“All the real money in investment will have to be made as most of it has been in the past not out of buying and selling but out of owning and holding securities, receiving interests and dividends therein, and benefiting from their long-term increases in value. Hence stockholder's major energies and wisdom as investors should be directed toward assuring themselves of the best operating results from their corporations. This in turn means assuring themselves of fully honest and competent managements.” ShouldMeanLongHas BeensMadeRealPastValuesTurnsEnergyTermInterestResultsHonestSecurityMajorsIncreaseManagementInvestmentSellingCorporationsLong TermBuyingInvestorsReceivingCompetentDividendsBuying And Selling Author:Benjamin Graham
“There is a deep connection between Bernoulli's dictum and John Kelly's 1956 publication. It turns out that Kelly's prescription can be restated as this simple rule: When faced with a choice of wagers or investments, choose the one with the highest geometric means of outcomes.” MeanTurnsChoicesSimpleHighestConnectionsInvestmentOutcomesPublicationPrescriptionsGeometricWagersDeep Connections Author:William Poundstone
“In I Praise My Destroyer, Diane Ackerman demonstrates once again her love for the specific language that rises from the juncture of self and the natural world, and her skillful use of that language. Whether she turns her attention to the act of eating an apricot 'the color of shame and dawn,' or to 'the omnipotence of light,' or to grief when 'All the greens of summer have blown apart,' her linking of unique images, her energetic wit and whimsy, her compassionate investment in life, always bring new pleasures and perceptions to the reader.” WorldSelfUseLightTurnsLanguageNaturalPleasureGriefAttentionColorReaderPerceptionEatingSummerUniquePraiseShameInvestmentWitDawnCompassionateNatural WorldEnergeticSkillfulDestroyersOmnipotenceWhimsyJunctureApricots Author:Pattiann Rogers