A Quote by Laurence D. Fink
To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.
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You don't try to have the very lowest cost of an asset. You try to have the right asset. So rather than thinking about the lowest cost, the question is how do you get the best productivity.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
We think about the enormous costs of homelessness, or the enormous cost of HIV/AIDS, over the long term, as people visit emergency rooms, etc. The more we are investing in that ounce of prevention the better off we're going to be.
Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something, and that this thing, at whatever cost, must be attained.
The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.
I think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
If the knowledge of the cost of the carbon tax in itself would cause injury to the Canadian economy, then that cost must be even worse than we have imagined.
Our society does reward beauty on the outside over health on the inside. Women must not be blamed for choosing short-term beauty "fixes" that harm our long-term health, since our life spans are inverted under the beauty myth, and there is no great social or economic incentive for women to live a long time.
What will it cost [a person] to be a true Christian? It will cost him his self-righteousn ess. He must cast away all pride and high thoughts, and conceit of his own goodness. He must be content to go to heaven as a poor sinner, saved only by free grace, and owing all to the merit and righteousness of another.
Love to be real, it must cost—it must hurt—it must empty us of self.
A sacrifice to be real must cost, must hurt, must empty ourselves.
Obamacare has got everyone on edge. I mean, small business - men and women or big business are sitting out there saying we have no idea what this is going to cost, but we know it's going to cost us and cost us a lot.
Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.
Vaccines are extremely cost-effective, giving kids a healthy start in life and supporting the economic and educational foundations of entire communities. They directly lead to a healthy workforce, which is so critical to long-term development and prosperity in all countries.
Syria's neighboring countries cannot and should not carry the cost of caring for refugees on their own. The international community must share the burden with them by providing economic aid, investing in development in those countries, and opening their own borders to desperate Syrian families looking for protection.
I know it's different today than when I was growing up, and that's fine. But I have never been somebody, even when I was earning $19,000 a year, I never ran around whining and moaning about what things cost. What they cost was what they cost. And if I couldn't afford it, then I had to find a way to afford it or forget about it for now. It's just the way it was.
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