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When you retire you go from Who's Who to Who's That?
Walter Wriston
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Walter Wriston
Age: 85 †
Born: 1919
Born: August 3
Died: 2005
Died: January 19
Banker
Middletown
Connecticut
Walter Bigelow Wriston
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Retiring
Aging
More quotes by Walter Wriston
Capital goes where it is welcome and stays where it is well treated.
Walter Wriston
Rising prices or wages do not cause inflation they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.
Walter Wriston
One man saying that everything is wrong can command coast-to-coast attention in living color, a power not given to an absolute monarch a century ago.
Walter Wriston
All the Congress, all the accountants and tax lawyers, all the judges, and a convention of wizards all cannot tell for sure what the income tax law says.
Walter Wriston
Many organizations are now trying to walk under the banner of The Learning Organization, realizing that knowledge is our most important product ... But the only place that I've seen it is in the Army. As one colonel said, We realized a while ago that it's better to learn than be dead.
Walter Wriston
The Doomsayers have always had their uses, since they trigger the coping mechanism that often prevents the events they forecast.
Walter Wriston
Every line in the government's budget has its own constituency.
Walter Wriston
Information about money has become almost as important as money itself.
Walter Wriston
A truly global economy, as opposed to the multinational economy of the recent past, will require concessions of national power ... that seemed impossible a few years ago and which even now we can but partly imagine.
Walter Wriston
The guy with the competitive advantage is the one with the best technology.
Walter Wriston
The information revolution has changed wealth. Intellectual capital is far more important than money.
Walter Wriston
Countries don't go out of business....The infrastructure doesn't go away, the productivity of the people doesn't go away, the natural resources don’t go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that's very different from a company.
Walter Wriston
As long as capital-both human and money-can move toward opportunity, trade will not balance.
Walter Wriston
Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.
Walter Wriston
Failure is not a crime. Failure to learn from failure is.
Walter Wriston
A country does not go bankrupt.
Walter Wriston
The person who figures out how to harness the collective genius of his or her organization is going to blow the competition away.
Walter Wriston
Information about money is more important than money itself.
Walter Wriston
Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.
Walter Wriston
Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven it can only be attracted.
Walter Wriston