Monday, December 21, 2009

Some quotes in Finance

-The point is, ladies and gentleman, that greed -- for lack of a better word -- is good.Greed is right.Greed works.Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

- Human nature changes very slowly over time, if at all. Therefore, history is relevant because human beings will react to similar circumstances in similar ways. The trick, however, is to find the relevant piece of history on which to draw parallels. In this sense, forecasting is an art, not a science.

-Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further away.


Funny Quotes

-We have seen this movie before - We are gonna be OK. (On the current economic crisis)

-Like it or not Finance is an area of credentials.

-MBA- Master of Bullshitting and Asslicking

-About a top tier program - "I got a job in I Banking not because of the program but at the cost of it." ( stress on networking)

-Having a Master in Financial Economics means nothing just that you have to be a Master in Job hunting.

-Risk Management is like eating glass - you will bleed through your rectum.

-Ask five economists and you'll get five different answers (six if one went to Harvard).

-It's recession when you friend loses his job , its depression when you lose your job.

-Anybody who had any talent, left India long back.

-In India their is a certainty of mediocrity , in US there is an uncertainity of excellence (in the first job).

- While Applying for MBA : "Doing a CFA will not differentiate you, not doing it will."

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