10 Excellent Insights About Politics, Business, And Life From Michael Bloomberg | Exploring Markets

10 Excellent Insights About Politics, Business, And Life From Michael Bloomberg

1.) "There will be ups, there will be downs, there will be sideways. I can just tell you I have been hired, I have been fired, I have been lauded, I have been vilified. I've said some of the most brilliant things that just by accident appeared on my tongue, and I’ve said some of the dumbest things that you could imagine. But each day - even the day that I knew I was going to be fired - I looked forward to because I've always believed that tomorrow was going to be the best day of my life."

2.) "I keep saying, whether you like the president or not, everybody has to pull together and help the president because, as the president goes, so goes the country, as the country goes, so goes your job, your ability to feed your family, your government."

3.) "You know, if you look back in the 1930s, stimulus money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China."

4.) "When I came into office, people said, 'Billionaire? How do they live? What do they eat? How do they sleep?' Today, they see me on the subway coming uptown. A couple of people say hi, some people smile and nod. Some people just sleep. It's not an issue."

5.) "To a contrarian like me, constant advice not to do something almost always starts me quickly down the risky, unpopular path."

6.) "Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil."

7.) "You don't make spending decisions, investment decisions, hiring decisions, or whether-you're-going-to-look-for-a-job decisions when you don't know what's going to happen."

8.) "This society cannot go forward, the way we have been going forward, where the gap between the rich and the poor keeps growing. It's not politically viable; it's not morally right; it's just not going to happen."

9.) "I’ve always wondered if people who block each other from expressing their opinions do so because they have so little confidence in their own. To me, encountering an opposing point of view is a chance to gain a deeper understanding of the issues at stake... and develop my own point of view. But the first thing you’ve got to do is you’ve got to let people speak and you’ve got to listen. And that’s what the first amendment is all about. That’s what really distinguishes this country from others."

10.) "Working collectively and collaboratively is the difference between mediocrity by yourself...or success as a team. You have to share the pain... and the responsibility... and if you do then you will also share in the rewards."