Laurence D. Fink quotes

One of the key elements of human behavior is, humans have a greater fear of loss than enjoyment of success. All the academic studies will show you that the fear of loss of capital is far greater than the enjoyment of gains. (Laurence D. Fink)
When you look at dividend returns on equities versus bond yields, to me its a pretty easy decision to be heavily in equities. View quote
Laurence D. Fink
I like multinational companies. They may have 40 to 60 percent of their engines of growth in the United States, but I do like the diversification of being more global. View quote
Laurence D. Fink
Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan? View quote
Laurence D. Fink
I am pleased to be part of Promontory's steady efforts to assist banks and other financial firms in meeting legal and regulatory obligations and challenges. View quote
Laurence D. Fink
What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast. View quote
Laurence D. Fink
I am responsible for managing more schoolteachers' and firemen's money than anybody in the world. That's an enormous responsibility. View quote
Laurence D. Fink

Laurence D. Fink

Laurence D. Fink - Image
Photo: Wilson Center, GFDL
Occupation: American Businessman
Born: November 2, 1952
Quotes count: 7