Asset Reliability Quotes

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From a business perspective, an asset is anything that generates consistent reliable cash flow/revenue. One of the core duties of business management is to nurture business assets to ensure that the business’s income continues and grows perpetually. Because ultimately, assets are what make a business a business.
Hendrith Vanlon Smith Jr. (The Wealth Reference Guide: An American Classic)
in international affairs a reputation for reliability is a more important asset than demonstrations of tactical cleverness.
Henry Kissinger (World Order)
And human instinct is ancient and reliable, utterly mysterious and possibly capable of great genius. I believe that refined, fluent instincts are a person's most valuable asset. My own instincts have repeatedly guided me against the grain of logic and probability. When I have trusted and followed their direction, they have never been wrong. I don't know how or why. But I know that every significant experience-positive or negative-sharpens them and makes them more accurate.
Augusten Burroughs (This Is How: Proven Aid in Overcoming Shyness, Molestation, Fatness, Spinsterhood, Grief, Disease, Lushery, Decrepitude & More. For Young and Old Alike.)
Internal controls and audit oversight are indispensable pillars of sound financial management, providing a framework for safeguarding assets, ensuring the accuracy and reliability of financial reporting, and promoting operational efficiency.
Hendrith Vanlon Smith Jr. (The Virtuous Boardroom: How Ethical Corporate Governance Can Cultivate Company Success)
Financial staying power requires a company to maintain three strengths under all circumstances: (1) a large and reliable stream of earnings; (2) massive liquid assets; and (3) no significant near-term cash requirements. Ignoring that last necessity is what usually leads companies to experience unexpected problems.
Warren Buffett (The Essays of Warren Buffett : Lessons for Corporate America)
The key trait of a Sperm Pirate is that she is not driven by desperation. Escaping poverty or hardship is not her motive. She usually has a good education and access to the same opportunities as the man she tries to trap. However, she understands that it is more efficient to enjoy a lavish lifestyle through the sweat of another’s labour. But the Sperm Pirate is acutely aware that the infatuation of a hormonal man has a brief shelf life. This poor collateral must be cashed in before it expires. A pregnancy is the best way to convert this volatile resource into a stable asset. Babies are reliable insurance policies. They create legal obligations for financial support, even when the sweet milk of passion turns sour.
Taona Dumisani Chiveneko (The Hangman's Replacement: Sprout of Disruption)
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Shel Silverstein (Where the Sidewalk Ends)
The harsh truth is that the most important driver in the growth of your assets is how much you save, and saving requires discipline. Without a regular savings program, it doesn’t matter if you make 5 percent, 10 percent, or even 15 percent on your investment funds. The single most important thing you can do to achieve financial security is to begin a regular savings program and to start it as early as possible. The only reliable route to a comfortable retirement is to build up a nest egg slowly and steadily. Yet few people follow this basic rule, and the savings of the typical American family are woefully inadequate. It is critically important to start saving now. Every year you put off investing makes your ultimate retirement goals more difficult to achieve. Trust in time rather than in timing. As a sign in the window of a bank put it, little by little you can safely stock up a strong reserve here, but not until you start.
Burton G. Malkiel (A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing)
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Israel’s constant drone surveillance over Gaza also impressed President Vladimir Putin. Moscow needed reliable surveillance drones after it lost many planes during its war in 2008 against Georgia in South Ossetia. Tbilisi had used Israeli drones, and years later Moscow decided to follow suit. Having seen Israeli operations over Gaza, Russia licensed the Israeli Aerospace Industries Searcher II, renamed “Forpost” by its new owners, and it became a key asset in Russian support for Syrian President Bashar al-Assad.33 Israel trained Russian pilots to operate the drones. Russia and Israel maintained a close relationship during the Syrian civil war despite the former supporting Assad and the latter worrying about the growing presence of Russian allies Iran and Hizbollah in the country. This led Prime Minister Benjamin Netanyahu (and Naftali Bennett) to routinely attack Iranian and Syrian military positions in Syria to stop the transfer of weapons to Hizbollah. However, Moscow usually turned a blind eye to these attacks, assisted by a de-escalation hotline between the two governments.
Antony Loewenstein (The Palestine Laboratory: How Israel Exports the Technology of Occupation Around the World)
The Proofs Human society has devised a system of proofs or tests that people must pass before they can participate in many aspects of commercial exchange and social interaction. Until they can prove that they are who they say they are, and until that identity is tied to a record of on-time payments, property ownership, and other forms of trustworthy behavior, they are often excluded—from getting bank accounts, from accessing credit, from being able to vote, from anything other than prepaid telephone or electricity. It’s why one of the biggest opportunities for this technology to address the problem of global financial inclusion is that it might help people come up with these proofs. In a nutshell, the goal can be defined as proving who I am, what I do, and what I own. Companies and institutions habitually ask questions—about identity, about reputation, and about assets—before engaging with someone as an employee or business partner. A business that’s unable to develop a reliable picture of a person’s identity, reputation, and assets faces uncertainty. Would you hire or loan money to a person about whom you knew nothing? It is riskier to deal with such people, which in turn means they must pay marked-up prices to access all sorts of financial services. They pay higher rates on a loan or are forced by a pawnshop to accept a steep discount on their pawned belongings in return for credit. Unable to get bank accounts or credit cards, they cash checks at a steep discount from the face value, pay high fees on money orders, and pay cash for everything while the rest of us enjoy twenty-five days interest free on our credit cards. It’s expensive to be poor, which means it’s a self-perpetuating state of being. Sometimes the service providers’ caution is dictated by regulation or compliance rules more than the unwillingness of the banker or trader to enter a deal—in the United States and other developed countries, banks are required to hold more capital against loans deemed to be of poor quality, for example. But many other times the driving factor is just fear of the unknown. Either way, anything that adds transparency to the multi-faceted picture of people’s lives should help institutions lower the cost of financing and insuring them.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
The 12 Principles of Permaculture Investing are: 1. Accumulate & Compound Capital: Consistently save and invest to grow your capital base over time, leveraging the power of compound interest. 2. Utilize Capital: Actively deploy your capital into productive investments that generate returns, rather than letting it sit idle. 3. Retain Maximum & Gradiented Liquidity: Maintain a balance between liquid assets (easily accessible cash) and less liquid investments, ensuring you can meet immediate needs while still investing for the long term. 4. Actively Manage Passive: While focusing on passive income sources, actively monitor and adjust your investments to optimize returns and mitigate risks. 5. Prioritize Long-Term Growth: Focus on investments that offer potential for significant growth over the long term, even if they don't provide immediate high yields. 6. Prioritize Consistent Yields: Balance your portfolio with investments that provide reliable, consistent income to support your financial needs. 7. Add Net Value to all Stakeholders: Invest in ways that benefit not only yourself but also the broader community, environment, and all parties involved. 8. Provide Authentic Data: Be transparent and honest in your financial reporting, providing accurate information to all stakeholders. 9. Collect & Utilize Authentic Data: Base your investment decisions on reliable, verified data rather than speculation or rumors. 10. Diversify Holistically: Diversify your investments across different asset classes, industries, and geographical regions to reduce risk and maximize potential returns. 11. Harvest Yields Equitably: Distribute profits fairly among all stakeholders, ensuring everyone benefits from the investment's success. 12. Reinvest Yields in Most Profitable Assets: Continuously evaluate your portfolio and reinvest profits into the most promising opportunities to further compound your growth.
Hendrith Vanlon Smith Jr.
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RT had paid him $45,000 for his appearance. His colleagues had warned him that taking Kremlin gold would fatally compromise him, and they also thought that he didn’t care. (Flynn’s twenty-seven-day stint as Trump’s White House national security adviser ended after he lied to the FBI about his conversations with the Russians.) Stein said her campaign paid for her trip to Moscow, but RT paid her back. It ran more than one hundred stories on its American channel supporting her bid for the White House, amplifying her positions—“a vote for Hillary Clinton is a vote for war”—which reliably corresponded with the party line of the Internet Research Agency. “She’s a Russian asset—I mean, totally,” Clinton said three years after the election, an intriguing and incendiary charge.
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Controller. The focus of the controller—sometimes spelled comptroller—is purely internal. His or her job is providing reliable and accurate financial reports. The controller is responsible for general accounting, financial reporting, business analysis, financial planning, asset management, and internal controls. He or she ensures that day-to-day transactions are recorded accurately and correctly. Without good, consistent data from the controller, the CFO and the treasurer can’t do their jobs. The controller is sometimes called a bean counter. It’s wise to use this term correctly; some CFOs and treasurers get annoyed when it is used to describe them, as they do not consider themselves bean counters but financial professionals.
Karen Berman (Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean)
Since no one really has a fixed tolerance for risk, says psychologist Paul Slovic, it’s more helpful to think in terms of “goals, objectives, and outcomes.” How much money will you need down the road? How will you get there? What kind of result do you want to attain—or want to avoid? To answer these questions, you need to know your budget, calculate your current assets, and plan your future income and expenses. While those numbers aren’t perfectly certain, either, they are a much more reliable basis for judgment than a squishy concept like “risk tolerance.
Jason Zweig (Your Money and Your Brain)
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Don’t think that Ether is only used within the Ethereum network. It is now actively traded in many places. It will be a matter of time before it gains more popularity and gets recognized as a bona fide currency. In fact, several banks already use it to conduct b2b transactions thereby making it an important asset to adopt. The use of smart contracts makes it extremely reliable and a hit with many businesses. Although businesses are not using it in their mainstream operations, Ethereum is slowly climbing the ranks. The value of Ethereum is on a steady rise, and mainstream recognition can help it rise further. With many developers coming up with Dapps to support Ethereum, it is only a matter of time before it reaches its full potential. It will also be easier for you and me to use it and not have to rely on traditional currency. It is not just individual developers who are working on developing the apps but also organizations and governments.
Mark Fisher (Ethereum: Beginner's Academy: The Ultimate Beginner's Guide to Investing in Ethereum (cryptocurrency Book 1))
Stablecoins The ground is currently being laid to set the way for a new type of currency –the stablecoin. What is the stablecoin? The stablecoin is an asset that typically features price stability. Cryptocurrency is notoriously unstable, with volatile prices that are often difficult to predict. The advantage of them is that they give the user total control over their holdings. On the other hand, the US dollar is a great example of a fiat stablecoin, as it offers low volatility and so provides a reliable unit of money to invest in both the short term and the long term. However, the US dollar doesn’t give the user any form of control, as it is monitored by the Federal Reserve Bank and is dependent on the banking network in the US for commercial use. To get a combination of the two –full user control and reduced volatility –is an exciting prospect. Maker is a company that is currently working on a project to make this happen by creating a currency known as the Dai, which is set to become a stablecoin that combines user control with price stability. Social Networks
Ikuya Takashima (Ethereum: The Ultimate Guide to the World of Ethereum, Ethereum Mining, Ethereum Investing, Smart Contracts, Dapps and DAOs, Ether, Blockchain Technology)
I assured them that our government was not going to be ideological about this: if I was asked whether I was in favour of or against privatization, my answer would be, ‘It depends on the asset in question – a port, a railway, a beach, an electricity company?’ Beaches I would never sell, I told them, just as I would never sell the Parthenon. And the privatization of electricity grids reliably leads to environmentally and socially suboptimal outcomes. But when it came to ports and airports, I would form a view based on four criteria: how much the buyer was committing to invest in the asset; the buyer’s commitment to workers’ rights to union representation and decent wages and conditions; environmental standards; and the extent to which the buyer would be obliged to leave room for and encourage the benefit of small and medium local businesses.
Yanis Varoufakis (Adults in the Room: My Battle with Europe's Deep Establishment)
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Things change, not only in one’s life but also in the economy and on the political scene, and it pays to be aware. Is the foundation of your financial house secure, with an income that is guaranteed? Have you built solid walls, investing appropriately, and keeping inflation at bay? Are you living under a reliable roof, with assets positioned to grow? Is your house insulated and sturdy, safe from any economic storm?
Christopher K. Abts
One particular incident had seared itself into Wences’s memory. In 1984, during the first major episode of hyperinflation after the Argentinian military junta lost power, Wences’s mother came to get him and his two sisters from school. His mom was carrying two grocery bags filled with money—the salary she had just been given in cash. She rushed with Wences and his sisters to the grocery store and had them run through the aisles, grabbing as much food as possible before the hyperinflation caused the goods to be repriced. A man walked through the aisles all day doing nothing but repricing the items on the shelves to keep up with the rapidly changing value of the peso. When Wences and his mother got to the register, he and his sisters would run back and grab more food if they still had any money left. Holding on to money was equal to losing it. These experiences gave Wences insights into the nature of money that most people in the world learn only from textbooks. In America, the dollar seamlessly serves the three functions of money: providing a medium of exchange, a unit for measuring the cost of goods, and an asset where value can be stored. In Argentina, on the other hand, while the peso was used as a medium of exchange—for daily purchases—no one used it as a store of value. Keeping savings in the peso was equivalent to throwing away money. So people exchanged any pesos they wanted to save for dollars, which kept their value better than the peso. Because the peso was so volatile, people usually remembered prices in dollars, which provided a more reliable unit of measure over time.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
Dave Packard in 1939 in a garage. Over the years, HP grew to be become a multinational information technology company, with revenues and assets of well over $100 billion. HP has often grown in recent years by acquiring other companies. Just as an individual is making an investment when he or she buys shares of stock, a corporation is making a much larger investment when it buys an entire company. And, just as reliable financial information is critical to individuals when making investment decisions, it is equally important when one company is considering
Williams (Financial & Managerial Accounting)
Customer data and feedback are your most reliable assets, don't ignore them, and use them wisely.
Jubin Kothari
Internet services have made it much easier to amass huge amounts of sensitive information without meaningful consent, and to use it at massive scale without users understanding what is happening to their private data. Data as assets and power Since behavioral data is a byproduct of users interacting with a service, it is sometimes called “data exhaust”—suggesting that the data is worthless waste material. Viewed this way, behavioral and predictive analytics can be seen as a form of recycling that extracts value from data that would have otherwise been thrown away. More correct would be to view it the other way round: from an economic point of view, if targeted advertising is what pays for a service, then behavioral data about people is the service’s core asset.
Martin Kleppmann (Designing Data-Intensive Applications: The Big Ideas Behind Reliable, Scalable, and Maintainable Systems)
The Case of the Swiss Franc. If a giant money supply was the cause of rising prices, you’d think Switzerland would be overwhelmed by hyperinflation. With a population of just less than nine million, that country has eight times more base money per capita than Canada, whose population is nearly four times the size at thirty-eight million. Instead, the Swiss franc has been one of the world’s most reliable currencies over the past hundred years, with less inflation than the US dollar, British pound, euro, or the preceding German mark. As a result of this track record, many people outside Switzerland are eager to hold assets denominated in Swiss francs. In other words, demand for the Swiss franc is high. To meet this expanding demand, and keep the currency from rising uncomfortably, the Swiss central bank has had to increase supply aggressively.
Steve Forbes (Inflation: What It Is, Why It's Bad, and How to Fix It)
Why mobile app hosting is fundamental for your versatile application? Portable application hosting is fundamental for your site? Also, why it is compulsory to work? To lay it out plainly, you have constructed a versatile application. What would be the best next step? Fostering an application isn't generally so direct as tossing it in the air; it needs a spot to live, or all the more precisely, a hosting supplier. It's better assuming it's done on an outside server since your gadget won't deal with the power. An application that crashes each time won't acquire large number of clients, which youthful new businesses need. Versatile app hosting services is fundamental, with a powerful server is the best arrangement. We'll take a gander at how portable applications create and why composing code isn't the entire story. How would you foster a portable application? It's more convoluted than you likely suspect. It comprises of two sections. Utilizing a telephone or tablet, the client can explore the application's front end by clicking buttons and moving sliders. The server-side, nonetheless, should be answerable for showing buttons and sliders. When you click on the button, a data demand is shipped off the server. Subsequent to handling, you will figure out the outcomes. You ought to have another screen stacked in practically no time, so you will not lose significant clients pausing. Is it important to have a versatile application? Versatile application improvement requires something other than composing code. The client's gadget will clearly contain the whole backend if the application resembles a mini-computer with just rudimentary capacities. Notwithstanding, a backend should exist that offers more complicated capacities, and something should empower solicitations to be satisfied there. In this manner, App Hosting is fundamental. It alludes to introducing an application on the server of a supplier, like Amazon Web Services (AWS) or Google Cloud Platform (GCP). These suppliers put the application on their servers. There are basically no distinctions between Mobile App Hosting and hosting sites. In like manner, the versatile application hosting server processes a solicitation sent by the client. The client makes a move or sends a solicitation. So what precisely is Code Push? It would assist with fixing bugs when they happen toward the front. In AppStore and Google Play, an update requires an audit each time it is made. The interaction requires 30 minutes for Android and could take more time to a day for iOS. You can robotize this and pass the survey by transferring updates to Code Push. Designers can without much of a stretch update their React Native applications utilizing the App Center. Applications can demand refreshes utilizing the gave client SDK from the focal vault, which is a focal store for refreshes. Mechanizing refreshes permits us to fix blunders quicker, setting aside us time and cash. How do these administrations vary? Cloud hosting is one model. It's something we've utilized ourselves first. Then, at that point, on the grounds that a ton of organizations use it, Whence comes this? Rather than regular hosting, cloud hosting utilizes only one server rather than different servers. A virtual and actual organization of cloud servers has the application or site. How much is portable application hosting fundamental in the cloud? Reliability You would lose your item assuming something happened to the server it was facilitated. Another situation includes many machines that are associated. Information will stay on the organization regardless of whether it vanishes from one server. Efficiencies Dissimilar to a normal server, cloud hosting can increment framework assets. This is on the grounds that the server's ability should be expanded assuming the quantity of clients increments abruptly. Assuming you utilize a devoted server, the cycle is more adaptable.
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