Stock Over Quotes & Sayings

When F. W. Woolworth opened his first store, a merchant on the
same street tried to fight the new competition. He hung out a big
sign: "Doing business in this same spot for over fifty years." The
next day Woolworth also put out a sign. It read: "Established a
week ago: no old stock. — Peter Hay

A recent Economist article on dialysis perfectly illustrates the inflationary impact of cost-plus pricing. Since U.S. clinics are paid on a cost-plus basis, they prefer to use expensive drugs rather than cheaper ones. In fact, many appear to order drugs in units that exceed what a standard dosage requires because they can charge the government for the wastage. Quoting a stock research firm, the article noted that many clinics preferred an injected drug with a price of $4,100 a year over the identical drug in oral form, priced at only $450 a year. Not surprisingly, the manufacturer of the oral drug responded by increasing its price above that of the injected version to make it more competitive! — David Goldhill

Here is an all-too-brief summary of Buffett's approach: He looks for what he calls "franchise" companies with strong consumer brands, easily understandable businesses, robust financial health, and near-monopolies in their markets, like H & R Block, Gillette, and the Washington Post Co. Buffett likes to snap up a stock when a scandal, big loss, or other bad news passes over it like a storm cloud - as when he bought Coca-Cola soon after its disastrous rollout of "New Coke" and the market crash of 1987. He also wants to see managers who set and meet realistic goals; build their businesses from within rather than through acquisition; allocate capital wisely; and do not pay themselves hundred-million-dollar jackpots of stock options. Buffett insists on steady and sustainable growth in earnings, so the company will be worth more in the future than it is today. — Benjamin Graham

In the world I've known most of my life, old stories quickly lose their power over capital markets and get replaced by new surprises. That which everyone fixates on gets priced into the stock market quickly and can't drag on. — Kenneth Fisher

Hi,Grandpa."
He reddened at that and struggled with the pleasure the title gave him. "So you decided to give me a moment of your time."
"I felt duty bound to pay my respects to the newest MacGregor first."
As if on cue,Justin strode over to arrange Mac in the crook of Daniel's arm. Gennie watched the fierce giant turn into a marshmellow. "There's a laddie," he crooned, holding out his glass to Shelby,then chucking the baby under the chin. When the baby grabbed his thick finger,he preened like a rooster. "Strong as an ox." He grinned foolishly at the room in general, then zeroed in on Grant. "Well, Campbell, so you've come. You see here," he began, jiggling the baby, "why the MacGregor's could never be conquered. Strong stock."
"Good blood," Serena murmured, taking the baby from the proud grandfather. — Nora Roberts

Valuation premiums of quality companies often reflect some degree of expected operational outperformance, but actual performance tends to exceed expectations over time. Stock prices thus tend to undervalue quality companies. — Lawrence A. Cunningham

The appeal of the Riverside 500 was based on that overall spectacle of witnessing a mob of brightly colored, bellowing automobiles gamboling over the countryside like a herd of runaway steers. Stock car roadracing is in fact like a mechanical stampede, and we personally think it's maybe the neatest form of motor racing known to man. It's definitely the greatest spectacle in roadracing. — Brock Yates

The young man shivered. He rolled the stock themes of fantasy over in his mind: cars and stockbrokers and commuters, housewives and police, agony columns and commercials for soap, income tax and cheap restaurants, magazines and credit cards and streetlights and computers ... 'It is escapism, true,' he said, aloud. 'But is not the highest impulse in mankind the urge toward freedom, the drive to escape? — Neil Gaiman

In taking stock of ourselves, we should not forget that fear plays a large part in the drama of failure. That is the first thing to be dropped. Fear is a mental deficiency susceptible of correction, if taken in hand before it gains an ascendency over us. Fear comes with the thought of failure. — Douglas Fairbanks

If the possessor of a units of money receives h additional units, then it is not at all true to say that he will value the total stock a + h exactly as highly as he had previously valued the stock a alone. Because he now has disposal over a larger stock, he will now value each unit less than he did before; but how much less will depend upon a whole series of individual circumstances, upon subjective valuations that will be different for each individual. — Ludwig Von Mises

On the basis of capitalist production, a new swindle with the wages of management develops in connection with joint-stock companies, in that, over and above the actual managing director, a number of governing and supervisory boards arise, for which management and supervision are in fact a mere pretext for the robbery of shareholders and their own enrichment. — Karl Marx

Somewhere among them - those green and untested boys - lay much of the stock from which he would have to select a crew capable of going all the way. The trick would be to find which few of them had the potential for raw power, the nearly superhuman stamina, the indomitable willpower, and the intellectual capacity necessary to master the details of technique. And which of them, coupled improbably with all those other qualities, had the most important one: the ability to disregard his own ambitions, to throw his ego over the gunwales, to leave it swirling in the wake of his shell, and to pull, not just for himself, not just for glory, but for the other boys in the boat. — Daniel James Brown

Most changes in perception are gradual: we grow to hate or love an idea, a person, or a place over a period of time. I had certainly nursed a hatred of Nora Jansen over many years, placing much of the blame for my situation on her. This was not one of those instances. Sometimes, rarely, the way we see something is subject to alchemy. My emotions changed so rapidly, and I felt so strongly all the things I had in common with these two women, there was no way not to take immediate notice and stock of what was happening. Our troubled history was suddenly matched by our more immediate shared experience as prisoners on an exhausting journey. We huddled together — Piper Kerman

Take stock of those around you and you will ... hear them talk in precise terms about themselves and their surroundings, which would seem to point to them having ideas on the matter. But start to analyse those ideas and you will find that they hardly reflect in any way the reality to which they appear to refer, and if you go deeper you will discover that there is not even an attempt to adjust the ideas to this reality. Quite the contrary: through these notions the individual is trying to cut off any personal vision of reality, of his own very life. For life is at the start a chaos in which one is lost. The individual suspects this, but he is frightened at finding himself face to face with this terrible reality, and tries to cover it over with a curtain of fantasy, where everything is clear. It does not worry him that his "ideas" are not true, he uses them as trenches for the defense of his existence, as scarecrows to frighten away reality. — Ernest Becker

We greatly want a brief word to express the science of improving stock, which is by no means confined to questions of judicious mating, but which, especially in the case of man, takes cognizance of all influences that tend in however remote a degree to give to the more suitable races or strains of blood a better chance of prevailing speedily over the less suitable than they otherwise would have had. The word eugenics would sufficiently express the idea. — Francis Galton

A year earlier, no company had been accorded more faith than Enron; by late November, none was trusted less. And so, a gasping gurgle, a desperate SOS: Enron, the emblem of free markets, the champion of deregulation, reached into its depleted treasury and forked over $100,000 to each of the major political parties' campaign war chests. Then, it shuttered its online trading unit - its erstwhile gem. On November 28, Standard & Poor's downgraded Enron to junk-bond level - which triggered provisions in Enron's debt requiring it to immediately repay billions of its obligations. This it could not do. Its stock was seventy cents and falling, and, now, no gatekeepers and no credit remained. Accordingly, in the first week of December, Enron, the archetype of shareholder value, availed itself of the time-honored protection for those who have lost their credit: bankruptcy. — Roger Lowenstein

Predictions are predictions. If you could predict the stock market, you would be super rich. But I have to race the race. It doesn't matter what I've done over the last few years. I have to race at the Olympics. — Mark De Jonge

There were times when she was honestly afraid of him. He could kill, had killed for her on a number of occasions, seemingly without a moment's hesitation or an ounce of regret. He was mercenary, brutal, charming, devious, and yes, any other woman would think he was sexy as hell. Not her.
Not her. Oh hell, yes, her. The way he moved, as if he understood his body better than any man had a right to and knew just how to use it for a woman's maximum pleasure. The way his gray eyes slid over her, coolly caressing. It meant nothing, it was part of his stock in trade, and yet she felt it slide over her skin like a physical touch. — Anne Stuart

The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it. — Warren Buffett

Michael also hadn't realized just how extensive Gregory's power was, he had his fingers in everything: from oil production to technology to government legislation to dealing with rogue states and terrorists to control over stock markets and currencies. If Gregory had wanted to, he could've brought the world to its knees in less than a day, but that wouldn't do anyone any good if the world economy and various governments failed in an instant, it had to do be done gradually. Michael also realized how long it would take to dilute the influence of the United States and its Christian citizens, but he would do it, and it helped him that he started so early in college with the new technologies available to him. — Cliff Ball

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

She ran her fingers over the stock and down the barrel, then drew in a sharp breath and paused.

This was the gun she'd killed Soren Tarbic with. — E.J. Fisch

Magrat woke up. And knew she wasn't a witch anymore. The feeling just crept over her, as part of the normal stock-taking that any body automatically does in the first seconds of emergence from the pit of dreams: arms: 2, legs: 2, existential dread: 58%, randomized guilt: 94%, witchcraft level: 00.00. — Terry Pratchett

What's really worried me over the years is not our stock price, but that we might someday fail to take care of our customers, or that our managers might fail to motivate and take care of our associates. I also was worried that we might lose the team concept, or fail to keep the family concept viable and realistic and meaningful to our folks as we grow. Those challenges are more real than somebody's theory that we're headed down the wrong path. As — Sam Walton

If I seem to be over-interested in junk, it is because I am, and I have a lot of it, too - half a garage full of bits and broken pieces. I use these things for repairing other things. Recently I stopped my car in front of the display yard of a junk dealer near Sag Harbor. As I was looking courteously at the stock, it suddenly occurred to me that I had more than he had. But it can be seen that I do have a genuine and almost miserly interest in worthless objects. My excuse is that in this era of planned obsolescence, when a thing breaks down I can usually find something in my collection to repair it - a toilet, or a motor, or a lawn mower. But I guess the truth is that I simply like junk. — John Steinbeck

Charlie and I believe our four criteria are essential if directors are to do their job - which, by law, is to faithfully represent owners. Yet these criteria are usually ignored. Instead, consultants and CEOs seeking board candidates will often say, "We're looking for a woman," or "a Hispanic," or "someone from abroad," or what have you. It sometimes sounds as if the mission is to stock Noah's ark. Over the years I've been queried many times about potential directors and have yet to hear anyone ask, "Does he think like an intelligent owner?" The questions I instead — Warren Buffett

I've always maintained that if I wasn't studying psychopaths in prison, I'd do so at the stock exchange," he enthused. "Without doubt, there's a greater proportion of psychopathic big hitters in the corporate world than there is in the general population. You'll find them in any organization where your position and status afford you power and control over others, and the chance of material gain. — Kevin Dutton

It is, incidentally, a favour that e-books have done for the Good Bookshop: they have made books beautiful again. A few years ago, book covers could be rather drab affairs: the title and the author's name printed over a stock photograph of something Vaguely Relevant. If you wanted to read it, you had to take it as it was. Whereas now, in these new and glorious days when the margins on physical are that little bit higher than on the electrical alternative, publishers produce exquisite bindings. Bookshops haven't been this pretty for at least a century. — Mark Forsyth

Poirot and I behaved in the customary fashion of people being shown over houses. We stood stock still, looking a little ill at ease, murmuring remarks such as: "Very nice." "A very pleasant room." "The morning-room, you say? — Agatha Christie

To suppose that the value of a common stock is determined purely by a corporation's earnings discounted by the relevant interest rates and adjusted for the marginal tax rate is to forget that people have burned witches, gone to war on a whim, risen to the defense of Joseph Stalin and believed Orson Welles when he told them over the radio that the Martians had landed. — James Grant

One fifth of human kind depend on fish to live. Today now 70 percent of the fish stock are over-exploited. According to FAO if we don't change our system of fishing the main sea resources will be gone in 2050. We don't want to believe what we know. — Yann Arthus-Bertrand

Most shareholders have little if any control over the companies in which they own stock, even if they own a million shares. — Robert Kiyosaki

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. — Jeff Matthews

Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of your best investment options. The trick is to GET to the long term. Think in terms of 5 years, 10 years and longer. Do your planning and asset allocation ahead of time. Choose a portion of your assets to invest in the stock market - and stick with it! Yes, the bad times will come, but over the truly long term, the good times will win out - and I hope the lessons from 2008 will help get you there to enjoy them. — Joel Greenblatt

I suppose [my life] has most resembled a blue chip stock: fairly stable, more ups than downs, and gradually trending upward over time. A good buy, a lucky buy, and I've learned that not everyone can say that about his life. — Nicholas Sparks

it is said to currently account for at least half and sometimes over 70 percent of all stock trades, which means that most trades are generated by computer programs rather than a human decision. — John F. Groom

What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd. — Warren Buffett

To prop up the stock price, managers have to turn down the screws on everybody. That forces them to cancel all the projects that would lead to future growth in order to drop money to the bottom line. This is HP's dilemma today. Once a company's growth has stopped, the game as we have known it is over. It's a scary thing. — Clayton Christensen

We are facing incredible challenges in the economy of the U.S. and the economy of the globe, but the stock market, we never know whether it's over-discounted or under-discounted or got exactly right its anticipation. — John C. Bogle

You know what she's made of."
"Yeah, good stock, good breeding, a hard head and a hunger to win." She flashed him a smile as they approached the kitchen door. "I've been told that describes me. I'm half Irish, Brian, I was born stubborn."
"No arguing with that. A person might make the world a calmer place for others by being passive, but you don't get very far in it yourself, do you?"
"Look at that. We have a foundation of agreement. Now tell me you like spaghetti and meatballs."
"It happens to be a favorite of mine."
"That's handy. Mine, too. And I heard a rumor that's what's for dinner." She reached for the doorknob, then caught him off guard by brushing a light kiss over his lips. "And since we'll be joining my parents, it would probably be best if you didn't imagine me naked for the next couple of hours."
She sailed in ahead of him, leaving Brian helplessly and utterly aroused. — Nora Roberts

Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [ ... ] The public owners seem to have abdicated all claim to control over the paid superintendents of their property — Benjamin Graham

Now the situation is different, I admit: I have a wristwatch, I compare the angle of its hands with the angle of all the hands I see; I have an engagement book where the hours of my business appointments are marked down; I have a chequebook on whose stubs I add and subtract numbers. At Penn Station I get off the train, I take the subway, I stand and grasp the strap with one hand to keep my balance while I hold the newspaper up in the other, folded so I can glance over the figures of the stock market quotations: I play the game, in other words, the game of pretending there's an order in the dust, a regularity in the system, or an interpretation of different systems, incongruous but still measurable, so that every graininess of disorder coincides with the faceting of an order which promptly crumbles. — Italo Calvino

Most frequently given of such reasons is the conviction that a general stock market decline of some proportion is somewhere in the offing. In the preceding chapter I tried to show that postponing an attractive purchase because of fear of what the general market might do will, over the years, prove very costly. This is because the investor is ignoring a powerful influence about which he has positive knowledge through fear of a less powerful force about which, in the present state of human knowledge, he and everyone else is largely guessing. — Philip A. Fisher

Men may seem detestable as joint stock-companies and nations; knaves, fools, and murderers there may be; men may have mean and meagre faces; but man, in the ideal, is so noble and so sparkling, such a grand and glowing creature, that over any ignominious blemish in him all his fellows should run to throw their costliest robes. — Herman Melville

I thought the stock was a great buy. I think anybody that bought the stock in 1999 was - saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company. — Jeffrey Skilling

Come inside."
Shelby tilted her head just enough to rest it briefly on his shoulder as they walked to the door. "I'm relying on your word that I'll walk out again in one piece at the end of the weekend."
He only grinned. "I told you my stand on playing the mediator."
"Thanks a lot." She glanced up at the door, noting the heavy brass crest that served as a door knocker. The MacGregor lion stared coolly at her with its Gaelic motto over its crowned head. "Your father isn't one to hide his light under a bushel,is he?"
"Let's just say he has a strong sense of family pride." Alan lifted the knocker, then let it fall heavily against the thick door. Shelby imagined the sound would vibrate into every nook and cranny in the house. "The Clan MacGregor," Alan began in a low rolling burr, "is one of the few permitted to use the crown in their crest.Good blood. Strong stock. — Nora Roberts

December 20, 1999, Juno Online Services unveiled a trailblazing business plan: to lose as much money as possible, on purpose. Juno announced that it would henceforth offer all its retail services for free - no charge for e-mail, no charge for Internet access - and that it would spend millions of dollars more on advertising over the next year. On this declaration of corporate hara-kiri, Juno's stock roared up from $16.375 to $66.75 in two days.6 — Benjamin Graham

An hour later, thoroughly appalled with the state of the cabin now that she had given it a thorough assessment, Camilla sailed into the shed. She was armed with a long list.
"You need supplies."
"Hand me that damn wrench."
She picked up the tool and considered herself beyond civilized for not simply bashing him over the head with it. "Your home is an abomination. I'll require cleaning supplies - preferably industrial strength. And if you want a decent meal, I'll need some food to stock the kitchen. You have to go into town."
He battled the bolt into submission, shoved the switch on. And got nothing but a wheezy chuckle out of the generator. "I don't have time to go into town."
"If you want food for your belly and clean sheets on which to sleep, you'll make time. — Nora Roberts

In the top centile, by contrast, financial and business assets clearly predominate over real estate. In particular, shares of stock or partnerships constitute nearly the totality of the largest fortunes. Between 2 and 5 million euros, the share of real estate is less than one-third; above 5 million euros, it falls below 20 percent; above 10 million euros, it is less than 10 percent and wealth consists primarily of stock. — Thomas Piketty

The only beef Enron employees have with top management is that management did not inform employees of the collapse in time to allow them to get in on the swindle. If Enron executives had shouted, "Head for the hills!" the employees might have had time to sucker other Americans into buying wildly over-inflated Enron stock. Just because your boss is a criminal doesn't make you a hero. — Ann Coulter

You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock. — Warren Buffett

Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result. — Charlie Munger

This automatic feedback is another reason extreme athletes have found flow so frequently, but what if we're interested in pulling this trigger without help from the laws of physics? No mystery here. Tighten feedback loops. Put mechanisms in place so attention doesn't have to wander. Ask for more input. How much input? Well, forget quarterly reviews. Think daily reviews. Studies have found that in professions with less direct feedback loops - stock analysis, psychiatry, and medicine - even the best get worse over time. — Steven Kotler

Calculate a stock's price/earnings ratio yourself, using Graham's formula of current price divided by average earnings over the past three years. — Benjamin Graham

The stock market goes nuts over any company that so much as mentions the word Internet. All this proves to me is that the boneheads on Wall Street are as dumb as they were in college when they had to switch their majors to business to keep from flunking out. — John C. Dvorak

I don't know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn't get you anywhere. — Jesse Lauriston Livermore

When then-New York Attorney General Eliot Spitzer sued me in 2003 over my stewardship as a director of the New York Stock Exchange, the NYSE's legal expenses were more than $100 million, which made it perhaps the priciest litigation in the state's history. — Kenneth Langone

Every human occupation has it repertoire of stock phrases, within which every man twists and turn until his death. His vocabulary, which seems so lavish, reduces itself to a hundred routine formulas at most, which he repeats over and over. — Villiers De L'Isle-Adam

We have always goodly stock in us of that which we condemn: as only similars can be profitably contrasted, so only similar people quarrel, and the bitterest wars are over the slightest variations of purpose or belief. — Will Durant

Christianity isn't moving people's lives today. What's moving people's lives is the stock market and the baseball scores. What are people excited about? It's a totally materialistic level that has taken over the world. There isn't even an ideal that anybody's fighting for. — Joseph Campbell

The history of mankind henceforth is a history of more or less blind endeavours to conceive, a common purpose in relation to which all men may live happily, and to create and develop a common consciousness and a common stock of knowledge which may serve and illuminate that purpose. In a vast variety of forms this is appearance of kings and priests and magic men was happening all over the world under Neolithic conditions. Everywhere mankind was seeking where knowledge and mastery and magic power might reside; everywhere individual men were willing, honestly or dishonestly, to rule, to direct, or to be the magic beings who would reconcile the confusions of the community. Another — H.G.Wells

Besides, those whose suffering is due to love are, as we say of certain invalids, their own physicians. As consolation can come to them only from the person who is the cause of their grief, and as their grief is an emanation from that person, it is there, in their grief itself, that they must in the end find a remedy: which it will disclose to them at a given moment, for as long as they turn it over in their minds this grief will continue to show them fresh aspects of the loved, the regretted creature, at one moment so intensely hateful that one has no longer the slightest desire to see her, since before finding enjoyment in her company one would have first to make her suffer, at another so pleasant that the pleasantness in which one has invested her one adds to her own stock of good qualities and finds in it a fresh reason for hope. — Marcel Proust

It may be seriously questioned whether the philosophies ... which isolate mind and set it over against the world did not have their origin in the fact that the reflective or theoretical class of men elaborated a large stock of ideas which social conditions did not allow them to act upon and test. Consequently men were thrown back into their own thoughts as ends in themselves. — John Dewey

I nodded to Sam. "I'll just clean up these boxes and meet you out on the floor." Macy's didn't mess around their shoe department in New York. It spanned two floors, and it was always busy.
"Okay," she relented. "If you're not out in ten minutes, I'm coming back to find you."
"Got it. I was relieved when she finally walked out of the stock room. I wanted to forget this craziness had ever occurred.
Tom bent over to help me as I gathered up the errant shoes. "Dude," he said, "can I touch your arm? I've never touched anyone who's died before. — Amanda Carlson

Over and over and with the least provocation, they pulled from their stock of stories tales about the old folks, their grands and great-grands; their fathers and mothers. Dangerous confrontations, clever manoeuvres. Testimonies to endurance, wit, skill and strength. Tales of luck and outrage. But why were there no stories to tell of themselves? About their own lives they shut up. Had nothing to say, pass on. As though past heroism was enough of a future to live by. As though, rather than children, they wanted duplicates. — Toni Morrison

In the name of speed, Morse and Vail had realized that they could save strokes by reserving the shorter sequences of dots and dashes for the most common letters. But which letters would be used most often? Little was known about the alphabet's statistics. In search of data on the letters' relative frequencies, Vail was inspired to visit the local newspaper office in Morristown, New Jersey, and look over the type cases. He found a stock of twelve thousand E's, nine thousand T's, and only two hundred Z's. He and Morse rearranged the alphabet accordingly. They had originally used dash-dash-dot to represent T, the second most common letter; now they promoted T to a single dash, thus saving telegraph operators uncountable billions of key taps in the world to come. Long afterward, information theorists calculated that they had come within 15 percent of an optimal arrangement for telegraphing English text. — James Gleick

Unreal City,
Under the brown fog of a winter dawn,
A crowd flowed over London Bridge, so many,
I had not thought death had undone so many.
Sighs, short and infrequent, were exhaled,
And each man fixed his eyes before his feet.
Flowed up the hill and down King William Street,
To where St Mary Woolnoth kept the hours
With a dead sound on the final stock of nine.
There I saw one I knew, and stopped him crying: 'Stetson!
You, who were with me in the ships at Mylae!
That corpse you planted last year in your garden,
Has it begun to sprout? Will it bloom this year?
Or has the sudden frost disturbed its bed?
Oh keep the Dog far hence, that's friend to men,
Or with his nails he'll dig it up again!
You! hypocrite lecteur!-mon semblable,-mon frere! — T. S. Eliot

When I worked in a second-hand bookshop - so easily pictured, if you don't work in one, as a kind of paradise where charming old gentlemen browse eternally among calf-bound folios - the thing that chiefly struck me was the rarity of really bookish people. Our shop had an exceptionally interesting stock, yet I doubt whether ten per cent of our customers knew a good book from a bad one. First edition snobs were much commoner than lovers of literature, but oriental students haggling over cheap textbooks were commoner still, and vague-minded women looking for birthday presents for their nephews were commonest of all. — George Orwell

Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity. — Ray Dalio

Over many decades, our usual practice is that if something we like goes down, we buy more and more. Sometimes something happens, you realize you're wrong, and you get out. But if you develop correct confidence in your judgment, buy more and take advantage of stock prices. — Charlie Munger

Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer. — Jesse Lauriston Livermore

Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies. — Peter Lynch

As the stag which the huntsman has hit flies through bush and brake, over stock and stone, thereby exhausting his strength but not expelling the deadly bullet from his body; so does experience show that they who have troubled consciences run from place to place, but carry with them wherever they go their dangerous wounds. — Gotthold Ephraim Lessing

A major boom in real stock prices in the U.S. after 'Black Tuesday' brought them halfway back to 1929 levels by 1930. This was followed by a second crash, another boom from 1932 to 1937, and a third crash. Speculative bubbles do not end like a short story, novel, or play. There is no final denouement that brings all the strands of a narrative into an impressive final conclusion. In the real world, we never know when the story is over. — Robert J. Shiller

It is with a rush of home-sickness that the thought of death presents itself ... Such sentiment is the eternal stock of all religions, modified indeed by changes of time and place, but indestructible, because its root is so deep in the earth of man's nature. The breath of religious initiators passes over them; a few "rise up with wings as eagles" [Isaiah 40:31], but the broad level of religious life is not permanently changed. Religious progress, like all purely spiritual progress, is confined to a few. — Walter Pater

You can see Musk's embrace of the car as lifestyle in Tesla's abandonment of model years. Tesla does not designate cars as being 2014s or 2015s, and it also doesn't have "all the 2014s in stock must go, go, go and make room for the new cars" sales. It produces the best Model S it can at the time, and that's what the customer receives. This means that Tesla does not develop and hold on to a bunch of new features over the course of the year and then unleash them in a new model all at once. It adds features one by one to the manufacturing line when they're ready. Some customers may be frustrated to miss out on a feature here and there. Tesla, however, manages to deliver most of the upgrades as software updates that everyone gets, providing current Model S owners with pleasant surprises. — Ashlee Vance

Unknown Assassin, says the headline. Blanche skips over the details she already knows. How bizarre to see what she lived through last night turned into an item tucked between stock prices and Crazy Horse whupping the army at Little Bighorn. — Emma Donoghue

Men spend their lives in anticipations, - in determining to be vastly happy at some period when they have time. But the present time has one advantage over every other - it is our own. Past opportunities are gone, future have not come. We may lay in a stock of pleasures, as we would lay in a stock of wine; but if we defer the tasting of them too long, we shall find that both are soured by age. — Charles Caleb Colton

It's a fact: stock investors sometimes lose money on their way to wealth. Get over it. — Jane Bryant Quinn

A novel ... is a golden kettle into which you pour all of experience ... You can toss in great chunks of meat and fragrant bones and stock left over from the meals before. You can add fragments of character or the whole man. You can have scenes that fill a quarter of the book and others that flash by in a fleeting glance. In a novel there's nothing you can't do, if you do it with passion. — James A. Michener

The sand swallows burst out of their scupper holes in the bluffs and out over the transparent drown of the water, back again to the white, to the brown, to the black, from moving to stock-still sand waves and water-worked woods and roots that hugged and twisted in the sun. — Saul Bellow

In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble. — James K. Glassman

BACKYARD GARDEN SALAD In wartime, patriotic families cultivated "Victory Gardens" to promote self-sufficiency and help the war effort. 4 cups mixed greens 1/4 cup fresh sprigs of dill 1/4 cup fresh flat-leaf parsley leaves 4 large basil leaves, rolled up and thinly sliced crosswise 1 large lemon, halved 1/4 cup fruity olive oil pinch of salt fresh ground black pepper to taste 1 cup toasted walnuts 3/4 cup crumbled feta cheese 1 cup fresh edible flowers; choose from bachelor's buttons, borage, calendulas, carnations, herb flowers (basil, chives, rosemary, thyme), nasturtiums, violas, including pansies and Johnny-jump-ups, stock Toss salad greens and herbs in a large bowl. Squeeze lemon juice (without the seeds) over the greens and season with olive oil, salt and pepper. Toss again. Add walnuts and feta and toss well. Divide salad and pansies among four serving plates and serve. (Source: Adapted from California Bountiful) — Susan Wiggs

In short, then, state companies have most of the assets, fill oligopolistic and thus profitable economic positions, receive virtually all bank credit (and at preferential rates), represent most of the stock market capitalisation and generate most of the profit. Private enterprises constitute most of the companies, provide most of the jobs, dominate exports, represent over two-thirds of economic activity and drive the economy. When analysed, this presents a rather unusual picture and demonstrates why there is a strong lobby against further economic reform. — Timothy Beardson

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

Historically, the stock market is like a gambling casino with the odds in your favor. Over the long pull, stocks are given something like nine and a half to ten percent compounded per year. The banks have probably given you something in the order of four to five. — Burton Malkiel

Alternate translation: Come brethren, if you have a mind to be ingrafted in the vine, It is a pity to see you lopped off in this manner From the stock. Reckon up the prelates in the very see of Peter; And in that order of fathers see which has succeeded which. This is the rock over which the proud gates of hell prevail not. — Saint Augustine

I was working in financing. I was buying and selling stocks for a market-maker on the options floor at the Pacific Stock Exchange. He took me under his wing and was training me to take over his accounts. That's the career I had embarked on, at the time. — Tim Kang

Feathers," he says.

They ask this question at least once a week. He gives the same answer. Even over such a short time - two months, three? He's lost count - they've accumulated a stock of lore, of conjecture about him: Snowman was once a bird but he's forgotten how to fly and the rest of his feathers fell out, and so he is cold and he needs a second skin, and he has to wrap himself up. No: he's cold because he eats fish, and fish are cold. No: he wraps himself up because he's missing his man thing, and he doesn't want us to see. That's why he won't go swimming. Snowman has wrinkles because he once lived underwater and it wrinkled up his skin. Snowman is sad because the others like him flew away over the sea, and now he is all alone. — Margaret Atwood

She
touched his hand, and he went stock-still. She
leaned over to examine it, the top of her head
brushing beneath his nose. Only his sudden
immobility stopped him from violently pulling away.
"From the candles?" Had she bathed in bloody
honey? — Anne Mallory

In 2008, when almost every other investor got crushed, and even the Wall Street "experts" were down by almost half, I was up 17 percent - beating the S&P Average by over 50 percent.

Reminiscences of a Stock Market Flea — James J. Houts

I've grown quite weary of the spunky heroines, brave rape victims, soul-searching fashionistas that stock so many books. I particularly mourn the lack of female villains - good, potent female villains. Not ill-tempered women who scheme about landing good men and better shoes (as if we had nothing more interesting to war over), not chilly WASP mothers (emotionally distant isn't necessarily evil), not soapy vixens (merely bitchy doesn't qualify either). I'm talking violent, wicked women. Scary women. Don't tell me you don't know some. The point is, women have spent so many years girl-powering ourselves - to the point of almost parodic encouragement - we've left no room to acknowledge our dark side. Dark sides are important. They should be nurtured like nasty black orchids. — Gillian Flynn

China frequently confounds stock market prognosticators because it has a penchant for straying markedly from other broad global indexes year-by-year over the decades - even from emerging markets. It's hit or miss. — Kenneth Fisher

The great thing about having money is that you can actually just get on with your life and not have to think about paying the bills or crouch over 'The Wall Street Journal' or the 'Financial Times' and look at the stock figures and things like that. That bores me rigid. — Peter Mayle

For most of the twentieth century, directors were paid largely in cash. Now, so that their interests will be aligned with those of shareholders, much of their pay is in stock. Boards of directors were once populated by corporate insiders, family members, and cronies of the C.E.O. Today, boards have many more independent directors, and C.E.O.s typically have less influence over how boards run. And S.E.C. reforms since the early nineteen-nineties have forced companies to be transparent about executive compensation. — Anonymous

So young Collins was there to select one of the girls, as you'd choose an apple from a costermonger's stall. A brisk look over the piled-up stock: one of the bigger ones, the riper ones
that one will do. They were all the same, after all, weren't they? The were of good stock. All the same variety , from the same tree. Why bother looking any further, or making any particular scrutiny of the individual fruits? — Jo Baker

The term bellwether refers to the practice of placing a bell around the neck of a castrated ram (a wether) leading his flock of sheep. While out of sight, the sound of the bell is a directive on the whereabouts of the flock. When earning season begins, the bellwether stock is that of the largest (typically industrial) companies who report their earnings. Analysts look to these reports as an indication of how subsequent reports will come in under or over expectations. — Coreen T. Sol

I think markets are often not thinking on a long-time horizon, I think that our government structurally is doing even less so. When we have a government where we have people who are up for election at most once every six years for a U.S. senator, that's a time horizon that is much shorter than in a market that a company is looking at 10, 15, 20 years which is a time horizon over which a stock price is typically valued. — Peter Thiel

THE greatest of English dramatists except Shakespeare, the first literary dictator and poet-laureate, a writer of verse, prose, satire, and criticism who most potently of all the men of his time affected the subsequent course of English letters: such was Ben Jonson, and as such his strong personality assumes an interest to us almost unparalleled, at least in his age. Ben Jonson came of the stock that was centuries after to give to the world Thomas Carlyle; for Jonson's grandfather was of Annandale, over the Solway, whence he — Ben Jonson

We have complaints that institutional dominance of the stock market has put 'the small investor at a disadvantage because he can't compete with the trust companies' huge resources, etc. The facts are quite the opposite. It may be that the institutions are better equipped than the individual to speculate in the market.But I am convinced that an individual investor with sound principles, and soundly advised, can do distinctly better over the long pull than large institutions. — Benjamin Graham