mindedness which is the characteristic of every one who cultivates his specialty alone.

Recently the country has seen too much of our legislators, seeing them as a gaggle of check-kiting, judge-smearing deadbeats who don't pay their restaurant bills but raise their pay in the middle of the night. Many Americans-this columnist included-hitherto said tax increases are justified by the budget deficit now say: Give that mob more money? Never. Not a nickel of new taxes until term limits change the political culture on Capital Hill.

Muslims consider the honor of the Prophet Muhammad to be dearer to them than that of their parents or even themselves. To defend it is considered to be an obligation upon them. The strict punishment if found guilty of this crime under sharia, the Islamic law, is capital punishment implementable by an Islamic State. This is because the Messenger Muhammad said, ‘Whoever insults a Prophet, kill him.’

When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power.

There is more to life than material well-being. Who would claim that the wholly wage-dependent family enjoys the dignity, the security, the range of choice and the autonomy (not to mention the leisure and freedom) of the family even partially supported by capital ownership?

The creation of new capital always... releases... labor. Its actual effect [though] is not to make jobs scarce, but to free men's labor for other jobs.

Constantinople was the principal seat and fortress of Arianism; and, in a long interval of forty years, the faith of the princes and prelates who reigned in the capital of the East was rejected in the purer schools of Rome and Alexandria.

Executing a murderer is the only way to adequately express our horror at the taking of an innocent life. Nothing else suffices. To equate the lives of killers with those of victims is the worst kind of moral equivalency. If capital punishment is state murder, then imprisonment is state kidnapping and restitution is state theft.

I'd always had a childhood ambition to go into the investment capital business, and spent twenty-odd years in it. But the thought of spending the second half of my career in the same business was boring, so I looked around for other opportunities .

We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.

The seeming antagonism between capital and labor is the result of deceptive appearance.

Access to capital is one of biggest challenges for businesses in Africa.

It seemed to me, in some way, especially when you're looking back at distant historical events, the "Truth" with a capital "T" is kind of the juxtaposition of all the many, many, many truths that seem true to people at the time.

Not that that mystical stuff's necessarily true: The only thing that's capital-T true is that you get to decide how you're going to try to see it.

For venture capital, one of the original principles is people you want to invest in are people who've done it before with someone else's money. Not people who've just came out of business school.

What you see happening right now with some of the consolidation is all about more spectrum and capital formation that give you the scale, scope and resources to invest in that 3G world.

A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment.

If a brand wants to build social communities, capital and influence, it must become the chief celebrant of its community, not its celebrity. This simple shift in approach unlocks enormous transformative potential for brands.

We are all dependent upon the investment of capital.

We need a president that is sitting down, getting Americans to work, getting this economy going. That is the single most important thing that the president of the United States does, is create a climate where job creators know that they're going to be able to risk their capital and have a chance to have a return on the investment. And it's never too late to start that.

When you have characters talking about music in any way, especially about music someone doesn't know, some people presume it's about showing social capital and sneering at those who don't have it.

For a guy that grew up on 31st Street and Everroad Park West and played on Haw Creek and dreamed some day of serving in Washington D.C., from my boyhood, to have the opportunity to have represented my hometown in our nation's capital, and now to have the opportunity to serve the entire nation as vice president is ... it's just deeply humbling.

The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation and distorts, unbalances, and shrinks production.

When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.

I am deeply convinced that any permanent, regular administrative system whose aim is to provide for the needs of the poor will breed more miseries than it can cure, will deprave the population that it wants to help and comfort, will dry up the sources of savings, will stop the accumulation of capital, will retard the development of trade, and will benumb human industry.