Balance Sheets quotes:

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  • Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor. -- Peter Drucker
  • We are led by lawyers who do not understand either technology or balance sheets. -- Thomas Friedman
  • It sounds extraordinary but it's a fact that balance sheets can make fascinating reading. -- Mary Archer
  • With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing. -- Toshihiko Fukui
  • Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings. -- Diane Garnick
  • If you think too-big-to-fail banks are not worthy of investment because of their impossible-to-read balance sheets, well then, don't buy them. -- Barry Ritholtz
  • There are men who can write poetry, and there are men who can read balance sheets. The men who can read balance sheets cannot write. -- Henry R. Luce
  • The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality. -- Chris Chocola
  • Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and heavily burdened with bad loans. -- Ben Bernanke
  • When I started Netscape I was brand new out of college and all the aspects of building a business, like balance sheets and hiring people, were new to me. -- Marc Andreessen
  • It is economically irrational to exclude large environmental costs from the balance sheets of the producers and the consumers. You are only kidding yourself if you export those costs on to society as a whole. -- John Holdren
  • Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. -- Vince Cable
  • Throughout the industrial era, economists considered manufactured capital - money, factories, etc. - the principal factor in industrial production, and perceived natural capital as a marginal contributor. The exclusion of natural capital from balance sheets was an understandable omission. There was so much of it, it didn't seem worth counting. -- Paul Hawken
  • It sounds extraordinary, but it's a fact that balance sheets can make fascinating reading. -- Mary Archer
  • Nobody knows everything that's hidden in the balance sheets of banks. In fact, they are completely impenetrable. -- Jerome Kerviel
  • A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets. -- Li Ka-shing
  • Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets. -- Peter Lynch
  • Balance sheets bore me. I suspect if figures had excited me I would have gone into the city and now be a lot wealthier. -- Anne Robinson
  • I look for the hotels that have figured out the comfortable balance - a modern room that is well designed, and really clean sheets. -- Simon Sinek
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