Jerome Powell Quotes

I want to give producers more financial security.

I believe in diversification of income, because you never know what will happen. I'm a slightly paranoid person who thinks things could be ruined at any time.

Crop insurance should be a policy that keeps people from going broke, to make sure they can farm next year, but not to make them rich.

There was never any danger of Business 2.0 ever going under.

I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people.

People with financial plans are much more likely to feel prepared, even in tumultuous times. They're more likely to feel that their dreams and goals are secure. And, oh yes, they do actually save significantly more.

Alarm in hard times makes one live; indulgence in comfort makes one die.

Our system must remain solvent as we attempt a solution to this great problem of security. Else we have lost the battle from within that we are trying to win from without.

I think it was very important for me to look at starting to build a safety net so that I didn't feel the insecurity of the ups and downs of finances because I might do no film a year, or I might do six commercials, or I might do none.

Physical wealth has not necessarily been very secure.

I make my money from a lot of different sources, so I'm not depending on any one thing to really pull through.

I have always been very diversified, so I have never suffered a catastrophic loss. I spread my money around the way a large institutional investor does. I use different brokerage firms. I manage some of my accounts myself.

I didn't want to put myself in a position where I was living so expensively that if something happened next year or two years from now and I wasn't making the same money, I couldn't afford my lifestyle.

While the move to central clearing has made the system safer, we need to make sure that the central counterparties have the resources and risk-management practices to withstand plausible but severe shocks.

We are financially strong. We are self-sustaining. We don't have an umbilical cord that we are concerned about.

Companies are transcending power now. We are becoming the eminent vehicles for change and influence, and capital structures that matter. If companies shut down, the stock market would collapse.

It doesn't matter how big of a company you have: I always tell people that you are one job away from being broke. And if you don't live that way, you'll be broke.

Imagine your family finally making it from nothing to something, and finally getting things going, and finally buying a beautiful house and taking care of your children - and the next day, it's completely all gone. Zero. Boom. Flat broke. So that's when I had to man up.

PayPal is a strong business: it has a strong balance sheet and free cash flows, and it will help us take a look at where we want to independently invest.

It is important for Oncor to remain financially strong.

Prosperous communities are much better able to survive hurricanes or other natural disasters because they have greater resources, both public and private, to fall back upon.

Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.

Before 'Power,' I got down to $86 in my bank account. I don't know if I feel successful as much as I feel relieved because for the first time in my life I'm not scared about how I'm going to pay my rent, and I can start to put money away.

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

If making money is a slow process, losing it is quickly done.