“If you look at the economics of Nokia roughly half of the company, half of the business, half of how we think about the business is focused on those emerging markets and on those lower-priced devices. But, of course, people who are aspirational and buying those lower-priced devices today are looking at smart phones tomorrow, and so forth.” PeopleIfsThinkingLooksTodayCoursesHalfCompanyTomorrowSmartEconomicsPhonesFocusedBuyingDevicesEmergingNokiaEmerging Markets Author:Stephen Elop
“When there is some fear about accounting and growth and the economy, food stocks are a decent place to be, ... This company has been through a bit of a restructuring the last couple of years. Management is doing a great job. The company is improving and people are buying chocolate. So, what a great week to buy it.” PeopleYearsHas BeensJobsLastsBitsGrowthCompanyEconomyWeekCoupleManagementDecentBuyingChocolateImprovingAccountingGreat JobRestructuring Author:Liz Miller
“Buying a car used to be an experience so soul-scorching, so confidence-splattering, so existentially rattling that an entire car company was based on the promise that you wouldn't have to come in contact with it.” SoulUsedCompanyCarPromiseContactUsed To BeBuyingScorchingBuying A Car Author:Susan Orlean
“We have to recognise, that the gin-palace, like many other evils, although as poisonous, is still a natural outgrowth of our social conditions. The tap-room in many cases is the poor man's only parlour. Many a man takes to beer, not from the love of beer, but from a natural craving for the light, warmth, company, and comfort which is thrown in along with the beer, and which he cannot get excepting by buying beer. Reformers will never get rid of the drink shop until they can outbid it in the subsidiary attractions which it offers to its customers.” MenStillsLightEvilSocialNaturalPoorRoomsCompanyCasesConditionsDrinkComfortOffersCustomersAttractionBeerBuyingShopsThrownWarmthCravingPalacesRecognisePoor ManPoisonousReformersGinSocial Conditions Book:In Darkest England and the Way Out Source: In Darkest England and the Way Out
“Network marketing is based purely on relationship selling, which is the state of the art in selling today. Small and large companies throughout the country and the world are realizing that individuals selling to their friends and associates is the future of sales, because the critical element in buying is trust.” WorldArtCountryStatesTodayIndividualRealizingCompanyElementsMarketingCriticalSellingBuyingAssociatesNetwork MarketingLarge Companies Author:Brian Tracy
“Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.” DoneGovernmentJobsLeftCompanyTalkingCasesMassPaidSellsBunchSellingSavingBrokeDumbBuyingResolutionAssetsLoanSavingsNot TalkingOperatorsPaid OffDumb Things Author:Howard Warren Buffett
“There are a lot of people, especially the younger generation who don't feel that they need to support the artists by buying their music because they grew up learning that record companies are evil.” PeopleNeedsFeelsArtistEvilCompanySupportRecordsGenerationsGrewGrew UpMusic IsBuyingRecord CompaniesYounger Generation Author:Bob Mould
“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.” IfsMenFirstsEnoughEvilNaturalCompanyHigherElementsProductionsOilBuyingThrowingQuantitySpeculationTanksStorageKnocked DownFluctuationSpeculatorsNatural ElementsBuying In Author:Ida Tarbell
“Be extra careful when buying into companies and industries that are the current darlings of the financial community.” CommunityCompanyIndustryInvestingFinancialCurrentsCarefulExtrasBuyingDarling Author:Philip Arthur Fisher