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Andrew Ross Sorkin Quotes


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Quotes by Andrew Ross Sorkin

Showing 31-40 of 76 Quotes by Andrew Ross Sorkin

There is a long list of psychology research demonstrating that appearances matter more than most us would care to admit. As shallow as it may be, better-looking people have been shown in various studies to have higher self-esteem and more charisma, are considered more trustworthy and are better negotiators.

~Andrew Ross Sorkin

Topics: Admit Appearances Been Better Care Charisma Considered Demonstrating Higher List Long Long List Matter May More Most People Psychology Research Self-Esteem Shallow Shown Studies Than Trustworthy Us Various Would

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Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.

~Andrew Ross Sorkin

Topics: Anything Baseball Bitcoin Cards Considered Even Good Investment Like Long Long Term May Out Picasso Rare Same Short Term Turn Valuable Way

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In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.

~Andrew Ross Sorkin

Topics: Best Bitcoin Gold Hope Second-Rate Truth Version

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Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world, and others failed miserably.

~Andrew Ross Sorkin

Topics: Behavior Carbon Change Changed Clever Example Failed Financial For Example Instruments Others Plans Some Street Trading Use Wall Wall Street World

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What if the slowdown in merger activity isn't cyclical, but secular? What if corporations have learned the lessons of so many companies before them that the odds of a successful merger are no better than 50-50 and probably less? Is it possible that the biggest deals have already been done?

~Andrew Ross Sorkin

Topics: Activity Been Before Better Biggest Companies Corporations Cyclical Deals Done Learned Less Lessons Many Merger Odds Possible Secular Successful Than Them What If

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Here's the perversity of Wall Street's psychology: The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, most likely at the 11th hour, the less pressure there will be on lawmakers to reach an agreement. That will make it more likely a deal isn't reached.

~Andrew Ross Sorkin

Topics: Act Agreement Ceiling Convinced Deal Debt Debt Ceiling Here Hour Lawmakers Less Likely Make More Most Pressure Psychology Raise Rationally Reach Reached Street Wall Wall Street Washington Will

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The blowback against a bailout of Lehman would have been fierce. It is often forgotten, but the prevailing wisdom the day after Lehman fell was that its collapse was a good thing.

~Andrew Ross Sorkin

Topics: After Against Bailout Been Collapse Day Fell Fierce Forgotten Good Good Thing Often Prevailing Thing Wisdom Would A Good Thing

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The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.

~Andrew Ross Sorkin

Topics: Allowed Could Economy Failure Government May More Otherwise Prop Than Up

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Under the Foreign Corrupt Practices Act, a company is not allowed to provide a personal benefit to a decision maker in return for business. But hiring the sons and daughters of powerful executives and politicians is hardly just the province of banks doing business in China: it has been a time-tested practice here in the United States.

~Andrew Ross Sorkin

Topics: Act Allowed Banks Been Benefit Business China Company Corrupt Daughters Decision Doing Executives Foreign Hardly Here Hiring Just Maker Personal Politicians Powerful Practice Practices Provide Province Return Sons States United United States

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Several companies have explicit policies against cronyism, with good reason. Hiring a family member simply for a relationship can be troubling and may not necessarily serve a company's interests. But by and large, financial firms in particular commonly hire people who have certain connections, whether through family or a business relationship.

~Andrew Ross Sorkin

Topics: Against Business Certain Commonly Companies Company Connections Explicit Family Family Member Financial Good Good Reason Hire Hiring Interests Large May Member Necessarily Particular People Policies Reason Relationship Serve Several Simply Through Troubling Whether Who

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Biography

Nationality: American

Type: Journalist

Born: February 19th, 1977

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Find Andrew Ross Sorkin on Amazon

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