A Quote by Mary Kay Ash

Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis. — © Mary Kay Ash
Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.
Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.
In the last analysis, even the best man is evil: in the last analysis, even the best woman is bad.
Analysis is simplifying, breaking down things into parts, picking out strands and elements. Analysis is comparing unknown things with things that are known. Analysis also involves picking out relationships and putting them back together as a whole.
Limit risk with: Deep analysis Bargain purchase Sensitivity analysis.
I try to keep in mind Oscar Wilde's comment that "saints always have a past and sinners always have a future," so no investment should be ruled out simply on the basis of past history. We focus on liquidation analysis and liquidation analysis alone.
Any reductionist program has to be based on an analysis of what is to be reduced. If the analysis leaves something out, the problem will be falsely posed.
I was in analysis. I was suicidal. As a matter of fact, I would have killed myself, but I was in analysis with a strict Freudian and if you kill yourself they make you pay for the sessions you miss.
I was in analysis for many years, and one of the things analysis does is open up forbidden territories. It opens up those unconscious, instinctual urges that you then have to deal with. I'm like a Frankenstein of analysis. I'm able to go back and forth between the world I've created inside of myself and the real world, which is something I think a lot of people who write and paint and make art do.
However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is some assurance that the analysis is actually relevant.
The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.
In the last analysis, luck comes only to the well prepared.
Love, in the final analysis, is wisdom.
Get the habit of analysis - analysis will in time enable synthesis to become your habit of mind.
The level of analysis that is done when you see laws created, whether it's the city or state or federal level - it's much more horse-trading than analysis.
When I was an institutional broker in a former life, I was a believer in the merits of using technical analysis. I found that it was a very useful tool that complemented the much more mainstream tools generically referred to as fundamental analysis.
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