Quotessence
Home / Quotes / Quote by Edward Bulwer-Lytton, 1st Baron Lytton

Quote by Edward Bulwer-Lytton, 1st Baron Lytton

Author

Edward Bulwer-Lytton, 1st Baron Lytton
Edward Bulwer-Lytton, 1st Baron Lytton

British novelist known for his historical novels and Gothic tales, famous for works such as 'Peveril of the Peak' and 'Evelyn Hope'. more

You May Also Like

“If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.”

IfsShouldYearsFallNextSeeingHigherPeriodsReactionsInvestorsEquitySinkingSellersBuyersStock PricePurchasers
Author:Warren Buffett
Create image

“It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.”

ThinkingLossDecisionSituationSeeingMinutesExerciseTenIntellectualGainsRationalBridgesBeing The BestCalculationsRatiosWeighingNew Situations
Author:Warren Buffett
Create image

“The approach and strategies are very similar in that you gather all the information you can and then keep adding to that base of information as things develop. You do whatever the probabilities indicated based on the knowledge that you have at that time, but you are always willing to modify your behaviour or your approach as you get new information. In bridge, you behave in a way that gets the best from your partner. And in business, you behave in the way that gets the best from your managers and your employees.”

WayInformationWillingApproachStrategyPartnersManagersBridgesBehaveEmployeeBehaviourProbabilityNew Information
Author:Warren Buffett
Create image

“He will always see the most beauty whose affections are the warmest and most exercised, whose imagination is the most powerful, and who has most accustomed himself to attend to the objects by which he is surrounded.”

ImaginationPowerfulObjectsAffectionMost PowerfulAccustomed
Book:Essay on beauty, by Francis, lord Jeffrey; and Essays on the nature and principles of taste, by A. Alison. Repr. of the 5th ed
Create image