“Ten years ago U.S. defence investment represented almost half of all defence expenditure in the whole alliance. Today it is 75%. This increasing economic gap may also lead to an increasing technology gap which will almost hamper the inter-operability between our forces.” YearsMayWholeTodayForceHalfTechnologyEconomicTenYears AgoInvestmentGapsDefenceAlliancesExpendituresHamper Author:Anders Fogh Rasmussen
“Those of us who believe in free markets and those of us who believe that in fact the whole goal of investment is entrepreneurship and job creation, we find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job.” PeopleWayBelieveHardWholeFactsJobsGoalBehindsCompanyRichCreationRepublicanInvestmentLeavingCleverEntrepreneurshipJustifyFree MarketRich PeopleJob Creation Author:Newt Gingrich
“I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve really made the money out of high quality businesses. In some cases, we bought the whole business. And in some cases, we just bought a big block of stock. But when you analyze what happened, the big money’s been made in the high quality businesses. And most of the other people who’ve made a lot of money have done so in high quality businesses.” PeopleMadeDoneWholeProblemBigsQualityCasesHappenedInvestmentBlockLots Of MoneyHigh QualityAdapting Author:Charlie Munger
“Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.” MayWholeFacesChoicesSixPicksHundredCompetitionInvestmentPhotographAverageNewspapersPrizePreferenceCompetitorsPrettiest Book:General Theory Of Employment , Interest And Money Source: General Theory Of Employment , Interest And Money