A Quote by Marc Faber
My worst investment decision so far is to lend money to friends. So far, it has all come to zero.
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Making an un-perfect decision is far, far better than not making a decision, which is the worst possible decision you could make.
As far as Dustin or Dusty, neither of them contributed to me wanting to be in the industry as far as encouragement. They didn't discourage it, but I think they both were indifferent as far as it had to be my decision.
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.
Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.
Education is the lifeline of the city of Boston in a lot of ways, as far as preparing and educating young people for the future. So when we think about that - I would love to have the $25 million dollar investment we made up to close the gap on charter schools. I'd love to make that investment in a different part of the school system if we could. The money that we're trying to adjust on transportation, I would love to, if we can save money in transportation - that's not going to be a savings, that's going to come into the general fund, that's going to be reinvested in the school.
If thou wilt lend this money, lend it not
As to thy friends; for when did friendship take
A breed for barren metal of his friend?
The music business is just the worst as far as Machiavellian, sharky, evil games going on, as far as manipulation.
The federal investment in finding cures for cancer - $3 billion annually [as of 1999] - is less than ... zero ... point ... zero ... zero ... zero ... four ... percent of our gross domestic product, or about one-seventh of what Americans spend on beauty products.
The leading edge of the best science in the world is being driven by private money, and investment money because of the scarcity of government money to do this. It's not only by far the best and most advanced science, we're driving the equation at Human Longevity that everyone else is beginning to follow as well.
Too far often, Black people are reminded of how far we have come as opposed to how far we can go. In doing this, we sleep on racism.
Throughout history, every government that's printed money, the money has eventually gone to its ultimate value which is zero. Remember? The confederate dollar went to zero. The continental went to zero. That's what happens when you have a bank that's allowed to print as much money as it wants to.
But here's the ugly truth: nature doesn't care about democracy, or who's right, or what's fair. And because of the slow-change aspect of climate, we can't wait until the worst effects are upon us to make a decision -- by then, it would be far, far too late. The scenario we may be faced with is one where doing something for the wrong reasons, run by the wrong people, may still save more lives than holding out for a more appealing option.
I have no ambition for what society says is important as far as things like money, and all that kind of stuff. What I am ambitious about is I want to be the best wrestler that I can possibly be, and I think there's some sort of mistake in generations, as far as what he thinks as far as our generation lacking ambition.
And what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money.
What the welfare system and other kinds of governmental programs are doing is paying people to fail. In so far as they fail, they receive the money; in so far as they succeed, even to a
moderate extent, the money is taken away.
In my better sense of mind, I know that I'm far from alone and far from the worst, and the earth keeps spinning. Everything keeps moving, with or without me.
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