A Quote by Ross Levinsohn
Partnering with CNBC will allow Yahoo! Finance to expand its offerings instantly and enhance its position as the most viewed and utilized finance site in the world.
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If you look on Amazon - if you do a search for personal finance, there are literally 20,000 books written on personal finance, and there's no real reason for it. I mean, personal finance is pretty simple.
It is easier to disrupt consumer finance. It is much harder to disrupt institutional finance, Wall Street. It is very heavily regulated, and because it is institutional finance, you are dealing with incumbents.
Economics and finance is the final frontier for women; it's the last thing they will conquer because controlling finance is at the heart of everything in government.
The problem with the finance sector is not that it has crashed (though that has done enormous damage around the world) but the damage that it did even in its pomp. It is for that reason that we must not go back to business as usual. Most of all it is imperative we reduce the dominance of finance. And that means economically, ideologically, and in terms of political voice.
Iraq is a very wealthy country. Enormous oil reserves. They can finance, largely finance the reconstruction of their own country. And I have no doubt that they will.
Yahoo is in everything from pets to old people to finance to communications to e-commerce and more, and I really thrive on that.
We take smaller companies and middle-sized companies, all around the world, and we do currency exchange for them; we raise bonds and equities for them; and we do inventory finance, trade finance, and custody of assets.
I don't know if for sure in absolute terms if Jim Flaherty is the best Finance Minster in the world, but I am sure that he is the best Finance Minster per inch in the world.
I had to deal with terrorist finance. And we had to, if you like, ensure that the accounts of people who were guilty of terrorist finance or using their accounts for terrorist finance were closed down. So we had to do asset freezing.
As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful. So you might be the best operator or visionary, but if you don't understand the finance side... I'm successful because I know the finance side, but I also know operations; it's not an accident.
In the finance world, we used to spend all of our time looking backwards, reporting on what happened. Can I book it? What are the numbers? Now it's about looking into the future. It's about planning and integration. The role of finance is now that of a partner in the business.
Our view is that consumer finance - what people think of as retail finance - that arena is ripe for disruption. Bitcoin is absolutely a core platform and asset format that we are dependent on to build this business.
The right wants to destroy the power of the Fed to increase the power of finance; and the progressives want to reorient the Fed so that it will stop protecting the interests of finance and protect the interests of the broader population instead.
Back when 'social' had a broad definition, you could almost say that Yahoo Finance chat was the first social product.
We're extremely excited about the assets that Yahoo has in the areas of Sports and Finance and Email and News. You match those up with AOL, and we've just made an exponential leap in capabilities here.
Clever derivatives broke dozens of companies. It killed them. Bankrupt. We don't need these kinds of innovation in finance. It's OK to be boring in finance. What we want is innovation in widgets.
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