“One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.” ShouldTermCompanyShareActivityPicksPraiseInvestingCustomersIronyEnterprisePocketsInvestorsEmphasisBrokersLiquidityTurnoverMarketability Author:Warren Buffett
“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
“Excellent flatterers welcome attentive audiences; mighty potentates enjoy public praise. In the most pleasing situation, a flatterer would genuinely admire the flatteree, please that person, please other present company, be pleased to stagger rivals, and get something out of it: applause, promotion, a favor, reciprocal praise. Flattery is as social as a banquet.” PersonsSocialEnjoyCompanySituationAudiencePleasePraiseFavorsAdmireWelcomeExcellentFlatteryPromotionRivalsApplauseBanquetsReciprocalFlatterer Book:In Praise of Flattery Source: In Praise of Flattery