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Consequence Quotes

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Consequence Quotes

“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.”

“Germany suffered most as a consequence of this Peace Treaty and the general insecurity which was bound to arise from it. The unemployment figure rose to a third of the number usually employed in the nation, which means, however, that by counting the families of the unemployed as well there were 26 million people in Germany out of a population of 65 millions faced by an absolutely hopeless future.”

“Unlike any other player on the board, the press has no oversight, no mandate, few penalties, and even fewer consequences. Because there are not enough reporters on the ground, too many bureaus have outsourced both their reporting and standards to third party stringers whose spectacular videos of explosions and inflated body counts have shown up on both jihadist recruiting sites and American television screens, simultaneously.”

“[How to think about a problem:] The first step is to make the problem specific . . . ; The second step is to form theories freely of how to rid yourself of that burden . . . ; The third step is to develop in foresight the consequences of your proposals . . . ; The fourth and final step in thinking is to compare the consequences of your proposals to see which is best in the light of your scheme of life as a whole . . . ; Whether you choose a vacation or a spouse, a party or a candidate, a cause to contribute to or a creed to live by - think!”

“With all that IMF money, the Thailand's and Mexico's are spared the consequences of their fiscal incompetence, and Wall Street's heavy hitters are spared the consequences of their stupid investments. The global economy is a rigged game, rigged so Third World politicians, rich investors and global corporations win - and U.S. taxpayers lose.”