I always felt uncomfortable with real estate because buildings don’t move, and neighborhoods change. Stephen A. Schwarzman Read Quote
In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic. Stephen A. Schwarzman Read Quote
I’m doing my sit-ups and watching CNBC. Suddenly, somebody starts talking about me on television… The business has gone into a weird zone of visibility. For those of us who have done it for a long time, it’s strange. Stephen A. Schwarzman Read Quote
When deals go wrong, you have no one else to blame, so you yell at yourself, and you yell at others. Stephen A. Schwarzman Read Quote
I didn’t get to be successful by letting people hurt Blackstone or me. Stephen A. Schwarzman Read Quote
I have no first-strike capability. I never choose to go into battle first. But I won’t back down. Stephen A. Schwarzman Read Quote
In the Catholic schools, they spend much less money than the public schools, and they get amazing results. Private schools spend much more money than the public schools, and they get remarkable results. Stephen A. Schwarzman Read Quote
I chose to start Schwarzman Scholars because I saw the potential for the world to become focused and unhappy with China, in large part because of the populism that was growing throughout the world. Stephen A. Schwarzman Read Quote
