“If you write something that gets a bad response, or someone commits candor or is off message, there are often consequences almost immediately when it appears in the paper or a magazine, that somebody gets called into the boss's office. And sometimes it can result in a loss of access for the reporter.” IfsWritingSometimesLossResultsOfficePaperMessagesConsequenceResponseAccessCommitMagazinesBossReportersCandor Author:Ron Suskind
“Papers should include more side remarks, open questions, and such. Very often, these are more interesting than the theorems actually proved. Alas, most people are afraid to admit that they don't know the answer to some question, and as a consequence they refrain from mentioning the question, even if it is a very natural one. What a pity! As for myself, I enjoy saying 'I do not know'.” PeopleIfsKnowsShouldEnjoySidesNaturalAnswersInterestingPaperConsequencePityPapersAlasRemarksRefrainTheorems Book:Oeuvres, Collected Papers: 1985-1998 Source: Oeuvres, Collected Papers: 1985-1998
“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
“As a consequence, progress has come to mean simply more power, more profit, more productivity, more paper prosperity, all of which are convertible into standards concerned only with size or magnitude rather than quality or excellence.” MeanQualityProgressPaperStandardsConsequenceConcernedExcellenceSizeProfitProsperityProductivityMagnitude Author:Alex Campbell
“We have a higher percentage of the intelligentsia engaged in buying and selling pieces of paper and promoting trading activity than in any past era. A lot of what I see now reminds me of Sodomand Gomorrah. You get activity feeding on itself, envy and imitation. It has happened in the past that there came bad consequences.” PastPiecesHappenedHigherActivityPaperConsequenceEnvySellingErasEngagedBuyingImitationFeedingTradingPromotingPercentagesBuying And Selling Author:Charlie Munger
“It seems that if you put people on paper and move them through time, you cannot help but talk about ethics, because the ethical realm exists nowhere if not here: in the consequences of human actions as they unfold in time, and the multiple interpretive possibility of those actions.” PeopleIfsHumansHelpingSeemsActionMovingPossibilityPaperEthicsConsequenceRealmsEthicalMultipleHuman Actions Author:Zadie Smith