More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
--
Akio Morita (1989) in: Peter Krass ed. (2000) The Book of Management Wisdom: Classic Writings by Legendary Managers. p.235Akio Morita
Companies that go bankrupt are a danger to healthy competition. They are able to make their creditors and shareholders pay for their losses and bad management and then to start anew with assets that they essentially got for free, quite unlike the competition that has not gone bankrupt, who have to pay full price for their assets, but quite similar to how their customers have wanted their products, for too little money.
Erik Naggum
Security can be found in renunciation of ownership over people, money, and real assets; to gain, keep or protect that which others need for periods of legitimate access. A lending library enables people to help themselves to information; a locked-up book collection is useful only to the person who owns it.
Bill Mollison
The Baghdad regime is the first oil-producing government to opt for 100-per-cent nationalisation, a process completed with the acquisition of foreign assets in Basrah last December. It was the first to call for the use of oil as a political weapon against Israel and her backers. It gives strong economic and political support to the ‘Rejection Front’ Palestinians who oppose Arafat’s conciliation and are currently trying to outface the Syrians in Beirut. And it has a leader — Saddam Hussain[sic] — who has sprung from being an underground revolutionary gunman to perhaps the first visionary Arab statesman since Nasser.
Christopher Hitchens
Here’s why I would recommend against [selling the U.S. stock markets short]....Retail brokers normally require investors to hold any short-sale proceeds in U.S. dollars, usually earning no interest. The dollar, seen through my famously jaundiced eye, could lose more purchasing power than the security you sold short lost value....I’ve got a much better idea, which is to borrow dollars and spend them to acquire foreign income-producing assets, using the income to pay the interest.
Peter Schiff
We believe in a strong dollar ... Chinese financial assets are very safe.
Timothy Geithner
Morita, Akio
Morkot, Robert
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z