Popular quotes about Capital! Wisdom and inspiration are here! | page 87
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 MungerDuring the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.
David RicardoBooks 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.
Thomas JeffersonIt is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.
Evan DavisThere'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.
Ron DermerWe can ill afford to have activities conducted as "non-profit," that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
Peter DruckerThere can be no freedom of the individual, no democracy, without the capital system, the profit system, the private enterprise system. These are, in the end, inseparable. Those who would destroy freedom have only first to destroy the hope of gain, the profit of enterprise and risk-taking, the hope of accumulating capital, the hope to save something for one's old age and for one's children. For a community of men without property, and without the hope of getting it by honest effort, is a community of slaves of a despotic State.
Russell Cornell LeffingwellTo see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC).
Benjamin GrahamOver the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result.
Charlie MungerI have been brought up in a culture where capital punishment is indeed anathema. I have always thought of myself as a principled opponent to capital punishment. However, when thinking about how the topic is handled in other cultures, in particular the American, Russian and Chinese ones, I have realised that my own tack on the issue was utterly superficial.
Torbjorn TannsjoI have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.
Henry PaulsonThe 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.
William Graham SumnerAs the run-by-capital society of producers turned since into the run-by-capital society of consumers, I would say that the main, indeed "meta", function of the governments has become now to assure that it is the meetings between commodities and the consumers, and credit issuers and the borrowers, that regularly take place.
Zygmunt BaumanThe first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.
Henry PaulsonSmart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.
Janet NapolitanoWork is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.
Louis O. KelsoThe true, unacknowledged purpose of capital punishment is to inspire fear and awe -- fear and awe of the State.
Edward AbbeyI make a distinction between Buddhism with a Capital 'B' and buddhism with a small 'b'. Sri Lanka has the former, in which the state uses Buddhism as an instrument of power, so there are even Buddhists monks who say the Tamils should be eliminated. Thai Buddhists are not perfect either. Some Thai Buddhist monks have compromised with the kind and possess cars and other luxuries. In many Buddhist countries, the emphasis is on being goody-goody, which is not good enough. I am for buddhism with a small 'b' which is non-violent, practical and aims to eliminate the cause of suffering.
Sulak SivaraksaNew York [cannot] remain the center of commerce and capital for this continent, unless it has an independent bar and an honest judiciary.
Samuel J. TildenA country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.
Ludwig von MisesCapital punishment, like the rest of the criminal justice system, is a government program, so skepticism is in order.
George WillIf Julian had flattered himself that his personal connexion with the capital of the East would be productive of mutual satisfaction to the prince and people, he made a very false estimate of his own character, and of the manners of Antioch. The warmth of the climate disposed the natives to the most intemperate enjoyment of tranquillity and opulence; and the lively licentiousness of the Greeks was blended with the hereditary softness of the Syrians.
Edward GibbonIf we functionally define a capitalist household as one that receives at least half of the annual income it spends on consumption in the form of return on invested capital, less than 1 percent of United States households are capitalists.
Louis O. KelsoAcumen Fund's patient capital investment in Western Seed is intended to enhance the food security and economic independence of Kenya's smallholder farmers.
Jacqueline NovogratzWe need to build a beautiful granite and bronze monument in our nation's capital to honor American heroes, unsung American heroes. And those unsung American heroes are the rich.
Bernard GoldbergThe fact is that there was a long war in which Serbia and its capital Belgrade were bombarded and attacked with missiles. It was a military intervention of the West and NATO against the then rump Yugoslavia.
Vladimir PutinWithout the rich - without those who accumulated capital - those poor who could exist at all would be very much poorer indeed, scratching a livelihood from marginal lands on which every drought would kill most of the children they would be trying to raise.
Friedrich August von HayekCapital Letters Were Always The Best Way Of Dealing With Things You Didn't Have A Good Answer To.
Douglas AdamsI try getting in front of as many opportunities as possible, but in the late '90s, I had no idea that I'd end up being CFO of a technology company. I'd no idea what venture capital was.
Roelof BothaI think I would have kept in contact with venture capital investors and entrepreneurs. I'm sure staying involved as something like a coach would be fun. If I handed over the reins to a successor, I wouldn't stick around [to pull strings] like a retired emperor.
Masayoshi SonAmerica's political system is superior to the crony corrupt corrupt capital system in Russia in every way.
Mike PenceNo arbitrary regulation, no act of the legislature, can add anything to the capital of the country; it can only force it into artificial channels.
John Ramsay McCullochThe essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.
Michael ParentiI have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.
William Howard TaftIn almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system.
Michael ParentiIn Rome people spend most of their time having lunch. And they do it very well - Rome is unquestionably the lunch capital of the world.
Fran LebowitzThe 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.
Henry HazlittA leader - whether in the home, church, business, community, or government - has authority due to her role, but her positional power will not bring about good for individuals or organizations unless it is backed up by the capital of character.
Dan B. AllenderI like the little bit of distance that London affords me and I like living in a world capital. I like having the culture at my fingertips.
Cillian MurphyStrive for excellence in your calling, but as a subsidiary to this: Do not fail to enrich your whole capital as man. To be a giant, and not a dwarf in your profession, you must always be growing. The man that has ceased to go up intellectually has begun to go down.
William MatthewsWhen I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published.
Fritz MachlupNew York City is still the art capital - every time I'm in New York, I'm thinking about competition.
Takashi MurakamiGlobal climate change needs global action now. The alarm bells ought to be ringing in every capital of the world.
John GummerIt [knowledge] is clearly related to information, which we can now measure; and an economist especially is tempted to regard knowledge as a kind of capital structure, corresponding to information as an income flow. Knowledge, that is to say, is some kind of improbable structure or stock made up essentially of patterns - that is, improbable arrangements, and the more improbable the arrangements, we might suppose, the more knowledge there is.
Kenneth E. BouldingThe present tax codes inhibit the mobility and formation of capital, add complexities and inequities which undermine the morale of the taxpayer, and make tax avoidance rather than market factors a prime consideration in too many economic decisions.
John F. KennedyJust as the French of the nineteenth century invested their surplus capital in a railway-system in the belief that they would makemoney by it in this life, in the thirteenth they trusted their money to the Queen of Heaven because of their belief in her power to repay it with interest in the life to come.
Henry AdamsThe West is supporting, even financing the right-wing media, it is financing 'the opposition', encourages capital flight of billions of dollars, works closely with the local 'elites' to create 'deficits', 'uncertainty' and despair. It creates corruption scandals, and it even supports fake 'left' anti-government movements. And of course it is training and corrupting some key military cadres.
Andre Vltchek