105 Quotes by Stephen A. Schwarzman

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.

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

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.

It's wonderful to learn about new cultures and to be able to travel easily to so many countries.

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.

My biggest job really is to figure other people out. I need to understand what makes a person tick.

My personal taxes are 53% of my taxable income. That's 36% on the federal level and 17% for state and local.

It’s wonderful to learn about new cultures and to be able to travel easily to so many countries.

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.