Instead of looking at hoarded cash as being a 'rainy day fund' we need to view these balances as stores of economic growth. This cash represents potential investments, new jobs, new innovations and the potential for significant wealth creation and diffusion.
— Author“By founding my own charities, I solved that problem. Charity occupies around a third of my life, it's a big challenge and a big responsibility. Around eight years ago, I decided to donate at least half my wealth to charitable causes during my lifetime or upon my death.”— John Caudwell
The quote archive
Business
A growing archive of 3,000+ moments, drawn from every interview.
What on earth they [referring to government] will do next…
— Business AdvisorBill Gates of Microsoft is on-record as saying, 'Microsoft would not function as a company in the way that it does without operations in Israel.'
— Michael FreedmanMathematician & Topologist, Solved the 4-Dimensional Poincaré Conjecture
As far as I'm concerned any business that's up and running within an hour of having mortar [attacks shows remarkable resilience].
— Michael FreedmanMathematician & Topologist, Solved the 4-Dimensional Poincaré Conjecture
What's remarkable about Israel's economy is that in the last few years we have situations which, in any other country, would have been totally disruptive. The incredible thing is that none of these threats have a measurable impact on our economy!
— Michael FreedmanMathematician & Topologist, Solved the 4-Dimensional Poincaré Conjecture
During the crisis and immediately thereafter the focus was less on infrastructure and more on, 'I need to find a manager, any manager, who can make some damn money!'
— Ron ResnickAfter Amaranth, I think to a significant extent, the business side became more important and of greater focus for institutional investors than the investment side.
— Ron ResnickI think transparency in this sense is a red-herring. A multi-strategy hedge fund could give an investor or the SEC it's daily trade blotter and accomplish 'transparency,' and the recipient would have no idea what to make of the trades.
— Ron ResnickHedge funds don't have that asymmetric risk profile problem because, in general, the interests of the hedge fund managers are aligned with their investors. I think only people who are pandering to perceived public passions are blaming hedge funds for the financial crisis.
— Ron ResnickI personally think that it's only the ignorant and populism pandering politicians who treat the hedge fund industry as a scapegoat for the financial crisis. It was the extremely heavily regulated investment banks who, risking their shareholders' money, levered their firms up to 40:1!
— Ron ResnickEarly stage investing is very difficult and financially risky meaning that a lot of what we invest in won't work. A lot of what we do is, in effect, pilots to see if individual projects or funds can generate some positive return.
— Nick O’DonohoeThe social sector offers this middle-ground where you've got organisations that have a social purpose. They care about the level of service in a real way, but also have the financial disciplines of a for-profit company as they must be sustainable.
— Nick O’DonohoeImpact investing starts from the other end. It starts with an issue… this could be a problem, a social issue or so on. Impact investors start with an issue and then try to build a viable, sustainable financial model around that.
— Nick O’DonohoeBrands create demand and, most importantly, they create secure demand. If you have a loyal customer, that gives you more security of income, earnings and employment.
— Rita CliftonLeading brand strategist and founding partner of Interbrand
For businesses to survive, let alone brands, you need a secure and stable base. You need secure economic and social conditions to reduce risk.
— Rita CliftonLeading brand strategist and founding partner of Interbrand
The starting point is to realise that brand, in whatever type of organisation, is the most important and sustainable asset you've got. People may leave or die, buildings may dilapidate or fall down, products and services may become obsolete… The thing that lives on is brand.
— Rita CliftonLeading brand strategist and founding partner of Interbrand