James O'Shaughnessy Quotes

A living is made, Mr Kemper, by selling something that everybody needs at least once a year.Yes, sir! And a million ismade by producing something that everybody needs every day.You artists produce something that nobody needs at any time.

If you talk to people about the history of the games business during economic downturns, they'll tell you that it's a recession-proof industry.

Cities and regions change. It doesn't happen overnight, but diversifying your economy is the only real route.

We don't know what's around the corner - and we must do everything to ensure we get our country's debts down, building our resilience so we don't repeat the mistakes of the past.

Even when [Federal Reserve Chairman Ben] Bernanke said the recession was over ... you think that would have been a bigger boom somewhere, but it seems we just take everything in stride.

A race that is solely dependent upon another for economic existence sooner or later dies. As we have in the past been living upon the mercies shown by others, and by the chances obtainable, and have suffered there from, so we will in the future suffer if an effort is not made now to adjust our own affairs.

If you don't provide a product that is satisfying people, no matter what your ideology, they tell you to take a hike.

There's never a recession if you work for the government.

Regardless of the overall state of the economy, there is now a large enough elite made up of new multi-millionaires and billionaires for Wall Street to see the group as "superconsumers," able to carry consumer demand all on their own.

We are currently gradually stabilizing our economy.

A strong American economy is essential to the well-being and security of our friends and allies.

Our microeconomic indicators are stable and it gives me reason to believe that we will calmly and steadily pass this uneasy period in our economy, which has already no doubt adapted to the current situation.

What would you do if your country's welfare depended on labor? When a ship is in a storm it requires one captain.

Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability

One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies.

Like it or not, we have to have a financial system that is healthy and functioning.

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.

I am convinced that ... we have reestablished confidence. Wages should remain stable. A very large degree of industrial unemployment and suffering which would otherwise have occurred has been prevented.

We have very stable, solid economy; we are going through challenging times.

Australians have defied global economic gravity.

I bought my first stock in 1942, in the summer of '42. I was 11 years old. And so 75 years have gone by. And I have never known what the market's going to do the next day. And that's not my game. My game is to decide whether I'm in the right economy, which America's definitely been ever since that time. The Dow has gone from 100 to 21,000 during that time. And no matter what the headlines say, or terrible things are happening - we were losing the war in the Pacific when I first bought stocks.

I do think that saving the economy was a pretty big deal. We did a lot of stuff early that ended up having an impact. I believe that the work we've done in moving our energy future in a cleaner direction is going to stick even if some of the individual steps that we took are reversed by future administrations. I think that it's embedded itself in the economy.

Our country's economy is strong, diversified, and resilient.

However, if we leave the industrial machinery and their energy-distribution networks and leave them also all the people who have routine jobs operating the industrial machinery and distributing its products, and we take away from all the industrial countries all their ideologies and all the politicians and political machine workers, people would keep right on eating. Possibly getting on a little better than before.

There can be no security anywhere in the free world if there is no fiscal and economic stability within the United States.