Top 855 Asset Allocation Quotes & Sayings - Page 14

If you wish to collect complimentary material for a record of yourself, never appeal to your relations. They may be proud of you as an asset to the family name, but they have a gift for remembering your gawky period privately, the follies and faults you committed and have forgotten. You may have come up in the world with a laurel on your brow, but if you go back home forty years later wearing two laurels on your brow, and a noble expression, they will miss the point.

Once, a friend’s mom said to me when I was very young 'You can't really invest in your looks as the only thing because it's a depreciating asset. I think this is trueit’s like putting money into a stock that’s going down. Put your money, put your effort, invest in your brain and talent which will appreciate and get better as you get older.

Property rights can improve a woman's ability to stand up to violence in the home. You might think education and employment are important because they give women exit options, but property is as well. Give women equal property rights to inherited land, then they have an asset they can take out of the marriage. This gives husbands strong incentives to not beat them.

You can't rock the boat without being told you're off your rocker. Entrepreneurs' greatest asset is their contrarian way of thinking, their tendency to zig when others zag, to go in a new direction. But many people don't give themselves permission to get going for fear that they will be called crazy. I say not only is crazy a compliment, but if you're not called crazy when you start something new, then you're not thinking big enough!

It is essential for the photographer to know the effect of his lenses. The lens is his eye, and it makes or ruins his pictures. A feeling for composition is a great asset. I think it is very much a matter of instinct. It can perhaps be developed, but I doubt if it can be learned. To achieve his best work, the young photographer must discover what really excites him visually. He must discover his own world.

When I think about sanctification, a couple things immediately pop into my head. One is how slow it actually is. I think everybody wants the silver-bullet, the thing that makes sanctification move like a superhighway rather than the dirt path that it is. The other is that, by in large, the greatest single asset in ongoing sanctification is a serious pursuit of joy in the face of Jesus Christ.

The difference between fear and panic is knowing what to do. If you have a reliable, effective solution then fear is an asset. You know what to do and fear just makes you do it faster. On the other hand, if you don't know what to do - or don't trust what you know - then you will freeze in terror, because you have no clear goal or way to get there. Fear helps, panic hinders. Fear is your savior, panic your nemesis.

Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.

My interest, perhaps, came out of the trauma of being a young immigrant in this country and constantly feeling my "resident alien" status. I remember trying to learn English on kindergarten playgrounds. I tried hard to be a convincing American but it was a losing battle. I was labeled weird and that tag never left me - all through high school, I was always the oddball. It was not always an easy path - I just had to tell myself that one day, being on the periphery would become an asset (and I think it finally has, as a creative adult).

I'm often asked how to start investing with little or no money. Please hear this as this is the hardest thing for people to understand: you do NOT invest with money! You invest with your mind! No matter what the field, your biggest asset is your mind. Once you have knowledge, you find deals, find your team and use other people’s money. You sell the deal and your team to get investment money.

Your imagination is the single most important asset you possess. Your imagination is your power to create mental pictures of things that don't exist yet and that you want to bring into being. Your imagination is what you use to shape your future. And so in your own way, you are a prophet. You generate countless predictions every day. Your imagination is the source,tirelessly churning out mental pictures of what you'll be doing in the future.

Kitty Wells was the first and only Queen of Country Music, no matter what they call the rest of us. She was a great inspiration to me as well as every other female singer in the country music business. In addition to being a wonderful asset to country music, she was a wonderful woman. We will always remember her fondly.

There's not one way to direct a film, there are so many different ways to do it. Everything affects the way it turns out in the end. Even the smallest things. You don't want to really acknowledge that, because you want to believe that you are the only creative asset as a director. You want to believe you're the only one. But I really feel that everyone teams up and everybody really affects everything. Actually, it's the closest I will get to playing in a band.

Americans, more than most people, believe that history is the result of individual decisions to implement conscious intentions. For Americans, more than most people, history has been that.... This sense of openness, of possibility and autonomy, has been a national asset as precious as the topsoil of the Middle West. But like topsoil, it is subject to erosion; it requires tending. And it is not bad for Americans to come to terms with the fact that for them too, history is a story of inertia and the unforeseen.

A popular feel for scientific endeavors should, if possible, be restored given the needs of the twenty-first century. This does not mean that every literature major should take a watered-down physics course or that a corporate lawyer should stay abreast of quantum mechanics. Rather, it means that an appreciation for the methods of science is a useful asset for a responsible citizenry. What science teaches us, very significantly, is the correlation between factual evidence and general theories, something well illustrated in Einstein's life.

I think memory is the most important asset of human beings. It's a kind of fuel; it burns and it warms you. My memory is like a chest: There are so many drawers in that chest, and when I want to be a fifteen-year-old boy, I open up a certain drawer and I find the scenery I saw when I was a boy in Kobe. I can smell the air, and I can touch the ground, and I can see the green of the trees. That's why I want to write a book.

Every air traveler entering Mexico is vetted against US databases. The air passenger screening system Mexico has in place involves these checks against US national security and criminal data bases. There are plainclothes US officers stationed at airports in Mexico working with Mexican immigration officials to protect the United States. This joint security program has been in place for at least six years and is a huge asset.

To experience conflicts knowingly, though it may be distressing, can be an invaluable asset. The more we face our own conflicts and seek out our own solutions, the more inner freedom and strength we will gain. Only when we are willing to bear the brunt can we approximate the ideal of being the captain of our ship. Spurious tranquillity rooted in inner dullness is anything but enviable. It is bound to make us weak and an easy prey to any kind of influence.

I am tired of the warmakers making war with our children. I am tired of our tired troops being sent over to do the dirty work for mob bosses who are going to squeeze the life out of Iraq and not leave until every asset and every natural resource has been raped from the country. I am tired of seeing Iraqis burying their loved ones and hearing the reverberating screams of mothers all over our country who are being destroyed for the benefit of a very few.

The growth of entrepreneurial classes throughout the world is an asset in the promotion of human rights and individual liberty, and it should be understood and used as such. Yet peace is the first and most important condition for continued prosperity and freedom. America's military power must be secure because the United States is the only guarantor of global peace and stability. The current neglect of America's armed forces threatens its ability to maintain peace.

You know, the cure for all this talk is really a good dose of incompetent government. You get that alternative and you'll never put Singapore together again: Humpty Dumpty cannot be put together again... my asset values will disappear, my apartments will be worth a fraction of what they were, my ministers' jobs will be in peril, their security will be at risk and their women will become maids in other people's countries, foreign workers.

If you had to explain America's economic success with one word, that word would be "education".... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board.... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process.

People's jobs are the biggest asset that they have. The net present value of your job is worth more than your house or your stock portfolio. As people decide whether they're going to buy a car, they're more concerned about whether they have a job and are likely to have a job next year.

I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit default swaps which are in this category, and we have derivatives like volatilities that are actually an asset class that we can invest in which are now - would out perform if we have another financial crisis.

And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really isn't the problem we have. I mean that's where it came from, though. We leveraged up and if you have a 20 percent fall in value of a $20 trillion asset, that's $4 trillion. And when $4 trillion lands - losses land in the wrong part of this economy, it can gum up the whole place.

Privilege exists when one group has something of value that is denied to others simply because of the groups they belong to, rather than because of anything they’ve done or failed to do. Access to privilege doesn’t determine one’s outcomes, but it is definitely an asset that makes it more likely that whatever talent, ability, and aspirations a person with privilege has will result in something positive for them.

And human instinct is ancient and reliable, utterly mysterious and possibly capable of great genius. I believe that refined, fluent instincts are a person's most valuable asset. My own instincts have repeatedly guided me against the grain of logic and probability. When I have trusted and followed their direction, they have never been wrong. I don't know how or why. But I know that every significant experience-positive or negative-sharpens them and makes them more accurate.

Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements.

I really rate Paul Scholes, because he hasn't got the high profile of many of the Manchester United players, he doesn't get too much attention, but he is one very good player. He is an intelligent player, he works hard and he scores some great goals. He is not flamboyant and is a quiet lad off the pitch but he is a tremendous asset to Manchester United and to England. He has already got my vote as player of the year.

Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."

Every day, sincerely and without phoniness, Lou demonstrated by his actions how very vital it is - more than anything else - to understand and appreciate the people who work with you...Do your job well, but always remember that the people you work with are your most valuable asset. Embrace them. Honor them. Respect them" (206) - "Prescriptions for Success" by John Schuerholz

The rich does not work for money, but money work for them...., While the poor work for money.Illiteracy, both in word and numbers, is the foundation of financial struggle....,Wealth is a person's ability to survive so many number of days forward... or if i stopped working today, how could i survive?...,Wealth is the measure of cash flow from to asset column compared with the expense column.

If you let interest rates be freed, be set by the free market, they would rise dramatically. There would be a lot of broken furniture on Wall Street. It needs to be broken. The back of the speculative bubble would be broken and we could slowly heal the financial system. That's what I think we need to do but it's never going to happen because there's trillions of asset values dependent on the Fed continuing to suppress, repress interest rates and shovel $85 billion a month of liquidity into the market.

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

People are an asset, not a liability. The United States is the most immigrant-friendly nation in the world and the richest country in the world. This is not a coincidence. Those voices that would make us less immigrant-friendly would make us less successful, less prosperous and certainly less American.

Vulnerability is the only authentic state. Being vulnerable means being open, for wounding, but also for pleasure. Being open to the wounds of life means also being open to the bounty and beauty. Don't mask or deny your vulnerability: it is your greatest asset. Be vulnerable: quake and shake in your boots with it. The new goodness that is coming to you, in the form of people, situations, and things can only come to you when you are vulnerable, i.e. open.

Age is as much an asset for character players as it is for good wine. Human experiences, both good and bad, leave their marks on one's face and bearing. A few lines on the face and a few gray hairs coupled with the idiosyncrasies an actor adopts throughout life help out round out the actor's personality. So far as I'm concerned, the older a character actor gets, the firmer his position is.

When excesses such as lax lending standards become widespread and persist for some time, people are lulled into a false sense of security, creating an even more dangerous situation. In some cases, excesses migrate beyond regional or national borders, raising the ante for investors and governments. These excesses will eventually end, triggering a crisis at least in proportion to the degree of the excesses. Correlations between asset classes may be surprisingly high when leverage rapidly unwinds.

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

That the sight of people attracts still other people, is something that city planners and city architectural designers seem to find incomprehensible. They operate on the premise that city people seek the sight of emptiness, obvious order and quiet. Nothing could be less true. The presences of great numbers of people gathered together in cities should not only be frankly accepted as a physical fact... they should also be enjoyed as an asset and their presence celebrated.

Storytelling is an act of cruelty. We are cruel to our characters because to be kind is to invite boredom, and boredom in storytelling is synonymous with big doomy death-shaped death. So: be cruel to your protagonist. Rob him of something. Something important. Something he needs. A weapon. An asset. A piece of knowledge. A loved one. A DELICIOUS PIE. Take it away! Force him to operate without it. Conflict reinvigorates stale stories. New conflict, or old conflict that has evolved and grown teeth.

I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone.

At the core of an analytical edge is an ability to systematically distinguish between fundamentals and expectations. Fundamentals are a well thought out distribution of outcomes, and expectations are what's priced into an asset. A power metaphor is the [pari-mutuel] racetrack. The fundamentals are how fast a given horse will run and the expectations are the odds on the tote board. As any serious handicapper knows, you make money only by finding a mispricing between the performance of the horse and the odds. There are no 'good' or 'bad' horses, just correctly or incorrectly priced ones.

When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.

THE KEY TO SUCCESS is not what you do, it is how you feel about what you are doing. Success begins with a positive attitude, it is the most valuable asset we may own. Success begins with a good feeling about where we are and a positive attitude about where we want to be.

What's the difference between people who feel successful and people who feel they've failed? The answer is mindset: If you learn and grow from failure, suddenly it becomes a personal asset. People who are successful don't want instant gratification. They don't think about hitting a point of success and never working again. Instead they ask, How do I improve myself and continue to do that consistently over time?

Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think he was referring to some of the European banks shedding assets, and the big buyers are probably not going to be big American banks. Someone like Blackstone may have a very good chance to buy those assets, leverage them, borrow up a little bit, and do something good there.

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.

Being a slow reader would normally be a deficiency; I found a way to make it an asset. I began to sound words and see all those qualities - in a way it made words more precious to me. Since so much of what happens in the world between human beings has to do with the inconsideration of language, with the imprecision of language, with language leaving our mouths unmediated, one thing which was sensuous and visceral led to, in the use of language, a moral gesture. It was about trying to use language to both exemplify and articulate what good is.

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.

Today, financial capital is no longer the key asset. It is human capital. Success is no longer about economic competence as the main leverage. It is about emotional intelligence. It is no longer about controls. It is about collaboration. It is no longer about hierarchies. It is about leading through networks. It is no longer about aligning people through structures and spreadsheets. It is about aligning them through meaning and purpose. It is no longer about developing followers. It is about developing leaders.

In common with other artists the photographer wants his finished print to convey to others his own response to his subject. In the fulfillment of this aim, his greatest asset is the directness of the process he employs. But this advantage can only be retained if he simplifies his equipment and technic to the minimum necessary, and keeps his approach from from all formula, art-dogma, rules and taboos. Only then can he be free to put his photographic sight to use in discovering and revealing the nature of the world he lives in.

ISIS is the near-term threat, and that the longer - or the mid-term challenge is managing the rise of China. There's some evidence that that's the thinking of the [Donald Trump] administration. That's a perfectly reasonable approach. Well, if that's the case, then you surely want to have a united West to deal with both, and you want to have Russia alongside, but maybe not this Russia while it's busy trying to undermine your chief asset, which is a united West.

Physical well-being is not only a priceless asset to oneself-it is a heritage to be passed on. With good health, all other activities of life are greatly enhanced. A clean mind in a healthy body enables one to render far more effective service to others. It helps one provide more vigorous leadership. It gives our every experience in life more zest and more meaning. Robust health is a noble and worthwhile attainment.

Many people keep deploring the low level of formal education in the United states (as defined by, say, math grades). Yet these fail to realize that the new comes from here and gets imitated elsewhere. And it is not thanks to universities, which obviously claim a lot more credit than their accomplishments warrant. Like Britain in the Industrial Revolution, America's asset is, simply, risk taking and the use of optionality, this remarkable ability to engage in rational forms fo trial and error, with no comparative shame in failing again, starting again, and repeating failure.

The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment. Typically, high past returns simply imply that an asset has become more expensive and is a poorer, not better, investment.

As a businessman, Donald Trump has been associated with some of the worst excesses of a particular style of value-extracting and asset stripping capitalism: set up businesses, let them fail, avoid paying suppliers, use bankruptcy laws to avoid taxes for decades, then set up another business somewhere else. It is this model that is the cause of many problems we see today.

Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks.

Having people around you that are honest with you, and having a team around you that can actually track and communicate where things are working and where they're not working, is really an invaluable asset to an artist's career. I just see it time and again, people who have no clue about that stuff. It's frustrating, and I see the frustration for them. It's a weird thing being an artist, trying to navigate the music business with little to no help.

Costume is always an asset. Normal costume you have a lot to say about - if you're wearing suits or ties, and what color you want, and how it's going to be cut, and stuff like that, and whether or not you're going to wear a hat, and blah, blah, blah. But, when you're wearing a special costume, and of course, costume is probably the second ingredient in character, script being first, I always find that the costume does a lot to cement your character, to put it firmly in mind.