“What good men most biologists are, the tenors of the scientific world - temperamental, moody, lecherous, loud-laughing, and healthy. Your true biologist will sing you a song as loud and off-key as will a blacksmith, for he knows that morals are too often diagnostic of prostatitis and stomach ulcers. Sometimes he may proliferate a little too much in all directions, but he is as easy to kill as any other organism, and meanwhile he is very good company, and at least he does not confuse a low hormone productivity with moral ethics.” KnowsMenWorldMayLittlesDoeSometimesSongEasyCompanyMoralLaughingToo MuchKeysHealthyLowsEthicsVery GoodProductivityLoudGood ManStomachOrganismsHormonesAnd OffBiologistGood CompanyMoodyTenorsMoral EthicsUlcersBlacksmiths Author:John Steinbeck
“A price decline is of no real importance to the bona fide investor unless it is either very substantial say, more than a third from cost or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected.” WellsMayHas BeensRealValuesSoundLossCommonCompanyKnownPositionBearsCostPaperLowsConsequenceThirdsImportanceSellsExtraordinaryDefinedAffectedInvestorsDeclineCentsConvincingIndicationDeterioration Author:Benjamin Graham
“The U.S. and European markets have become mature, profit margins are lower, and equipment isnt so new. Because profits are relatively low, it limits the willingness of companies to invest in newer equipment.” CompanyLimitsLowsProfitMatureWillingnessEquipmentMarginsProfit Margin Author:Zong Qinghou
“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.” RunningIndividualForceMistakeCompanyEconomySuccessfulRecordsFailingMajorsLowsAppreciateFocusedDrivingFinanceFirmLengthSuccess And FailureSystematicUnsuccessfulCounterpartsMarket Economy Author:Robert Haugen
“The rates of soda consumption in our poorest communities cannot be explained by individual consumer preferences alone, but rather are linked to broader issues of access and affordability of healthy foods in low-income neighborhoods, and to the marketing efforts of soda companies themselves.” IndividualCommunityEffortCompanyIssuesHealthyLowsRateMarketingAccessIncomeConsumersNeighborhoodConsumptionLinkedPreferencePoorestSodaHealthy FoodLow IncomeAffordability Author:Geoffrey Canada
“The idea of investing in the positivity of employees is often low down on companies' priority lists.” IdeasCompanyLowsInvestingPositivityListsPrioritiesEmployee Author:Shawn Achor
“Look at companies selling at new lows.” LooksValuesCompanyLowsInvestingSelling Author:Walter Schloss
“There is a mortifying experience in particular, which does not fail to wreak itself also in the general history; I mean "the foolish face of praise," the forced smile which we put on in company where we do not feel at ease, in answer to conversation which does not interest us. The muscles, not spontaneously moved but moved, by a low usurping wilfulness, grow tight about the outline of the face, with the most disagreeable sensation.” FeelsMeanDoeFacesGrowsInterestAnswersCompanyFailingParticularConversationLowsPraiseMovedFoolishEaseMusclesSensationsOutlinesDisagreeable Book:The Prose Works of Ralph Waldo Emerson Source: The Prose Works of Ralph Waldo Emerson
“Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay out of trouble. And they seldom need to borrow when interest rates are high.” NeedsEnoughHandsBlackInterestCompanyEconomyTroubleLowsRateDebtCashInterest Rate Author:Nancy Dunnan
“One of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.” MeanBookSimpleCompanyWrittenLowsInvestingProfitInvestorsCharmingSimplifyGreat CompanyFunny Book Author:David Einhorn