Quotes & Sayings About Fundamental Analysis

In fact, the science of thermodynamics began with an analysis, by the great engineer Sadi Carnot, of the problem of how to build the best and most efficient engine, and this constitutes one of the few famous cases in which engineering has contributed to fundamental physical theory. Another example that comes to mind is the more recent analysis of information theory by Claude Shannon. These two analyses, incidentally, turn out to be closely related. — Richard P. Feynman

Fundamental to our analysis is the assumption that the population, as individuals or groups, behaves "rationally," that it calculates costs and benefits to the extent that they can be related to different courses of action, and makes choices accordingly. ... Consequently, influencing popular behavior requires neither sympathy nor mysticism, but rather a better understanding of what costs and benefits the individual or the group is concerned with, and how they are calculated. — Malcolm Gladwell

William Graebner's brilliant analysis of America's struggles over the meaning of Patty Hearst gives us not only new perspectives on the 1970s, on Americans' fundamental understandings of their world in a bicentennial year that offered little to celebrate, but also on the longing for heroism and the desire for belief in free will that Graebner believes structured the rise of Reagan-era conservatism. This is a masterful work of cultural history. — Beth Bailey

Graham was not only the original quantitative analyst, to whom today's whole school of such thinking owes its heritage, but he was also a source of much of the fundamental analysis and lore that Wall Streeters follow today. — Kenneth L. Fisher

The second thing that happened is, DNA analysis is much more sophisticated. All you have to do now is spit in a test tube and you find out all kind of things in six weeks - where they are from in Africa or Europe. You can prove or disprove the fundamental African-American myth that you descended from a Cherokee great, great grandmother. — Henry Louis Gates

In the final analysis, that state of abstraction turns out to be a very specific set of conditions: white middle-class women suffering and responding to the sexist attitudes and conduct of white middle-class men and calling for equality with those particular men. This approach leaves the existing socioeconomic system with its fundamental reliance on racism and class bias unchallenged. It — Angela Y. Davis

Raises a fundamental question: are we also evolving genetically? Medical research, added to a deepening analysis of the three billion nucleotide letters of the human genome, has revealed that evolution is indeed still occurring — Edward O. Wilson

While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology. — Seth Klarman

We are convinced that the intelligent investor can derive satisfactory results from pricing of either type (market timing or fundamental analysis via price). We are equally sure that if he places his emphasis on timing, in the sense of forecasting, he will end up as a speculator and with a speculator's financial results." And "The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. — Benjamin Graham

Common stock investors can make money by predicting the outcomes of practice evolution. You can't derive this by fundamental analysis - you must think biologically. — Charlie Munger

Charts are a leading indicator of fundamental analysis — John Murphy

In fundamental theory socialism and democracy are almost if not quite one and the same. They both rest at bottom upon the absolute right of the community to determine its own destiny and that of its members. Men as communities are supreme over men as individuals. Limits of wisdom and convenience to the public control there may be: limits of principle there are, upon strict analysis, none. — Woodrow Wilson

Fundamental analysis often works, but it often fails. Technical analysis often works, and then it does not work. Economists speak of economic cycles, but none can be found analytically. Traders speak of market cycles; they too cannot be proven. To top it off, the critics of the EMH have been unable to offer an alternative that takes all the discrepancies into account. In few other areas are theory and practical experience in such little agreement. — Edgar E. Peters

We shall use the terms morality, behavior, conduct, or constructive action in the same broad way. It may sound strange to speak of the morals of an atom, or of the way in which a molecule conducts itself. But in the last analysis, science can draw no fundamental distinction between the conduct of an animal, a bullet, or a freshman, although there may be more unknown factors involved in one case than in the other. — William Patten

Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values — George Soros

Mathematics is one of the deepest and most powerful expressions of pure human reason, and, at the same time, the most fundamental resource for description and analysis of the experiential world. — Hyman Bass

I think the aim - and certainly the aim of what I've tried to do since leaving - is not political and certainly not a witch hunt at individuals. It's to try to direct our attention at what I believe is a fundamental fault analysis that we must now examine. — David Kay

I also believe that it is time to begin the fundamental analysis of how we got here, what led us here and what we need to do in order to ensure that we are equipped with the best possible intelligence as we face these issues in the future. — David Kay

If our previous analyses are correct, they all point to the same conclusion, that metaphysical adventures are doomed to fail when their authors substitute the fundamental concepts of any particular science for those of metaphysics. — Etienne Gilson

IT is no accident that Marx should have begun with an analysis of commodities when, in the two great works of his mature period, he set out to portray capitalist society in its totality and to lay bare its fundamental nature. For at this stage in the history of mankind there is no problem that does not ultimately lead back to that question and there is no solution that could not be found in the solution to the riddle of commodity-structure. — Gyorgy Lukacs

It were much to be desired, that when mathematical processes pass through the human brain instead of through the medium of inanimate mechanism, it were equally a necessity of things that the reasonings connected with operations should hold the same just place as a clear and well-defined branch of the subject of analysis, a fundamental but yet independent ingredient in the science, which they must do in studying the engine. — Ada Lovelace

In our days many men have lived in this cruel manner, crushed against the bottom, but each for a relatively short period; so that we can perhaps ask ourselves if it is necessary or good to retain any memory of this exceptional human state.
To this question we feel that we have to reply in the affirmative. We are in fact convinced that no human experience is without meaning or unworthy of analysis, and that fundamental values, even if they are not positive, can be deduced from this particular world which we are describing ... — Primo Levi

The fact that it wasn't tells me that we've got a much more fundamental problem of understanding what went wrong, and we've got to figure out what was there. And that's what I call fundamental fault analysis. — David Kay

The division of the psychical into what is conscious and what is unconscious is the fundamental premise of psycho-analysis; and it alone makes it possible for psycho-analysis to understand the pathological processes in mental life, which are as common as they are important, and to find a place for them in the framework of science. — Sigmund Freud

There is a physical problem that is common to many fields, that is very old, and that has not been solved. It is not the problem of finding new fundamental particles, but something left over from a long time ago - over a hundred years. Nobody in physics has really been able to analyze it mathematically satisfactorily in spite of its importance to the sister sciences. It is the analysis of circulating or turbulent fluids. — Richard Feynman

What I think I am saying is that phenomenal consciousness - the raw feel of experience - is invisible to conventional scientific scrutiny and will forever remain so. It is, by definition, subjective - where as science, by definition, adopts an objective stance. You can't be in two places at once. You either experience consciousness "from the inside" ([...]) or you view it "from the outside" ([...]). Science can study the neural activity, the bodily states, the environmental conditions, and the outward behaviours - including verbal behaviours that stand for different states of awareness ([...]), but the quality - the feel - of our experiences remains forever private and therefore out of bounds of scientific analysis. I can't see a way round this. Privateness is a fundamental constituent of consciousness. — Paul Broks

The concept of 'measurement' becomes so fuzzy on reflection that it is quite surprising to have it appearing in physical theory at the most fundamental level ... does not any analysis of measurement require concepts more fundamental than measurement? And should not the fundamental theory be about these more fundamental concepts? — John Stewart Bell