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Values Quotes

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Values Quotes

“The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.”

StatesValuesNationsUnitedResultsUnited StatesImpossibleRiskEffectsSeriousCostConsequenceDollarsFinancialCongressIllCreditConclusionDamageSenateContemplatingLegislationDefaultDisruptionLeading MeFinancial Markets
Author:Ronald Reagan
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“Thus those reformers, who look for a remedy by creating artificial carrying-costs for the money through the device of requiring legal-tender currency to be periodically stamped at a prescribed cost in order to retain its quality as money, or in analogous ways, have been on the right track; and the practical value of their proposals deserves consideration.”

WayLooksHas BeensValuesOrderQualityCostCreatingDeserveTrackPracticalsConsiderationDevicesArtificialRemedyCurrencyProposalReformersRight Track
Author:John Maynard Keynes
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“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
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“Many causes may vitiate a writer's judgement of his own works. On that which has cost him much labour he sets a high value, because he is unwilling to think that he has been diligent in vain: what has been produced without toilsome efforts is considered with delight as a proof of vigorous faculties and fertile invention; and the last work, whatever it be, has necessarily most of the grace of novelty.”

ThinkingWritingMayHas BeensLastsValuesCausesEffortGraceCostDelightProofInventionVainJudgementLabourFacultyNoveltyUnwillingVigorousFertileDiligent
Book:The works of Samuel Johnson, LL.D.: Together with his life, and notes on his Lives of the poets, by Sir John Hawkins, Knt. In eleven volumes ...
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“Wisdom is a fox who, after long hunting, will at last cost you the pains to dig out; it is a cheese, which, by how much the richer, has the thicker, the homlier, and the coarser coat; and whereof to a judicious palate, the maggots are best. It is a sack posset, wherein the deeper you go, you'll find it the sweeter. Wisdom is a hen, whose cackling we must value and consider, because it is attended with an egg. But lastly, it is a nut, which, unless you choose with judgment, may cost you a tooth, and pay you with nothing but a worm.”

MayLongWisdomPainLastsValuesPayCostJudgmentDeeperTeethEggsNutsYou ChooseHuntingCheeseFoxesCoatsWormsHensPalateMaggots
Author:Jonathan Swift
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“... between government, business, and the public, there is a triangular community of interest. Clearly, it is in business' interest to shape its behavior to prevailing public values; it is more efficient to do so than not to do so. It is also clear that government is the high-cost alternative through which public values are imposed on corporations that do not accurately perceive these values.”

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Author:Juanita M. Kreps
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