One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover. . . but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
A great company is not a great investment if you pay too much for the stock.
Sinfully acquired wealth may remain for ten years; in the eleventh year it disappears with even the original stock.
Since when was the stock market an accurate barometer of anything?
The world of money, of numbers and stock markets and interest rates and credit cards, seems on the surface about as far as it could be from the world of spirituality, of seeking meaningful answers to the big questions of life. . . . But these two worlds must flow in and out of each other, because it takes both money and spiritual understanding to sustain it. Truly speaking, what determines where our money with its awesome power will go, and what it will do for ourselves and others? If we listen, those answers come from the center of our being, from who we really are.
You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.
I'm at the stage in life where I get a lot of pleasure out of finding a cheap stock.
I was just stock in the middle, vague and undefined.
When you have a good stock, you can make a good soup.
The model I like to sort of simplify the notion of what goes on in a market for common stocks is the pari-mutuel system at the racetrack. If you stop to think about it, a pari-mutuel system is a market. Everybody goes there and bets and the odds change based on what's bet. That's what happens in the stock market.
The day I was announced as CEO, I think the stock dropped another 20%.
Tech stocks were the cubic zirconium of the market. They looked good and were sexy, but they just were a way for the company selling them to make money. That's always going to be transient in terms of the stock market. What's real is that companies have to compete. Technology used well is a great tool to enable that if only because most companies dont use technologies well.
In the rest of the world though, particularly in Europe, the most popular form of racing is not stock cars. It`s not NASCAR. It doesn`t look anything like NASCAR. It`s Formula 1.
Speculation in oil stock companies was another great evil. . . From the first, oil men had to contend with wild fluctuations in the price of oil. . . . Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.
The stock market resembles a huge laundry in which institutions take in large blocks of each others washing. . . without rhyme or reason.
What I put in the stock market, I dont have to touch in my lifetime. I want to live off my bonds. I want to be that safe.
It seems to be expected of every pilgrim up the slopes of the mathematical Parnassus, that he will at some point or other of his journey sit down and invent a definite integral or two towards the increase of the common stock.
SM is an abbreviation of both stock market and sadomasochism-- and there are those who think they are one and the same.
If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
The arts are an even better barometer of what is happening in our world than the stock market or the debates in congress.