Own Earnings Quotes & Sayings

War, and more wars, are helping Government to siphon the earnings of its people into its treasury for its own selfish purpose, which is to rule the people for the Government instead of for the purpose of serving the people. When will the people see that the very taxes they pay are building a power to be used against them? — Walter Russell

My goal is to buy a company at a low multiple to normal earnings power several years out and that the company earns good returns on capital at that level of normal earnings. A holding period of more than one year also works quite well as the factors are persistent in years 2 and 3. — Joel Greenblatt

The slave labors, but with no cheer-it is not the road to respectability, it will honor him with no citizens' trust, it brings no bread to his family, no grain to his garner, no leisure in after-days, no books or papers to his children. It opens no school-house door, builds no church, rears for him no factory, lays no keel, fills no bank, earns no acres. With sweat and toil and ignorance he consumes his life, to pour the earnings into channels from which he does no drink, into hands that never honor him. But perpetually rob and often torment. — Henry Ward Beecher

It is amazing to a great many of us how Congress ignores the Constitution. For example, the 13th Amendment clearly states: "Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States or any place subject to their jurisdiction." Currently, the average working person pays over forty percent of his earnings to the Government (City, State and National) and IT IS NOT VOLUNTARY! Did the people vote for these taxes? NO! They were imposed by a Communist dominated Congress. Therefore, Congress has declared that each and every wage earner is a SLAVE of the Government and the Government has a right to steal their money. WHY? — Robert Gates Sr.

I realize what it means to be financially comfortable, and I want to be that. But I'm lucky enough to be in that position. And I'm also careful. I save 38 percent of my earnings after expenses, before taxes. — David Duval

Inventory discipline across the brands coupled with an outstanding holiday performance at Victoria's Secret led to a 36 percent increase in fourth-quarter earnings per share at Limited Inc.. — Bill Vaughan

Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledge and health by weighing the benefits and costs. Benefits include cultural and other non-monetary gains along with improvement in earnings and occupations, while costs usually depend mainly on the foregone value of the time spent on these investments. — Gary Becker

Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day. — Sylvia Mathews Burwell

To constrain the brute force of the people, the European governments deem it necessary to keep them down by hard labor, poverty and ignorance, and to take from them, as from bees, so much of their earnings, as that unremitting labor shall be necessary to obtain a sufficient surplus to sustain a scanty and miserable life. — Thomas Jefferson

China is going to be one of Avon's largest market opportunities. It has a large geographic expanse, with hundreds of thousands of women in small villages really striving to make an earnings opportunity for themselves. — Andrea Jung

We ask only for justice and equal rights-the right to vote, the right to our own earnings, equality before the law. — Lucy Stone

The inevitable consequence is that the wealthy become dominant. The wealthy set their own pay or the company boards pay very generously. Each company board, in hiring a new CEO, feels it must pay as much or more than the competitive companies pay their CEO, rather than using the firm's earnings or share price or some other yardstick. In many sectors, especially in the financial sector, there is more collusion than real competition. The wealthy see their pay as describing their worth, and they rely on their wealth and political influence to defeat democratic measures to contain or tax them sufficiently. Democracy is therefore in danger of being destroyed by capitalism. Unless there is higher taxation on wealth and more regulation to promote real competition, democracy is subverted.8 — Philip Kotler

Government as well as religion has furnished its schisms, its persecutions and its devices for fattening idleness on the earnings of the people. — Thomas Jefferson

Income and inheritance taxes imply the denial of private property, and in that are different in principle from all other taxes. The government says to the citizen: Your earnings are not exclusively your own; we have a claim on them, and our claim precedes yours; we will allow you to keep some of it, because we recognize your need, not your right; but whatever we grant you for yourself is for us to decide. — Frank Chodorov

This crisis is not just a crisis. Consumers are understanding for the first time that [their] degree of personal happiness doesn't rise past a certain earnings threshold. — Fernando Rodes Vila

Chasing revenues that don't have good earnings doesn't help us or shareholders one lick. — Phebe Novakovic

The Prophet said in a sermon: Blessed is he whose concern for his own faults keeps him away of finding fault of others, who spends out of his lawful earnings, keeps company with theologians and the wise, and spurns the sinners and the wicked people. Blessed is he who humbles himself, makes his conduct refined, heart good and does not do harm to the people. Blessed is he who acts up to his knowledge, spends his surplus wealth, abstains from superfluous talks, follows sunnah and does not introduce innovations. — Abu Hamid Al-Ghazali

We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies. — David Dreman

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value. — Warren Buffett

. . . crop restrictions not only raise the price of corn and other crops but also tend to raise farmers' total revenues and earnings." Increase your corn profit by not growing corn? Here's a wonderful kind of business where everybody can get rich if they'll just do nothing. — P. J. O'Rourke

Stock prices are likely to be among the prices that are relatively vulnerable to purely social movements because there is no accepted theory by which to understand the worth of stocks ... investors have no model or at best a very incomplete model of behavior of prices, dividend, or earnings, of speculative assets. — Robert J. Shiller

I can remember the time when, if we wanted a house or housing, we relied on private enterprise. In fact, Americans built more square feet of housing per person than any other country on the face of the earth. Despite that remarkable accomplishment, more and more people are coming to believe that the only way we can have adequate housing is to use government to take the earnings from some and give these earnings, in the form of housing, to others. — Leonard Read

We find that firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance. At the same time, CEO compensation increases, CEOs spend more time on activities outside the company such as writing books and sitting on outside boards, and they are more likely to engage in earnings management. — Daniel Kahneman

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management. — Benjamin Graham

We know the product is going to stink. We know that because we live in the world, and we know that everything stinks. We all believe, Hey, maybe this one wont stink. We are a hopeful species. Stupid but hopeful. But were happy in that moment between the commercial and the purchase. And I think spending your life trying to dupe innocent people out of hard-won earnings to buy useless, low-quality, misrepresented items and services is an excellent use of your energy. — Jerry Seinfeld

One of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able to make a profit becomes less secure. So the trick is not necessarily to predict what the earnings are going to be but to have a clear conviction that the company isn't going bust and that your margin of safety will remain intact over time. — Peter Cundill

Forget about earnings. That's a priesthood of the accounting profession," he would preach, unrelentingly. "What you're really after is appreciating assets. You want to own as much of that asset as you can; then you want to finance it as efficiently as possible." 6 And above all else, make sure that the deals you do avoid as much in taxes as is legally possible. And then some. — Mark Robichaux

The profound point is that the critical link between growth and value creation is the return on incremental capital. Since share prices tend to follow earnings over the long term, the more capital that can be deployed at high rates of return to drive greater earnings growth, the more valuable a company becomes. Warren Buffett summarized the point best: "Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return."4 The best investments, in other words, combine strong growth with high returns on capital. — Lawrence A. Cunningham

Now you say, alas! Christianity is hard; I grant it; but gainful and happy. I contemn the difficulty when I respect the advantage. The greatest labors that have answerable requitals are less than the least that have no regard. Believe me, when I look to the reward, I would not have the work easier. It is a good Master whom we serve, who not only pays, but gives; not after the proportion of our earnings, but of His own mercy. — Joseph Hall

They get, you know, whatever they want from their earnings, and their earnings go into their own company. — Brian Epstein

We must learn to separate need from greed ... We must not allow our yearnings to exceed our earnings. — Thomas S. Monson

Students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards - so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value. Though it's seldom recognized, this is the exact approach — Warren Buffett

No other depositories of power [but the people themselves] have ever yet been found, which did not end in converting to their own profit the earnings of those committed to their charge. — Thomas Jefferson

I want the people of America to be able to work less for the government and more for themselves. I want them to have the rewards of their own industry. This is the chief meaning of freedom.
Until we can reestablish a condition under which the earnings of the people can be kept by the people, we are bound to suffer a very severe and distinct curtailment of our liberty. — Calvin Coolidge

I managed to be on the list of selected candidates, but admission to this prestigious institution was an expensive affair. Around a thousand rupees was required, and my father could not spare that much money. At that time, my sister, Zohara, stood behind me, mortgaging her gold bangles and chain. I was deeply touched by her determination to see me educated and by her faith in my abilities. I vowed to release her bangles from mortgage with my own earnings. The only way before me to earn money at that point of time was to study hard and get a scholarship. I went ahead at full steam. — A. P. J. Abdul Kalam

American democracy is a chess-game in which pawns imagine themselves to be free individuals with wills of their own: that delusion is one of the rules of the game, without which the game could not continue. I doubt anyone, no matter how sharp and sharp-tongued, could succeed in getting across to high school students how vital an acute mind is for just keeping a grip on one's life and earnings in our mendacious politics and economics. No wonder our school system is devoutly dedicated to demoralizing and blunting such minds. — Kenny Smith

And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes; have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers. — Thomas Jefferson

A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual earnings. — Amy Goodman

In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business who's earnings are virtually certain to be materially higher five, ten and twenty years from now. — Warren Buffett

A young financial writer once brought ridicule upon himself by stating that a certain company had nothing to commend it except excellent earnings. Well, there are companies whose earnings are excellent but whose stocks I would never recommend. In selecting investments, I attach prime importance to the men behind them. I'd rather buy brains and character than earnings. Earnings can be good one year and poor the next. But if you put your money into securities run by men combining conspicuous brains and unimpeachable character, the likelihood is that the financial results will prove satisfactory. — B.C. Forbes

Any man of energy and initiative can get what he wants out of life. But when initiative is crippled by legislation or by a tax system which denies him the right to receive a reasonable share of his earnings, then he will no longer exert himself and the country will be deprived of the energy on which its continued greatness depends. — Andrew Mellon

He raised a hand in response and tossed the ear of corn into the wagon. Then he
returned to his fantasy, imagining himself running the livery instead of working there, making the decisions, placing orders, selecting new horses, agreeing to board others, and
hiring a boy to muck out the stalls and pitch hay.
In his daydream, he no longer lived in the back room. He came home at night to a small house he'd bought with his earnings. Inside, a woman waited for him. A wife. In his fantasy her hair was as golden as the ear of corn he tossed into the wagon and her
eyes as blue as the cloudless sky overhead. Catherine smiled at him and he could hear as well as see her say his name. "Jim! Welcome home. — Bonnie Dee

Scientists used to do an experiment whereby a dog's repeated reward for performing a task was unaccountably replaced by punishment. The dog, knowing it would be penalized for doing well or doing badly, would become melancholic and inactive. This and other unforeseeable results were funded by taxing up to sixty percent of people's earnings. People became strangely melancholic and inactive
— Steve Aylett

They still have some money, and they have needs to supply. They must begin immediately to pool their earnings and organize industries to participate in supplying social and economic demands. — Carter G. Woodson

A brother with small earnings may ask,'Should I also give? My earning are already so small that my family can barely make ends meet.' My reply is, 'Have you ever considered that the very reason your earnings remain so small may be because you spend everything on yourself? If God gave you more, you would only use it to increase your own comfort instead of looking to see who is sick or who has no work at all that you might help them. — George Muller

The concept of paying one-hundred-and-something times earnings for any company for me is just anathema. Having said that, at the end of the day, your job is to buy what goes up and to sell what goes down so really who gives a damn about PE's? — Paul Tudor Jones

Thus, from a group perspective, the inventory in P Ltd is overstated by $2,000 as is the profit in S Ltd. The consolidation adjustment required is: DR Consolidated retained earnings $2,000 CR Consolidated inventory $2,000 The adjustment will allow the consolidated statement to be correctly stated. — Astranti

There's a tacit understanding among clubs that a good player shouldn't miss out on the big break of his career or a chance at exponentially improved earnings. — Tim Howard

There are several things that can create an alpha - stock buybacks are one. High dividend yields are another, especially nowadays because the stock market yields more than the banks and the tenure treasury. But by and large, it tends to be companies with a strong cash flow, rising sales, accelerated earnings, a profit margin expansion. — Louis Navellier

High male earnings have also become less important to women. A 2001 poll in the United States found that 80 percent of women in their twenties believed that having a husband who can talk about his feelings was more important than having one who makes a good living.11 — Stephanie Coontz

Reasonable mergers generate substantial synergies, so that provides for earnings and cash-flow growth even if it doesn't provide for revenue growth, and I think that's a big driver. — Roger Altman

A firm can have value only if it ultimately delivers earnings. — Aswath Damodaran

In TIME June 7, 2010
On the sustainability of the publishing industry, in the Chicago Tribune:
"I think that book publishing is about to slide into the sea. We live in a literate time, and our children are writing up a storm, often combining letters and numbers ... The future of publishing: 18 million authors in America, each with an average of 14 readers, eight of whom are blood relatives. Average annual earnings: $175." - 5/26/10 — Garrison Keillor

Stone-cutters fighting time with marble, you fore defeated
Challengers of oblivion
Eat cynical earnings, knowing rock splits, records fall down,
The square-limbed Roman letters
Scale in the thaws, wear in the rain. The poet as well
Builds his monument mockingly;
For man will be blotted out, the blithe earth die, the brave sun
Die blind and blacken to the heart:
Yet stones have stood for a thousand years, and pained thoughts found
The honey of peace in old poems. — Robinson Jeffers

Gary Player and others have said all of us should all give Arnold Palmer a percentage of our earnings because without you there would be no television contracts and without you it wouldn't be as good for anyone. — Charlie Rose

In the Eisenhower era, when earnings over $400,000 were subject to 91 percent taxes and the world was a smaller place, you could count the truly wealthy on one hand: Getty, Dupont, Mellon, Rockefeller, though even those fortunes were being dispersed to children as the old robber barons died off. — Michael Shnayerson

Poverty drove their parents to have them castrated as young children, hoping they would earn a better living at court. Usually the father would take the boy to a specialist castrator, who operated by the appointment of the court. After a contract was signed, absolving the castrator from any responsibility in case of death or failure (both highly likely outcomes), the unimaginably painful operation was performed. The castrator's fee was huge and had to be paid from future earnings. — Jung Chang

Focus on return on equity, not earnings per share. — Warren Buffett

Yet he did possess one of the vital requirements to increase his earnings. Within him was a strong desire to earn more, — George S. Clason

I am now at the age where I can withdraw a 25 per cent tax-free lump sum. I do not put in a set amount because my earnings are a moveable feast. — Anthea Turner

Immigrants aren't the reason wages haven't gone up enough; those decisions are made in the boardrooms that too often put quarterly earnings over long-term returns. — Barack Obama

If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn't necessary; you only need to understand the actions you undertake. — Warren Buffett

This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation. — Eric Kierans

I know a lot of celebrity types go for Kabbalah and Scientology. But why pay 10 per cent of your earnings to someone when it's all common sense: treat others as you'd like to be treated yourself. — Gail Porter