A Quote by John C. Bogle

Our financial system is driven by a giant marketing machine in which the interests of sellers directly conflict with the interests of buyers. — © John C. Bogle
Our financial system is driven by a giant marketing machine in which the interests of sellers directly conflict with the interests of buyers.
So the misplaced assumption is that we have this whole new institutional element where these [financial] institutions are looking after their own financial interests before the financial interests of the principals, princi-pals whose interests they are really bound to observe first.
There are instances in which American interests align with Russia and there are those where they don't. And so the question is, can we help steer Russia to being something that doesn't conflict with our interests and something that - and a country that aligns with our interests?
If our interests - our legitimate interests, the interests of Russians - have been attacked directly, like they were in South Ossetia, for example, I do not see any other way but to respond in accordance with international law.
Historically, large-scale global trade has served two functions: 1) the exchange of goods between willing sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the private parties are stand-ins for governmental interests.
The need for justice grows out of the conflict of human interests. That is to say, if there were no conflict of interests among mankind we should never have invented the word justice, nor conceived the idea for which it stands.
Most of what we know about sales comes from a world of information asymmetry, where for a very long time sellers had more information than buyers. That meant sellers could hoodwink buyers, especially if buyers did not have a lot of choices or a way to talk back.
The danger in our system is that the general government, which represents the interests of the whole, may encroach on the states, which represent the peculiar and local interests, or that the latter may encroach on the former.
Presidential trust is something, that's perishable and it's precious. And once a president loses it, it's not a question of whether it's conflict of interests laws or there aren't conflict of interests laws.
Britain wants the single currency to be a success. It is massively in our interests that we have a stable financial system on our doorstep.
Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.
If you are a marketing professional who wants to reach your buyers directly, many experts will say that the media is the only way to tell your story, and that press releases only to reach journalists - not your buyers directly. They'll say that bloggers are geeks in pajamas who don't matter. They are wrong.
The Prime Minister [Shindzo Abe] and I will negotiate proceeding from our national interests: the interests of Russia and the interests of Japan. We should find a compromise.
Climate change should not fundamentally be seen as a political or partisan issue, but it has been turned into a political football primarily by the climate deniers who have a vested interested in maintaining the status quo. That includes certain industrial interests, financial interests and political interests.
Oswald Mosley`s movement, it was a big movement. It was obviously anti-immigrant, anti-Semitic, it was populist. Mosley wanted to replace the parliamentary system of government in Britain with a government that was based on business interests, that was based on the idea that business interests were the real interests of that country and business interests. and reorganizing the government to serve business interests, that would be a way to get stuff done faster and more efficiently.
Were there no contrariety of interests, nothing would be more simple and easy than to form and preserve free institutions. The right of suffrage alone would be a sufficient guarantee. It is the conflict of opposing interests which renders it the most difficult work of man.
The good of the family cannot be achieved without consideration of an individual's important interests. If those interests are urgent and weighty, they must become important interests of the family and can sometimes have priority in case of conflict. Sometimes, members must split their differences in compromise. Over time, yielding to others at some times must be balanced against getting priority for one's interests at other times.
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