George Stephanopoulos Quotes

But NESV has always had debt from the first day we purchased the Red Sox. We have some partners who look at Internal Rate of Return (IRR) and almost demand that we have debt as a consequence.

My father was in real estate, banking, and land management. As family life, it was very conventional, happy, and comfortable. We weren't wealthy, but we were well-off.

Real estate is at the core of almost every business, and it's certainly at the core of most people's wealth. In order to build your wealth and improve your business smarts, you need to know about real estate.

There's nothing as short as short-term debt.

I was so in debt by the end of 'Dust Devil,' having picked up the tab personally for the post-production of the movie, and having no way to recoup because I didn't own the rights to the movie. There was no way I could see any money back on it, so any money spent was just a dead loss.

No enterprise, small or large, public or private, can remain self-governing, let alone successful, so deeply in hock to others as we are about to be.

If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

We've always been modestly leveraged, and we've never believed in a great deal of leverage on either our private equity business or on our investment banking business. And I think it really goes back to my uncle and dad growing up in the Depression and just seeing what happened to people who were overly levered.

Not so long ago, companies that borrowed lots of money were considered risky, appropriate only for daredevil stock pickers. Those with lots of cash on hand and few outstanding debts might be dull stocks, but they were at least safe bets for bondholders.

The transaction cost approach maintains that some projects are easy to finance by debt and ought to be financed by debt. These are projects for which physical-asset specificity is low to moderate.

The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs out the game will stop.

A stable currency and an excessive external debt are incompatible. A similar relation holds as between a country's currency and an excessive internal debt

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

You do not want to get your debt ratio out of whack.

I used to collect Persian rugs and real estate - you should be able to walk on and live in your money. I had to give up the rugs because I'm allergic to mould.

You [Donald Trump] call yourself the King of Debt. You talk about leverage. You even at one time suggested that you would try to negotiate down the national debt of the United States.

People who want to make a million borrow a million first

I have now the gloomy prospect of retiring from office loaded with serious debts, which will materially affect the tranquility of my retirement.

Main Street has too much debt already. It is simply a bonanza for speculators who can borrow the overnight money and then buy something that they can speculate on.

A Realtor is an old fashioned Real Estate man with a neck tie. A Real Estate man sold you what you wanted, a Realtor sells you what you don't need. A Real Estate man showed you what you could raise on the land, a Realtor tells you what you can build on it.

In the 1930s, there was a stretch where you could borrow more against the real estate than you could sell it for. I think that's what's going on in today's private-equity world.

The greatest threat to our national security is our debt. We borrow a million dollars a minute.

Our company was mortgaged to the hilt, and that did restrain us, and it's why we had to take in partners.

I've gone bankrupt about four times now. Every dollar I earn goes on the show.

I also love real estate and decorating.