wealth allocation Quotes

The man who dies leaving behind him millions of available wealth, which was his to administer during his life, will pass away unwept, unhonoured and insung no matter to what uses he leaves the dross which he cannot take with him.

The British system denied any role for human creativity, and instead argued, that if man merely followed his hedonistic desires, pursuing pleasure and avoiding pain, objective laws would naturally guide society to achieve the best allocation of wealth.

There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?

The realistic way to reduce the amount of money in politics is to reduce the amount of politics in money -- the importance of government in allocating wealth and opportunity.

The issue is not about raising taxes. The issue is, how do we allocate the wealth that we have? We spend trillions of dollars on a military industrial complex. The United States accounts for 38% of all the military armaments produced in the world. 38%. This is a huge amount of money. People want and need services. They want roads, they want healthcare.

We can't have investors buying four apartments while young couples struggle to raise another 5,000 shekels for a home. I appeal to investors: Think about these young couples, and invest your money elsewhere.

I have high-tech tastes. If I had $100 million, I would spend it on research equipment rather than a yacht.

Your priorities, passions, goals, and fears are shown clearly in the flow of your money.

If we have learned anything in the past ten years, it is that these lovely things about America were never lovely. We have been expansionist and aggressive and mean to other people from the beginning. And we've been aggressive and mean to people in this country, and we've allocated the wealth of this country in a very unjust way. We've never had justice in our courts for the poor people, for black people, for radicals. Now how can we boast that America is a very special place? It's not that special. It really isn't.

I disagreed with Carnegie's ideas on how best to distribute his wealth. I spent mine!

If the choice is between buying another building or a Pollock, I'd go for the Pollock every time.

The Obama administration's agenda of maximizing dependency involves political favoritism cloaked in the raiment of "economic planning" and "social justice" that somehow produce results superior to what markets produce when freedom allows merit to manifest itself, and incompetence to fail. The administration's central activity - the political allocation of wealth and opportunity - is not merely susceptible to corruption, it is corruption.

Some people want to give money to their children, buy houses, go on a holiday - whatever it is that they want to invest in. This particular journey has been something that I wanted to do most of my life, but there was no real opportunity to do so.

You can spend your money on art works and sit down and look at them. Or you can use your money to help people.

Who uses funds more productively - private citizens or the government? I dare say that Warren Buffett can use his surplus funds more effectively in private business and creating jobs than the government can.

Whenever I made money I invested in myself... I bought whatever I needed to make my career better. I never really spent money on other stuff, like buying expensive cars.

When I had money in the past, I would always travel rather than spend it on big apartments or cars. And I still feel exactly the same way.

The thing that surprised me the most is just how much money women that weren't rich were paying for their hair. When you're in a beauty parlor in Harlem next to abandoned buildings and somebody's paying five grand for a weave, that's a bit much. I think this is, in a weird way, part of the health care debate. It's like, hmm, there's people with $2000 weaves that could have bought health care with that weave money.

I like putting my money into things like food and shelter. I'm probably a bad example of an investor.

What would be better, that people build big houses thinking that they'll make capital gains or that they send their children to medical school and they do research on curing diseases? When you put it that way, it seems obvious. There has developed a sense of personal worth that's tied to one's house.

The rule of law does not do away with the unequal distribution of wealth and power, but reinforces that inequality with the authority of law. It allocates wealth and poverty in such calculated and indirect ways as to leave the victim bewildered.

Man takes a great deal of pains to heap up riches, and they are but like heaps of manure in the furrows of the field, good for nothing unless they be spread.

Give me five minutes with a person's checkbook, and I will tell you where their heart is.

Money in property is dead money. It doesn't help the country. It's funny how the U.K., Ireland and Spain are the most property-obsessed nations in Europe and yet are also the ones suffering the most.

Whatever your dream is, every extra penny you have needs to be going to that.