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Capital Quotes
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When returns on capital are ordinary, an earn-more-by-putting-up-more record is no great managerial achievement. You can get the same result personally while operating from your rocking chair. Just quadruple the capital you commit to a savings account and you will quadruple your earnings. You would hardly expect hosannas for that particular accomplishment. Yet, retirement announcements regularly sing the praises of CEOs who have, say, quadrupled earnings of their widget company during their reign — with no one examining whether this gain was attributable simply to many years of retained earnings and the workings of compound interest.
Warren Buffett
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My father probably thought the capital of the world was wherever he was at the time. It couldn't possibly be anyplace else. Where he and his wife were in their own home, that, for them, was the capital of the world.
Bob Dylan
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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Warren Buffett
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We must finally understand that of all the precious capital in the world, the most precious capital, the most decisive capital, is human beings. Cadres are the key to everything!
Joseph Stalin
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Once capital becomes an idol and guides people's decisions, once greed for money presides over the entire socioeconomic system, it ruins society, it condemns and enslaves men and women, it destroys human fraternity, it sets people against one another and it even puts at risk our common home.
Pope Francis
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In bourgeois society capital is independent and has individuality, while the living person is dependent and has no individuality.
Karl Marx
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The vast individual and corporate fortunes, the vast combinations of capital which have marked the development of our industrial system, create new conditions, and necessitate a change from the old attitude of state and the nation toward property.
Theodore Roosevelt
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At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.
Thomas Jefferson
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There is a world-wide conflict between capital and labour, and the poor envy the rich.
Mahatma Gandhi
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These numerous points at which money is withdrawn from circulation and accumulated in numerous individual hoards or potential money-capitals appears as so many obstacles to circulation, because they immobilise the money and deprive it of its capacity to circulate for a certain time.
Karl Marx
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The people are weary of being oppressed, persecuted, exploited to the maximum. They are weary of the wretched selling of their labor-power day after day — faced with the fear of joining the enormous mass of unemployed — so that the greatest profit can be wrung from each human body, profit later squandered in the orgies of the masters of capital.
Che Guevara
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The jovial party broke up next morning. Breakings-up are capital things in our school-days, but in after life they are painful enough. Death, self-interest, and fortune's changes, are every day breaking up many a happy group, and scattering them far and wide; and the boys and girls never come back again.
Charles Dickens
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The highest use of capital is not to make more money, but to make money do more for the betterment of life.
Henry Ford
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The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with most unnecessary attention but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of man who have folly and presumption enough to fancy himself fit to exercise it.
Adam Smith
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As for our common defense, we reject as false the choice between our safety and our ideals. Our Founding Fathers, faced with perils we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man, a charter expanded by the blood of generations. Those ideals still light the world, and we will not give them up for expedience's sake. And so to all other peoples and governments who are watching today, from the grandest capitals to the small village where my father was born: know that America is a friend of each nation and every man, woman, and child who seeks a future of peace and dignity, and that we are ready to lead once more.
Barack Obama
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In its beginnings, the credit system sneaks in as a modest helper of accumulation and draws by invisible threads the money resources scattered all over the surface of society into the hands of individual or associated capitalists. But soon it becomes a new and formidable weapon in the competitive struggle, and finally it transforms itself into an immense social mechanism for the centralisation of capitals.
Karl Marx
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Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart and not too smart at that, only a very few times. Indeed, we now settle for one good idea a year.
Warren Buffett
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Gibson:
And in each instance, when the [capital gains tax] rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?
Obama:
Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.
Barack Obama
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We have our difficulties, true; but we are a wiser and a tougher nation than we were in 1932. Never have there been six years of such far flung internal preparedness in all of history. And this has been done without any dictator's power to command, without conscription of labor or confiscation of capital, without concentration camps and without a scratch on freedom of speech, freedom of the press or the rest of the Bill of Rights.
Franklin D. Roosevelt
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Capital, created by the labour of the worker, crushes the worker, ruining small proprietors and creating an army of unemployed.
Vladimir Lenin
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Capital grows in one place to a huge mass in a single hand, because it has in another place been lost by many. This is centralisation proper, as distinct from accumulation and concentration.
Karl Marx
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In reality, the labourer belongs to capital before he has sold himself to capital.
Karl Marx
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Our America is integrated by a group of more or less homogeneous countries and in most parts of its territory U.S. monopolist capitals maintain an absolute supremacy. Puppet governments or, in the best of cases, weak and fearful local rulers, are incapable of contradicting orders from their Yankee master.
Che Guevara
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Capitals accumulate faster than the population; thus wages; thus population; thus grain prices; thus the difficulty of production and hence the exchange values.
Karl Marx
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There rise her timeless capitals of Empires daily born,
Whose plinths are laid at midnight, and whose streets are packed at morn;
And here come hired youths and maids that feign to love or sin
In tones like rusty razor-blades to tunes like smitten tin.
Rudyard Kipling
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Quote of the day
Joy is like restless day; but peace divine Like quiet night; Lead me, O Lord, — till perfect Day shall shine Through Peace to Light.
Adelaide Anne Procter
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