A Quote by Cristina Kirchner
There is always risk involved. You can't be a capitalist only when there are investment profits but then a socialist when you experience losses.
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Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically.
I was brought up a working-class Tory. I believe, to be a true socialist, you have to be a capitalist first. In my heart, I'm a socialist; in my mind, I'm a capitalist.
Our country and all the other socialist countries want peace; so do the peoples of all the countries of the world. The only ones who crave war and do not want peace are certain monopoly capitalist groups in a handful of imperialist countries that depend on aggression for their profits.
It is a socialist idea that making profits is a vice; I consider the real vice is making losses.
Unlike return, however, risk is no more quantifiable at the end of an investment that it was at its beginning. Risk simply cannot be described by a single number. Intuitively we understand that risk varies from investment to investment: a government bond is not as risky as the stock of a high-technology company. But investments do not provide information about their risks the way food packages provide nutritional data.
I did have two dads; one was a socialist, and one was a capitalist. I really decided I would rather be a capitalist.
War is a racket. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst trades after long periods of winning. When you're on a big winning streak, there's a temptation to think that you're doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general rule, losses make you strong and profits make you weak.
People invest in companies in order to get a share of the profit that company will make. If the Government increases its share of the profits, potential profits, at the expense of the owners of the company, the shareholders, then that makes investment in that company less attractive.
The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.
I actually am a capitalist, and I believe in shareholders. But I believe in them as a result of what I do, not as a reason for what I'm doing. The same with profits - profits alone cannot be an objective. It has to have a purpose.
Socialist revolution aims at liberating the productive forces. The changeover from individual to socialist, collective ownership in agriculture and handicrafts and from capitalist to socialist ownership in private industry and commerce is bound to bring about a tremendous liberation of the productive forces. Thus, the social conditions are being created for a tremendous expansion of industrial and agricultural production.
If you want to do something extraordinary, there's always risk involved. I was always willing to take that risk.
There is some risk involved in action, there always is. But there is far more risk in failure to act.
Ask any venture capitalist, and they will tell you that they consider the experience and completeness of the founding team to be a more important factor in their investment decision than the technology that is being built.
China has a history of thousands of years of feudalism and is still lacking in socialist democracy and socialist legality. We are now working earnestly to cultivate socialist democracy and socialist legality. Only in this way can we solve the problem.
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