“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
“I took the position of organizing 126 Democrats who voted against the Iraq war resolution. And I happen to think it was the right position. Today we're faced with over 500 casualties, a cost of over $200 billion, and it could rise the casualties could go into the thousands and the costs could go over a half trillion if we stay there for years, as a number of people on this stage intend to see happen.” PeopleIfsThinkingYearsWarHappensTodayNumbersHalfStagePositionCostDemocratIraqBillionsResolutionIraq WarCasualtiesOver 50 Author:Dennis Kucinich
“Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.” Has BeensStatesAblePoliticalUnitedUnited StatesInfluenceEconomicPositionCostConsequenceAffairFinancialProsperityPreservesMaskRelativeDeclineExploitation Book:The Political Economy of International Relations Source: The Political Economy of International Relations
“[Gambling] is a perfidious passion. ... It is bad for one to win, and bad not to win. ... it ends by setting your blood on fire, and to increase your chances of winning at any cost, your stakes increase frightfully; the desire of winning gets to be a madness. The soul gets sick; it neither sees nor hears anything. No family ties, position, nor fortune, can stand against this passion.” SoulEndsDesirePassionWinningChanceFireBloodPositionCostSickIncreaseMadnessFortuneSettingSettingsTiesGamblingStakesFamily Ties Author:Matilde Serao
“My position is that it is high time for a calm debate on more fundamental questions. Does human spaceflight continue to serve a compelling cultural purpose and/or our national interest? Or does human spaceflight simply have a life of its own, without a realistic objective that is remotely commensurate with its costs? Or, indeed, is human spaceflight now obsolete?” HumansDoePurposeInterestPositionCostFundamentalsCalmDebateObjectivesRealisticCompellingObsoleteSpace TravelNational InterestsSpaceflight Author:James Van Allen
“I am not convinced that either the position, rewards or achievements have been worth the cost. My personal and married life and child raising have surely suffered from the professional attainments I have achieved.” LifeChildrenHas BeensPositionCostAchievementMarriedRewardsConvincedAttainmentMarried Life Author:Joanne Simpson
“The strong and undeniable fundamentals of low-cost clean energy and the cheapest petrochemical feed-stocks in the world will prevail we believe and we're seeing the demand pool beginning to grow. We have continued to position ourselves in a way that will catch this very sustainable and fundamentally supported wave of volume growth and at the same time, help our customer base achieve their lofty goals of growth as well.” WorldWayBelieveWellsHelpingEnergyStrongGrowsGoalGrowthSeeingAchievePositionCostDemandLowsFundamentalsCleanWaveCustomersPoolVolumeLoftyClean EnergyLofty Goals Author:Alan Armstrong
“The gut-check message is do we have the right balance in our culture? Or are we in a position where hero worship and winning at all costs has subordinated our core values?” ValuesCultureWinningPositionHeroBalanceCostWorshipMessagesCoreChecksGutsCore ValuesHero Worship Author:Mark Emmert
“[Vladimir] Putin wants to keep [Bashar] Assad in power and expand his own military base in Syria, whatever the cost. I even believe he has an interest in more and more people fleeing the country. The flow of refugees improves his negotiating position toward the West, including the German chancellor.” PeopleWantBelieveCountryInterestMilitaryPositionCostFlowWestIncludingSyriaRefugeePutinNegotiatingFleeingAssad Author:Garry Kasparov
“To summarize, draft resistance can make use of the inegalitarian nature of American society as a technique for increasing the cost of American aggression, and it threatens values that are important to those in a decision-making position.” ImportantUseValuesDecisionPositionCostTechniqueResistanceDecision MakingAggressionAmerican Society Book:American Power and the New Mandarins Source: American Power and the New Mandarins
“We have a conservative government that only thinks in terms of efficiency. They are spending a lot of money on military expenses and less and less on culture. My position is that culture can actually be economically viable. When I make a film, the film costs $3 million. Now, in Quebec, it grossed $3.5 million, which is a small film. It's not a comedy. There are no stars in it. And, it still grosses $3.5 million. That's just in Quebec.” ThinkingStillsGovernmentFilmCultureStarsTermMillionsComedyMilitaryPositionCostConservativeSpendingExpensesLots Of MoneyEfficiencyQuebecSpending A Lot Of Money Author:Philippe Falardeau
“A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.” YearsPositionCostLowsYears AgoMajorityInvestmentConvinceFundInvestorsSensibleMentorEquityIndex Funds Author:Warren Buffett
“And so we said to General Motors that the solution had to be a first year increase, which had to be sizeable because we bad to catch up with the lost position as against the cost of living and we had to make some progress.” YearsFirstsSaidLostProgressPositionCostSolutionsIncreaseMotorCost Of LivingGeneral Motors Author:Leonard Woodcock
“Traditionally women have been more reticent to acknowledge their ambition and to say it with pride. So I like having people who work for us who are ambitious, engaged, respectful. Mis-hiring is a huge mistake. It's a tremendous opportunity cost throwing the position to the wrong person.” PeoplePersonsHas BeensOpportunityMistakePositionHugePrideCostAmbitionAcknowledgeEngagedThrowingAmbitiousRespectfulHiringWrong PersonOpportunity Cost Author:Ivanka Trump
“We are working in other areas [like ALROSA] as well, so there are no radical changes to our position. It is not the case when we have to, as we say, make a lot of fuss about it. In other words, we do not have to be obsessed with privatizing immediately and at any cost.” WellsCasesPositionCostAreasRadicalObsessedRadical Change Author:Vladimir Putin