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Quote by David Levering Lewis

“Isabel Wilkerson's The Warmth of Other Suns is an American masterpiece, a stupendous literary success that channels the social sciences as iconic biography in order to tell a vast story of a people's reinvention of itself and of a nation-the first complete history of the Great Black Migration from start to finish, north, east, west.”

Quote by David Levering Lewis

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David Levering Lewis
David Levering Lewis

David Levering Lewis is an esteemed university professor known for his contributions to the field of history. Born on May 25, 1936, he is renowned for his research on African American history. more

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“The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.”

“[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).”