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Stephen A. Schwarzman Quotes
Stephen A. Schwarzman Quotes
Stephen A. Schwarzman
American
Businessman
Business
Good
People
Think
World
You
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
Peter Drucker
Stephen Covey
Steve Jobs
Warren Buffett
I like being in warm weather. I find that relaxes me. I like being near water. I like sitting on a beach and sort of hearing the water, watching waves break, looking at the shimmering. I find that really relaxing.
Stephen A. Schwarzman
Me
Water
Weather
Looking
Waves
Relaxing
Find
Beach
Like
Sort
Hearing
Sitting
Being
Break
Warm
Really
Near
Watching
Every day should be a good day. People fool themselves that they'll be here forever.
Stephen A. Schwarzman
Good
Day
Fool
Every Day
People
Good Day
Every
Forever
Themselves
Should
Here
Sometimes, success in life is knowing one's limitations.
Stephen A. Schwarzman
Life
Success
Sometimes
Knowing
Limitations
We have limited time, and we have to maximize it.
Stephen A. Schwarzman
Time
Limited
Limited Time
Maximize
Today, whenever I'm under pressure to make a decision on a transaction but I don't know what the right one is, I try desperately to postpone it. I'll insist on more information - on doing extra laps around the intellectual parking lot - before committing. I take the same approach with people, too.
Stephen A. Schwarzman
Today
People
Try
Decision
Pressure
Insist
Before
Extra
Too
Right One
Desperately
Approach
Postpone
More
Parking
Parking Lot
Take
Know
Make
Around
Doing
Intellectual
Lot
Same
Committing
Transaction
Whenever
Information
Laps
Right
My biggest job really is to figure other people out. I need to understand what makes a person tick.
Stephen A. Schwarzman
People
Job
Other
Out
Tick
Makes
Understand
Person
Biggest
Really
Figure
Need
For future geopolitical stability and global prosperity, we need to build a culture of greater trust and understanding between China, America and the rest of the world.
Stephen A. Schwarzman
Future
Trust
Culture
World
Prosperity
Rest
Build
Understanding
Between
Global
Greater
Geopolitical
America
Stability
China
Need
Preparing youth for employment requires training that is demand-driven to meet the needs of companies and ensure that young people are taught marketable skills.
Stephen A. Schwarzman
Needs
Youth
People
Training
Young
Meet
Ensure
Employment
Taught
Young People
Skills
Requires
Companies
Preparing
Inaccurate analysis produces faulty insights and bad decisions - which lead to losing a tremendous amount of money.
Stephen A. Schwarzman
Money
Losing
Analysis
Tremendous
Tremendous Amount
Faulty
Bad
Insights
Lead
Which
Decisions
Inaccurate
Produces
Amount
The concept of fair value accounting is correct and useful, but the application during periods of crisis is problematic. It's another one of those unintended consequences of making a rule that's supposed to be good that turns out the other way.
Stephen A. Schwarzman
Good
Value
Consequences
Other
Rule
Way
Correct
Those
Crisis
Out
Fair
Supposed
Concept
Periods
Another
Making
Accounting
Problematic
Turns
Useful
Unintended
Unintended Consequences
Application
As you have more resources in life, it's your obligation to deploy those for the benefit of others.
Stephen A. Schwarzman
Life
You
Obligation
Others
Benefit
Resources
Those
More
Deploy
Your
I grew up in a small town outside Philadelphia and went to the local high school, where I ran track all four years.
Stephen A. Schwarzman
School
Local
Ran
High
High School
Small
Outside
Small Town
Town
Track
Years
Up
Where
Grew
Four
Philadelphia
As long as you're excellent, things work out for you.
Stephen A. Schwarzman
Work
You
Long
Out
Excellent
Work Out
Things
I always felt uncomfortable with real estate because buildings don't move, and neighborhoods change.
Stephen A. Schwarzman
Change
Real Estate
Neighborhoods
Uncomfortable
Because
Felt
Buildings
Always
Real
Move
Estate
I love picking people. I started Blackstone, and we had no people, and now we have with our portfolio companies about 750,000 people all over the world. Everybody who is at a senior level has ultimately been picked by me.
Stephen A. Schwarzman
Love
Me
People
World
Everybody
Our
About
Had
Picked
Picking
Over
Been
Ultimately
Senior
Who
Companies
Now
Portfolio
Level
Started
I've always been comfortable with people who run things, whether it was the principal of my high school or the president of the university.
Stephen A. Schwarzman
People
School
President
Run
High
High School
Principal
Comfortable
Always
Been
Whether
Who
Things
University
I like creating new things.
Stephen A. Schwarzman
New Things
New
Like
Creating
Things
Next to my mom, I'm actually a shrinking violet.
Stephen A. Schwarzman
Mom
Next
Shrinking
Actually
Violet
I have no first-strike capability. I never choose to go into battle first. But I won't back down.
Stephen A. Schwarzman
Battle
First
Down
Back
Never
Go
Capability
Choose
Doing a me-too business, because it's you - the only person who cares about that is you. The market doesn't care if it's you. The market is pretty much being served. You better have something that the world doesn't have, because even then, you might screw it up through your own ineptitude and inexperience.
Stephen A. Schwarzman
You
Business
World
Better
Care
Own
Cares
Market
Pretty
About
Something
Only
Through
Because
Doing
Inexperience
Up
Person
Being
Screw
Might
Then
Much
Your
Who
Who Cares
Even
Served
My father was very bright. My mother had enormous drive. Put that together, and that's my gene pool.
Stephen A. Schwarzman
Together
Mother
Father
Drive
Pool
Enormous
Gene
Had
Put
Very
Bright
I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
Stephen A. Schwarzman
Buy
Before
Down
Recession
Through
Prices
Come
Economy
Periods
Goes
Then
Lower
Cycle
Less
Even
Lived
Asset
Leverage
I can't micromanage what anybody pays or doesn't pay. But the concept that half of the public isn't involved with the income-tax system is somewhat odd and I'm not saying how much people should do, but we should all be part of the system.
Stephen A. Schwarzman
Saying
People
Half
Pay
System
Somewhat
Part
Concept
Involved
How
How Much
Odd
Anybody
Public
Much
Should
Pays
I don't control the political world.
Stephen A. Schwarzman
World
Political
Control
Political World
Every year, I speak to our new associates and give them this advice, although in my own words. 'This isn't like school,' I tell them, 'where you want to get your hand in the air and give an answer quickly. The only grade here is 100. Deadlines are important, but at Blackstone you can always get help in meeting them.'
Stephen A. Schwarzman
You
Words
Speak
School
Important
Advice
Year
Own
Every
Meeting
Our
Air
Tell
Give
My Own
Only
New
Like
Deadlines
Although
Answer
Always
Hand
Quickly
Get
Grade
Where
Want
Them
Your
Help
Here
Associates
In life, you'll often find that having influence and providing sound advice is a good thing, even if it attracts criticism or requires some sacrifice.
Stephen A. Schwarzman
Life
Good
You
Criticism
Sacrifice
Advice
Find
Some
Having
Good Thing
Attracts
Sound
Providing
Often
Influence
Requires
Even
Thing
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