“Man has existed for about a million years. He has possessed writing for about 6,000 years, agriculture somewhat longer, but perhaps not much longer. Science, as a dominant factor in determining the belief of educated men, has existed for about 300 years; as a source of economic technique, for about 150 years. In this brief period it has proved itself an incredibly powerful revolutionary force. When we consider how recently it has risen to power, we find ourselves forced to believe that we are at the very beginning of its work in transforming human life.” MenWritingYearsBelieveHumansScienceBeliefForcePowerfulHistoryMillionsPowerLearningEconomicSourcePeriodsEconomicsTechniqueFactorsEducatedHuman LifeRevolutionaryPossessedAgricultureDominantTransformingRisenEducated Man Book:The Impact of Science On Society Source: The Impact of Science On Society
“I come from theater, and doing period stuff is so whimsical and imaginative and so outside any frame of reference than I have ever had so I prefer that just in terms of fun factor.” FunStuffTermPeriodsTheaterFactorsImaginativeWhimsicalFrame Of Reference Author:Ginnifer Goodwin
“I think it's an extremely important factor to have your team together. It goes back to having distractions. When you all stay together for a period of time you're not training people or feeling out different personalities.” PeopleThinkingImportantDifferentFeelingsTogetherTeamPersonalityPeriodsTrainingMadnessFactorsDistraction Author:Larry Dixon
“A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors: The probability that the investment you chose will preserve your capital over the time you intend to invest your funds. The probability the investments you select will outperform alternative investments for this period.” TwoLossRiskPeriodsTaxesInvestmentDefinitionsFollowingFactorsAlternativesPreservesFundRealisticProbabilityInflationSelect Book:Contrarian Investment Strategies in the Next Generation Source: Contrarian Investment Strategies in the Next Generation
“Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence - especially in cases in which large short-term debts need to be rolled over continuously - is the key factor that gives rise to the this-time-is-different syndrome. Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang! - confidence collapses, lenders disappear, and a crisis hits.” NeedsGivingDifferentSeemsGovernmentTermCasesKeysPeriodsCrisisDebtDisappearFactorsCorporationsCollapseRollingBangsShort TermSyndromesIndebtedLendersRolling Along Author:Carmen Reinhart
“My goal is to buy a company at a low multiple to normal earnings power several years out and that the company earns good returns on capital at that level of normal earnings. A holding period of more than one year also works quite well as the factors are persistent in years 2 and 3.” YearsWellsGoalLevelsCompanyReturnPeriodsNormalLowsFactorsMultipleEarningPersistent Author:Joel Greenblatt
“Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most money is made when fast moves and extreme fluctuations occur at the end of major cycles.” DoeMadeImportantEndsAblePastMovingCertainFoundStrongLevelsKnowingStudyRecordsMovementPeriodsProveMajorsRelationBottomExtremesResistanceFactorsRepeatsCyclesDefiniteFluctuationTime Periods Author:William Delbert Gann
“The most straightforward path would be if we could bring the cost of solar electric and wind down by another factor of say, three, and then have some miraculous storage solution, so that not only over the 24-hour day but over long periods of time where the wind doesn't blow, you have reliable energy. That's a path. But energy storage is hard. That's not a guaranteed path.” IfsLongHardWould BeThreeEnergyHoursPathWindPeriodsCostSolutionsBlowFactorsElectricMiraculousStraightforwardStorageLong Periods Of Time Author:Bill Gates
“When I was in government, the South African economy was growing at 4.5% - 5%. But then came the global financial crisis of 2008/2009, and so the global economy shrunk. That hit South Africa very hard, because then the export markets shrunk, and that includes China, which has become one of the main trade partners with South Africa. Also, the slowdown in the Chinese economy affected South Africa. The result was that during that whole period, South Africa lost something like a million jobs because of external factors.” HardWholeGovernmentJobsLostResultsMillionsEconomyGrowingPeriodsCrisisTradeSouthFinancialChinaPartnersFactorsChineseAffectedSouth AfricaGlobal EconomyFinancial Crisis Author:Thabo Mbeki