It is the business of the future to be dangerous; and it is among the merits of science that it equips the future for its duties.
By definition, risk exposes businesses to danger.
I’ve always been on the business side – running P&L and working with clients.
Entry-level jobs are excellent opportunities to educate young women about the realities of the financial world and can prepare them for the next move up within the firm or another area of the financial industry.
I was always first in, last out, but not inefficiently.
If you’re not making use of even the most routine assignment to learn something, realize that many of your colleagues and coworkers are.
There are a lot of jobs in the financial industry that do need a math major.
You can’t be successful in business without taking risks. It’s really that simple.
The financial service industry has an image issue.
You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions, and things that really allow us to blend the best of technology and the human brain.
Form follows profit is the aesthetic principle of our times.
Use the same measure for selling that you use for purchasing.
There is no harm in patience and no profit in lamentation. Death is easier to bear (than) that which precedes it and more severe than that which comes after it. Remember the death of the Apostle of God, and your sorrow will be lessened.
Buy cheap and sell dear.
Investment is most intelligent when it is most businesslike.
Individuals who cannot master their emotions are ill-suited to profit from the investment process.
A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.
The best values today are often found in the stocks that were once hot and have since gone cold.
By developing your discipline and courage, you can refuse to let other people’s mood swings govern your financial destiny. In the end, how your investments behave is much less important than how you behave.
On the other hand, investing is a unique kind of casino—one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor.