Posts Tagged ‘easier’

Leveraged Loans defined:

“…arranged by a syndicate of banks, to companies that are heavily indebted or have weak credit ratings.” -IMF

“…are effectively provided to companies already swimming in debt.” -Nomi Prins

“That was all good and well when interest rates were super low, making it easier for companies to borrow oodles of money,”

“This year, leveraged loan issuance reached an annual rate of $745 billion. That’s nearly the same as the prior record of $762 billion in 2007 before the financial crisis and just a bit less than last year’s record of $788 billion globally.”

“That which we persist in doing becomes easier for us to do; not that the nature of the thing itself has changed, but our power to do it has increased.” -Ralph Waldo Emerson

“It takes money to make money…. To me, this little phrase is one of the biggest and most dangerous lies out there… It is a convenient excuse to simply not try to succeed.

The amount of effort and commitment required will be extraordinary. But that’s the way it goes. You’re trying to break out of the ordinary… So an ordinary effort won’t cut it….  It is much easier to give up. It is much easier to say, ‘It takes money to make money’, and never try.

Don’t ever catch yourself saying, ‘It takes money to make money.’  It doesn’t… It takes a great idea and the willingness to make it happen.” -David Eifrig

Hard Change

Posted: April 13, 2013 in Thought for the Day
Tags: , ,

“The easier it is to do, the harder it is to change.”  ~Eng’s Principle