Kenneth Arrow Quotes

What happened after publication of our paper was that, for the next 40 years, people said, all right, we now know the answer to the capital structure question under ideal conditions.

Even if a company is taken private, at some stage people want to make it public.

I think Wall Street is very important, especially to tech companies. Wall Street will get in their rhythm and go fund tech companies, and tech companies will go create jobs and employ a lot of people, so there's that aspect of Wall Street.

You go public because you want access to capital in the form of debt and equity.

Any company of my size cannot live without thinking it's possible to go public one day.

There is no country in the world where it's as easy to find venture capital in the stock market as the United States.

I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.

With a private company, you've got to get into who's investing and what's the balance sheet like. So going public is a positive thing from the perspective of the sales organization.

If companies are able to raise equity from the market, then their problems for financing incomplete projects will come to end. Investment cycle in the capital market can kick-start with the money of savers and investors.

People used to think that private equity was basically just a compensation scheme, but it is much more about making companies more efficient.

One, I love the creativity. I love the ability to create a capital structure that is appropriate for a company, no matter what field it happens to be in.

The important source of finance is now commercial papers, bonds, and so on.

In India, the investment banking industry is a little different. Overseas, the structures are very complicated, but not in India.

Capital structure isn't an eyeshade economic thing: It's about your ability to protect your workforce and your service levels.

If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. They have a commodity that they're selling and they have to differentiate themselves.

Venture capital is debt. People don't understand that.

As the founder and former chief executive of two publicly traded companies, I have had a great deal of exposure to how debt markets work.

Before I entered politics, I worked for more than 15 years in corporate finance in the City, where I saw for myself the value of foreign investment. Simply put, it is a catalyst for prosperity.

If we're going to be an effective, efficient economy, we need to have all part of that engine running well, and that includes Wall Street and Main Street.

And make sure that capital structure we have in place is the right capital structure. I think that's the reason that we've been successful.

The financial markets play an active role in determining what's going to happen, how the economy is going to function.

People talk about generating my own work, but I don't really know how to go about that. There are certainly some roles in the theater I'd like to play but I don't know if I'll ever get to do it.

I know my role and I play it well.

I'm like John Wayne. I only play good guys. Describing his cameo role on a TV series.

Emotion did not play a part in truth, only reality did.