A Quote by Anthony Trollope
A man will be generally very old and feeble before he forgets how much money he has in the funds.
Related Quotes
When an old man and a young man work together, it can make an ugly sight or a pretty one, depending on who's in charge. If the young man's in charge or won't let the old man take over, the young man's brute strength becomes destructive and inefficient, and the old man's intelligence, out of frustration, grows cruel and inefficient. Sometimes the old man forgets that he is old and tries to compete with the young man's strength, and then it's a sad sight. Or the young man forgets that he is young and argues with the old man about how to do the work, and that's a sad sight, too.
Hedge funds are investment pools that are relatively unconstrained in what they do. They are relatively unregulated (for now), charge very high fees, will not necessarily give you your money back when you want it, and will generally not tell you what they do. They are supposed to make money all the time, and when they fail at this, their investors redeem and go to someone else who has recently been making money. Every three or four years they deliver a one-in-a-hundred year flood. They are generally run for rich people in Geneva, Switzerland, by rich people in Greenwich, Connecticut.
Plenty of funds have fine long-term returns despite being tax-inefficient and generally costly. But a dirty secret is this: Average, no-load fund investors do much worse than the funds - or the market.
When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on. When a man spends someone else's money to buy something for himself, he is very careful about what he buys, but doesn't care at all how much he spends. And when a man spends someone else's money on someone else, he does't care how much he spends or what he spends it on. And that's government for you.
When I was 23, 24, I started covering hedge funds - a lot of this was luck - when no one else did. This was before hedge funds were the prettiest girl in school: this was pre-nose job and treadmill for hedge funds, when nobody talked to them - back then, it was just all about insurance companies and money managers.
If a man loses a dear friend, he looks around and sees many friends come to console and comfort him. If a man loses his wealth, after a little thought he will realize that the delight that came from wealth will be restored by finding more. Thus he forgets his loss and is consoled. But if a man's heart is deprived of peace, where will he find it again, how will he replace it?
If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.
An old man who cannot bid farewell to life appears as feeble and sickly as the young man who is unable to embrace it.
In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time.
[If a book were] very innocent, and one which might be confided to the reason of any man; not likely to be much read if let alone, but if persecuted, it will be generally read. Every man in the United States will think it a duty to buy a copy, in vindication of his right to buy and to read what he pleases.
We have a double standard, which is to say, a man can show how much he cares by being violent-see, he's jealous, he cares-a woman shows how much she cares by how much she's willing to be hurt; by how much she will take; how much she will endure; how suicidal she's prepared to be.
There are three signs of senility. The first sign is that a man forgets his theorems. The second sign is that he forgets to zip up. The third sign is that he forgets to zip down.
In song and dance, man forgets how to walk and speak and is on the way into flying into the air, dancing... his very gestures express enchantment.
The rate of growth of the relevant population is much greater than the rate of growth in funds, though funds have gone up very nicely. But we have been producing students at a rapid rate; they're competing for funds and therefore they're more frustrated. I think there's a certain sense of weariness in the intellectual realm, it's not in any way peculiar to economics, it's a general proposition.
Fundraising is also always a call conversion. And this comes to both those who seek funds and those who have funds. Whether we are asking for money or giving money we are drawn together by God, who is about to do a new thing through our collaboration.
Related Authors
Charles Bukowski Quotes
American
Novelist
Charles Dickens Quotes
English
Novelist
Chuck Palahniuk Quotes
American
Novelist
Ernest Hemingway Quotes
American
Novelist
George Eliot Quotes
British
Novelist
George Orwell Quotes
British
Novelist
George R. R. Martin Quotes
American
Novelist
Jane Austen Quotes
British
Novelist
Johann Wolfgang von Goethe Quotes
German
Novelist
Margaret Atwood Quotes
Canadian
Novelist
Nicholas Sparks Quotes
American
Novelist
Paulo Coelho Quotes
Brazilian
Novelist
Sarah Dessen Quotes
American
Novelist
Stephenie Meyer Quotes
American
Novelist
Veronica Roth Quotes
American
Novelist
Victor Hugo Quotes
French
Novelist