I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.

You don't try to have the very lowest cost of an asset. You try to have the right asset. So rather than thinking about the lowest cost, the question is how do you get the best productivity.

Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on.

Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings.

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

One should have a wide variety of assets in one's portfolio. And oil, by the way, is a particularly important asset to have in one's portfolio because we need it, and the economy thrives on it.

This is a universal human dream - that brains, not brawn, will rule - and the fact that America has the world's finest institutions of higher education may be our greatest single national asset.

Peace, for us, is an asset and in our interest. It is an absolute human asset that allows an individual to freely develop his individuality unbound by any regional, religious, or ethnic fetters.

Children should be taught in school that you should have all kinds of asset classes in your portfolio. They should be taught what those asset classes are, and their advantages and disadvantages.

Don't let what you don't know scare you, because it can become your greatest asset. And if you do things without knowing how they have always been done, you're guaranteed to do them differently.

I think it's good that people value their bodies and take care of them. I think if you cross the line and begin using your body as an asset or as an extension of your vanity, you've gone too far.

We believe that people moving their portfolios to an overweight in bonds will be disappointed over the long-term and will significantly underperform an asset allocation that over-weights equities.

By helping New Yorkers turn their greatest expense - their home - into an asset, Airbnb is a vehicle that artists, entrepreneurs, and innovators can use to earn extra money to pursue their passion.

There is a lot of volatility in the digital asset market broadly, and certainly that is true in the bitcoin market. It's been true for XRP, and I think that's because these markets are very nascent.

The Magnitsky law has proven to be a powerful tool. While asset freezes and travel bans against corrupt officials may sound incidental, they have shaken the Putin kleptocracy right down to the core.

Ted Turner is still a leader. And he sets a great example. His ability financially has been reduced, but his influence and his example still is an important asset to the whole environmental movement.

When you work for a company you always, well I know, I try to give advice to young kids and other peers that when you work for a company you just don't want to be an employee, you want to be an asset.

You cannot have an asset that goes up in price 1% every month or 1% every six months or every day without people starting to start thinking it'll do the same tomorrow, so that's why these bubbles form.

We have never seen a sport as a business, and we have this great passion for football. QPR are not a trophy asset. If we had wanted a trophy asset, there were more glamorous clubs we could have bought.

Taxes have been complicated. Every single time I spend a Bitcoin, it's a taxable event. It's like I bought and sold an asset. It counts as an investment, with a short- or long-term capital gain or loss.

If you don't talk about families, then it's easy to disembody subprime mortgages and asset securitization and unemployment rates without remembering that every one of those numbers is a million families.

This is how the Russians have operated for years - they get the goods on people and then they can get you to do what they want. This is how someone like Donald Trump could be turned into a Russian asset.

I've always been tough my whole life. I'm able to take a lot of punishment, and that might be an even greater asset than my offense. I'm the guy that can take your best shot, and I'm not going to go down.

When Gordon Brown becomes prime minister, the balance sheet that reflects his economic stewardship could look very sickly indeed. He could become Labour's biggest liability, not its most marketable asset.

Even if your bosoms are your best asset, deep round-neck or scoop-neck Ts can be too revealing. Offset this flash of gorgeousness by covering up your arms with a little cardi that has sleeves to the elbow.

For the states that take the lead on reform - asset recycling, deregulation, service innovation - the Federal Government could step back, and allow greater flexibility in how we deliver our responsibilities.

At some point of time, Imman won't be in this world. But my biggest asset would be if my biggest hater had at least 100 songs that I composed in his playlist. That's how I know my work will continue to live.

The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.

Legg Mason's structure is misunderstood by the market. Legg Mason has an affiliate model. They own 100% of their affiliates, which are investment managers such as Permal, Western Asset Management, and Royce.

The blockchain is an asset normalization platform that can enable a new liquidity in transactions, hence creating large networks of usage and value effects with benefits in speed, cost, quality, or outcomes.

We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?

We try to create as safe an environment as possible for our citizens and for our visitors. That's one of the main positive features of Monaco. In an ever-changing and difficult world, it's a tremendous asset.

To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the Fed because this is such a competent, professional and well-respected organization.

I have a lot of memos in my phone of songs; I've had dreams about a melody. It's always melody first as far as when stuff like that happens - I find that my melodic sense is my strongest asset as a songwriter.

I placed too much importance on comparing how much I had to others early on. Then I started realizing time was a far more valuable asset. When I started using money to create more time, I appreciated both more.

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.

Small-company stocks, like any asset class, can get picked over from time to time, but there are fundamental reasons why diligently mining them with an eye for unrecognised value can get market-beating returns.

Almost any illiquid asset today lends itself well to moving onto the blockchain and becoming tokenized. It will create a deeper market with improved price discovery and should increase the value of those assets.

Our view is that consumer finance - what people think of as retail finance - that arena is ripe for disruption. Bitcoin is absolutely a core platform and asset format that we are dependent on to build this business.

When you're editing the film, you use a temp track. So you're putting music in there for a rough cut to keep track of what's going on. It can be a hindrance if wrong, it can be an enormous asset if you get it right.

There is a science to managing high tech businesses, and it needs to be respected. One of them is that in technology businesses, leadership is temporary. It's constantly recycling. So the asset has limited lifetime.

I'm not trying to project any persona. Often people don't know where to put me. I don't fit comfortably under banners, and that's fine. I'm not worried about not making sense to people. That's probably my best asset.

There are stereotypes that have been out there for a long time that tell girls that their main asset, the main thing that they are valued for, is their appearance and also that it's to the exclusion of anything else.

Asset managers have different approaches, and I don't wish to suggest there is only one way to run money. There are many ways one can attempt to reduce risk, improve performance, lower drawdowns and reduce volatility.

The vice president had a bargaining asset, however, that no ordinary person has: He was next in line to the presidency. I saw no chance that he would resign first, then take his chances on trial, conviction, and jail.

Your decision to be, have and do something out of ordinary entails facing difficulties that are out of the ordinary as well. Sometimes your greatest asset is simply your ability to stay with it longer than anyone else.

Whether you're an athlete or a student, having an adult who believes in you and can give you advice and wisdom that is coming from a place of experience is an incredible asset to help guide you through your young life.

I think physical comedy is an amazing asset because it tells a story that's more universal than just language and dialogue. I grew up watching Charlie Chaplin and Buster Keaton. They're very powerful figures in my life.

By design, Bitcoin is a scarce resource with a predictable supply of new issuance. And it is this scarcity and predictable supply that make it so attractive as an underlying asset to bind to economic activity and trade.

I've always avoided making being a woman my main asset and unique selling point. If it is then you'll start seeing other women as competition, and that's the last thing you need when entering a very male-dominated field.

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