Angela Merkel Quotes

You're only the boss if you put up your own money.

Do you realize that $150 billion of our tax money is given to the corporations, unions and wealthy people for tax breaks, special subsidies and special regulations? That money would be available for health and education and building bridges.

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.

The things that I've learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets, you've learned, and you don't make bigger mistakes.

New Jersey is not going to give the money earned by average taxpayers to millionaire sports owners and give government subsidies to sports teams.

There’s nothing like doing things with OPM—Other People’s Money. It takes the risk out of it.

I don't take lightly ever putting the taxpayer on the line to support an institution.

Moral hazard is something I don't take lightly.

Stock market risk is ok, but not for Social Security.

If you don't invest in risk management, it doesn't matter what business you're in, it's a risky business.

Great spenders are bad lenders.

If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!

Extra interest signifies extra risk.

Apparently the only people who are supposed to be responsible are the taxpayers - and they are increasingly made responsible for other people's irresponsibility.

Student loans have been helpful to many. But they offer neither incentive nor assistance to those students who, by reason of family or other obligations, are unable or unwilling to go deeper into debt. ... It is, moreover, only prudent economic and social policy for the public to share part of the costs of the long period of higher education for those whose development is essential to our national economic and social well-being. All of us share in the benefits - all should share in the costs.

Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.

If a group of people - leaders - can convince a group of folk who barely have a pot to piss in that the rich shouldn't be taxed-- THAT is leadership!

Using volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return.

Owning stocks is like having children - don't get involved with more than you can handle.

I know many members of our community steer clear of Wall Street because of the perception that the stock market is risky, but I am convinced the biggest risk of all is not taking one.

He that will be surety, shall pay.

The greater the potential for reward in the value portfolio, the less risk there is.

People are beginning to realize that the apparatus of government is costly. But what they do not know is that the burden falls inevitably on them.

At the end of the day, capital is a coward. It's going to flee from wherever it perceives risk to be present in the marketplace.

Never lend money to a friend. It's dangerous. It could damage his memory.