“It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.” GivingImportantCompanyInformationFactorsCommoditySecrecyConvenient Author:Marc Rich
“In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the factor of long-term growth or decline” LongHas BeensImportantMatterGrowthTermCompanyTenInvestmentNineFactorsLong TermConsiderationDeclineDominantFluctuation Book:The Intelligent Investor: A Book of Practical Counsel Source: The Intelligent Investor: A Book of Practical Counsel
“I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors (although all my graduate training was in political science).” YearsHas BeensUsePoliticalCompanyFiveEconomicTrainingResearchEconomicsSevenIgnorantFactorsBoardsFive YearsStatisticsGraduatesFoundersSociologyAccusedPublishPolitical ScienceChairmanAssistantsMillsColumbiaStatisticianBeing IgnorantNewsletters Book:The New Psychohistory Source: The New Psychohistory