A Quote by Wendy Kopp
Inexperience is an asset. Embrace it.
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Inexperience because of (President Barack) Obama's inexperience.Look that would be one of the challenges.
Embrace what you don't know, especially in the beginning, because what you don't know can become your greatest asset. It ensures that you will absolutely be doing things different from everybody else.
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up.
What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.
In the long-term, security comes from an asset you create or acquire, not a position in someone else's asset.
Children are the most important asset in a country. For them to become that asset, they must receive education and love from their parents.
An acute first-class brain is the finest asset anyone can have- and, if we want to be happy, it is an asset we must exploit to the uttermost.
When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
I don't think it's the highest priority. I don't think we should ignore it, either, just generally I think as conservatives we should embrace innovation, embrace technology, embrace science. ... Sometimes I sense that we pull back from the embrace of these things. We shouldn't.
After I transitioned, a lot of people said, 'I like you so much more now,' because before, I was unhappy. Making that change was a big part of becoming me. Whoever you are, as a gay man or a lesbian or a trans woman, embrace it. Turn it into an asset.
Embrace relational uncertainty. It's called romance. Embrace spiritual uncertainty. It's called mystery. Embrace occupational uncertainty. It's called destiny. Embrace emotional uncertainty. It's called joy. Embrace intellectual uncertainty. It's called revelation.
Peace, for us, is an asset and in our interest. It is an absolute human asset that allows an individual to freely develop his individuality unbound by any regional, religious, or ethnic fetters.
This is probably an asset that my wife hates, where you compartmentalize. Most times, I think it's an asset, where you can just sort of feel like you chop off one part of your brain to do the next thing that you've got to do.
The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You put it up as collateral. You borrow against it. You buy more of the asset. You then take the rising asset. You borrow against it again. This is the nature of what's going on in the world. This isn't an excess of real savings. This is an excess of artificial credit that's being fueled by all the central banks.
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.
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