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Down cycles are not fun. But they form the basis for enormous future profitability

Stephen A. Schwarzman

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Stephen A. Schwarzman
Age: 77
Born: 1947
Born: February 14
Banker
Businessman
Chief Executive Officer
Entrepreneur
Financier
Investment Banker
Patron Of The Arts
Philadelphia
Pennsylvania
Stephen Allen Schwarzman
Stephen Schwarzman
Profitability
Cycles
Basis
Bases
Enormous
Fun
Future
Form

More quotes by Stephen A. Schwarzman

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I'm not feeling undertaxed. Tax reform is an important issue. You have to have an inherent sense of fairness.
Stephen A. Schwarzman
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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
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If I get angry, it's obvious. I don't have to say much.
Stephen A. Schwarzman
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It's wonderful to learn about new cultures and to be able to travel easily to so many countries.
Stephen A. Schwarzman
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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
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My personal taxes are 53% of my taxable income. That's 36% on the federal level and 17% for state and local.
Stephen A. Schwarzman
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I don't feel like a wealthy person. Other people think of me as a wealthy person, but I don't. I feel the same as when I was a fifth-year associate trying to make partner at Lehman Brothers. I haven't changed.
Stephen A. Schwarzman