John Steele Gordon quotes

“Genealogy of American Finance is a treasure trove of information on American banking and its history, in an unusual -- and unusually useful -- format.”
-- John Steele Gordon

#Banking Quotes #Treasure Quotes #Information Quotes

“Chili is much improved by having had a day to contemplate its fate.”
-- John Steele Gordon

#Fate Quotes #Chili Quotes #Contemplating Quotes

“Intellectuals love Jefferson and hate markets, and intellectuals write most of the books. Intellectuals often think that they should, for the benefit of mankind, act as fiduciaries for the clods who don't have to be intellectuals, and I suspect that has to do with [why historians love Jefferson and not Hamilton, even though Hamilton's vision of America's commercial future was vastly more accurate than Jefferson's].”
-- John Steele Gordon

#Hate Quotes #Book Quotes #Writing Quotes

“Not only does the liberal paradigm not even come close to agreeing with the social and economic reality on the ground today, worse, it has largely congealed into a political religion. . .”
-- John Steele Gordon

#Reality Quotes #Political Quotes #Doe Quotes

“Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.”

“Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.”

“Banks get in trouble for one reason: They make bad loans.”

“When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.”

Source : Duff McDonald (2009). “Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase”, p.151, Simon and Schuster

“The lips of the wise are as the doors of a cabinet; no sooner are they opened, but treasures are poured out before thee.”

“Make your world extraordinary! Step out into this world with confidence and treasure yourself.”

Source : FaceBook post by Alli Simpson from Sep 29, 2012

“LANGUAGE, n. The music with which we charm the serpents guarding another's treasure.”

“A treasure...at the top of any list of fantasy to be cherished.”

“All true histories contain instruction; though, in some, the treasure may be hard to find, and when found, so trivial in quantity, that the dry, shriveled kernel scarcely compensates for the trouble of cracking the nut.”

“My head was a magpie's nest lined with such bright scraps of information.”