Ben was a great believer in buying a diversified group of securities, so that he limited his risk.
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.
The determining trait of the enterprising (or active, or aggressive) investor is his willingness to devote time and care to the selection of securities that are both sound and more attractive than the average.
Change means traveling in uncharted waters and this causes our securities to rise.
Madoff Securities is the world's largest Ponzi scheme.
Securities, certitudes and peace do not lead to discoveries.
Well, we want to make sure there's not securities fraud.
The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.
Everyone can feel the nothingness, the void, just beneath the surface of everyday routines and securities.
The chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.
Life is defined more by its contrasts than its samenesses; Life is defined more by its risks than the many securities.
We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank.
We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.
My looks arent going to help me explain mortgage-backed securities.
What goes on in Europe concerns us greatly because, if Europe comes apart, the E. U. comes apart, then you're going to have enormous impact on America, that's a very big trading partner of ours, and people own securities around the world in this day and age.
In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U. S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations.
Securities fraud generally and insider trading in particular should be eminently deterrable crimes.
I am not really inclined to think there is any very effective regulation of the derivative securities markets that would be useful. People who go into it essentially ought to know what risks they're taking and I don't see any useful regulation.
Though business conditions may change, corporations and securities may change, and financial institutions and regulations may change, human nature remains the same. Thus the important and difficult part of sound investment, which hinges upon the investor's own temperament and attitude, is not much affected by the passing years.
In the United States, securities markets are much more developed than they are in Europe.