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Top 30 Stephen A. Schwarzman Quotes (2024 Update)

Stephen A. Schwarzman Quote: “Down cycles are not fun. But they form the basis for enormous future profitability.”
Stephen A. Schwarzman Quote: “It’s wonderful to learn about new cultures and to be able to travel easily to so many countries.”
Stephen A. Schwarzman Quote: “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 Quote: “If I get angry, it’s obvious. I don’t have to say much.”
Stephen A. Schwarzman Quote: “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 Quote: “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 Quote: “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 Quote: “I’m not feeling undertaxed. Tax reform is an important issue. You have to have an inherent sense of fairness.”
Stephen A. Schwarzman Quote: “My biggest job really is to figure other people out. I need to understand what makes a person tick.”
Stephen A. Schwarzman Quote: “You’ve got to sell your vision over and over again. Most people don’t like change, and you have to overwhelm them with your argument, and some charm.”
Stephen A. Schwarzman Quote: “But I’ve always believed that it’s just as hard to achieve big goals as it is small ones. The only difference is that bigger goals have much more significant consequences. Since you can tackle only one personally defining effort at a time, it’s important to pursue a goal that is truly worthy of the focus it will require to ensure its success.”
Stephen A. Schwarzman Quote: “I’m concerned with China growing at double or triple the rate of the West, that there will be tensions. One needs to do something to start addressing misunderstandings and frustration.”
Stephen A. Schwarzman Quote: “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 Quote: “So if you’re going to dedicate your life to a business, which is the only way it will ever work, you should choose one with the potential to be huge.”
Stephen A. Schwarzman Quote: “Success breeds arrogance and complacency, he said. You only learn from your mistakes and when the worst happens.”
Stephen A. Schwarzman Quote: “The best executives are made, not born. They absorb information, study their own experiences, learn from their mistakes, and evolve.”
Stephen A. Schwarzman Quote: “If you ever felt overwhelmed by work, I said, pass on some of your work to others. It might not feel natural. High achievers tend to want to volunteer for more responsibility, not give up some of what they have taken on. But all that anyone higher up in the firm cares about is that the work is done well. There is nothing heroic or commendable about taking on too much and then screwing it up. Far better to focus on what you can do, do it well, and share the rest.”
Stephen A. Schwarzman Quote: “I was never going to settle on offices that were less than perfect. The rewards of having a beautiful space that attracted the best people and gave our clients greater confidence in our abilities would far exceed.”
Stephen A. Schwarzman Quote: “To be successful you have to put yourself in situations and places you have no right being in. You shake your head and learn from your own stupidity. But through sheer will, you wear the world down, and it gives you what you want.”
Stephen A. Schwarzman Quote: “If you attract tens, they always make it rain if you need rain and they just have an ability to sense problems, design solutions, do new things – that’s what a ten does and Larry Fink is a ten.”
Stephen A. Schwarzman Quote: “Every entrepreneur knows the feeling: that moment of despair when the only thing you are aware of is the giant gap between where you find yourself and the life and business you imagine. Once you succeed, people see only the success. If you fail, they see only the failure. Rarely do they see the turning points that could have taken you in a completely different direction. But it’s at these inflection points that the most important lessons in business and life are learned.”
Stephen A. Schwarzman Quote: “That’s how real life works. If you’re faced with a problem, you don’t panic and declare immediate catastrophe. You call for quiet and give everyone time.”
Stephen A. Schwarzman Quote: “But learning the way I did, I saw the intricate ways in which deals can be structured, the subtleties that must be negotiated. Mastery like that takes experience, endurance, and tolerance for pain. And it yields the greatest rewards.”
Stephen A. Schwarzman Quote: “The harder the problem is, the more limited the competition, and the greater the reward for whomever can solve it.”
Stephen A. Schwarzman Quote: “Getting to know Jack and watching him in action reinforced my growing belief that the most important asset in business is information. The more you know, the more perspectives you have and the more connections you can make, which allow you to anticipate issues.”
Stephen A. Schwarzman Quote: “We wanted to be spoken of in the same breath as the greatest names in our industry.”
Stephen A. Schwarzman Quote: “We train our professionals to distill every individual investment opportunity down to the two or three major variables that will define the success of our investment case and create value.”
Stephen A. Schwarzman Quote: “As a baby boomer, I had grown up seeing only growth and opportunity. Success seemed a given. But working through the economic ups and downs of the 1970s and early 1980s, I had come to understand that success is about taking advantage of those rare moments of opportunity that you can’t predict but come to you provided you’re alert and open to major changes.”
Stephen A. Schwarzman Quote: “At Lehman, I had realized that I spent more time at the office than at home, so I wanted a beautiful environment. It made me feel happier. I wanted the same for everyone at Blackstone: warmth, elegance, simplicity, balance, and natural light pouring in from huge windows. When people come to a Blackstone office to work or for meetings, I want them to feel as blown away as I am by the experience.”
Stephen A. Schwarzman Quote: “And my exit from Lehman had shown me Wall Street at its worst, everyone for themselves.”
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