A Quote by Charlie Munger
Quoting Demosthenes, 'For what each man wishes, that he also believes to be true.' I would rather make money playing a piano in a whorehouse than arguing that no cost is incurred when employees are paid in stock options instead of cash. I am not kidding.
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If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.
Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service.
we might also call vertigo the intoxication of the weak. aware of his weakness, a man decides to give in rather than stand up to it. he is drunk with weakness, wishes to grow even weaker, wishes to fall down in the middle of the main square in front of everybody, wishes to be down, lower than down.
Since I would rather make of him an able man than a learned man, I would also urge that care be taken to choose a guide with a well-made rather than a well-filled head.
A man is his own easiest dupe, for what he wishes to be true he generally believes to be true.
I first started playing in piano bars for three reasons - to make money, to be in the company of my friends - and also to hook up with young girls. I always knew, even before I played in piano bars, about the effect of my voice.
Look, rich people already have a lot of money. There's literally trillions of dollars in cash held by corporations, their stock valuations at an all-time high. They do not need a tax cut to do anything. They can invest now, if they wanted to. They don't want to, because they can make more money just by mergers and stock buybacks and stuff like that. So, this is really just sort of a travesty.
People will make worse financial decisions for them if they're choosing from a lot of options than if they're choosing from a few options. If they have more options they're more likely to avoid stocks and put all their money in money market accounts, which doesn't even grow at the rate of inflation.
We have an industrial base - one that, if made to take orders rather than being allowed in the vacuum of leadership to create them, if enabled by the elimination of cost-plus contracting to produce and achieve rather than waste and receive, could make something worth the cost rather than making work that costs us our dreams.
Our proposal had more than just money. We would increase their staff and keep their headquarters, their brand and their management in place. We made them a comprehensive offer they couldn't refuse. Shareholders simply receive cash, but with the staff and management, we had to show that we could share the same vision. Employees would probably resent us if money were all [we offered].
When my agents tell me how much I'm going to be paid for a film, instead of quoting a figure, they'll say: 'You're going to make ten pairs of Christian Louboutins.'
The spiritual man habitually makes eternity-judgments instead of time-judgments. By faith he rises above the tug of earth and the flow of time and learns to think and feel as one who has already left the world and gone to join the innumerable company of angels and the general assembly and Church of the First-born which are written in heaven. Such a man would rather be useful than famous and would rather serve than be served. And all this must be by the operation of the Holy Spirit within him. No man can become spiritual by himself. Only the free Spirit can make a man spiritual.
Normally I would not recommend a book that tells you how to make money in the stock market. Most of these books are aimed at gullible folk, and they usually make much more money for their authors than they do for the investing public.
But I'd rather help than watch. I'd rather have a heart than a mind. I'd rather expose too much than too little. I'd rather say hello to strangers than be afraid of them. I would rather know all this about myself than have more money than I need. I'd rather have something to love than a way to impress you.
I'd rather have a daughter in a whorehouse than a son in the police force,' Esther used to rage to anyone who would listen.
Democrats always were a cheap lot. They never had much money to operate on.... They would rather make a speech than a dollar. They cultivate their voice instead of their finances.
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