Today When Stock Quotes & Sayings

Einstein was right about relativity, but even he would have had a difficult time applying relative valuation in today's stock markets. — Aswath Damodaran

Unfortunately he's just sold all his stock. We gave him the funds today." "Sold everything?" "I tried to persuade him not to, but he came in on Monday and said he'd decided not to tempt fate." The clerk smiled. "Said he'd had a sign from St. Anthony. — Edward Rutherfurd

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

The idols of modern culture have had a profound influence on the shape of our work today. In traditional societies people found their meaning and sense of value by submitting their interests and sacrificing their desires to serve higher causes like God, family, and other people. In modern societies there is often no higher cause than individual interests and desires. This shift powerfully changed the role of work in people's lives - it now became the way we defined ourselves. Traditional cultures tended to see people's place on the social ladder as assigned by nature or convention, each family having its "proper place." That view had put too little stock in the role of individual talent, ambition, and hard work for determining the outcome of one's life. But modern society responded by putting too much stock in the autonomous person. — Timothy Keller

We have left behind the rosy agrarian rhetoric and slaveholding reality of Jeffersonian democracy and reside in the bustling world of trade, industry, stock markets, and banks that Hamilton envisioned. (Hamilton's staunch abolitionism formed an integral feature of this economic vision.) He has also emerged as the uncontested visionary in anticipating the shape and powers of the federal government. At a time when Jefferson and Madison celebrated legislative power as the purest expression of the popular will, Hamilton argued for a dynamic executive branch and an independent judiciary, along with a professional military, a central bank, and an advanced financial system. Today, we are indisputably the heirs to Hamilton's America, and to repudiate his legacy is, in many ways, to repudiate the modern world. — Ron Chernow

Growth isn't central at all, because I'm trying to run this company as if it's going to be here a hundred years from now. And if you take where we are today and add 15% growth, like public companies need to have for their stock to stay up in value, I'd be a multi-trillion-dollar company in 40 years. Which is impossible, of course. — Yvon Chouinard

Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing. — James Buchan

After the stock market crash, some New York editors suggested that hearings be held: what had really caused the Depression? They were held in Washington. In retrospect, they make the finest comic reading. The leading industrialists and bankers testified. They hadn't the foggiest notion what had gone bad. You read a transcript of that record today with amazement: that they could be so unaware. This was their business, yet they didn't understand the operation of the economy. The only good witnesses were the college professors, who enjoyed a bad reputation in those years. No professor was supposed to know anything practical about the economy. — Studs Terkel

Today I know this: when it comes time to take stock, the most painful wound is that of broken friendships; and there is nothing more foolish than to sacrifice a friendship to politics. — Milan Kundera

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about. — Alan Greenspan

Stocks are at an all-time high today. I don't have any money in the stock market. I don't have the stomach for the ups and downs. So about 20 years ago I put all of my money and liquid assets into videotape rewind machines. — David Letterman

Food wasn't one of the amenities at Cooper, the five-hundred-bed hospital on which millions of poor people depended. Nor was medicine. "Out of stock today" was the nurses' official explanation. Plundered and resold out of supply cabinets was an unofficial one. What patients needed, families had to buy on the street and bring in. — Katherine Boo

When I was racing, I had learned that you can't set stock in public adoration or your press clippings. By the time I was 26, I'd heard crowds of 100,000 scream my name, but a week later they couldn't remember who I was. You're a hero today and a bum tomorrow - hero to zero, I sometimes say. — Eddie Rickenbacker

If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds. — Peter Lynch

Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies. — Marc Andreessen

The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job. — Jay Leno

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

Going public today is fraught with peril on many levels. One is earnings guidance. If you miss guidance, the stock price becomes very volatile. Short sellers can put a tremendous downward pressure on the stock. — Ben Horowitz

Just been talking today out here to all the Senators investigating these stock swindles and overcapitalizations. There has been hundreds of millions lost. There ought to be some form of guardianship for people that buy all this junk. Education won't do it. The buyers are the ones we have educated up till they are just smart enough to fall for everything that comes along. — Will Rogers

Today I am bothered by the story of King Canute. ( ... ) The story is, of course, that he was so arrogant and despotic a leader that he believed he could control everything - even the tide. We see him on the beach, surrounded by subjects, sceptre in hand, ordering back the heedless waves; a laughing stock, in short. But what if we've got it all wrong? What if, in fact, he was so good and great a king that his people began to elevate him to the status of a god, and began to believe that he was capable of anything? In order to prove to them that he was a mere mortal, he took them down to the beach and ordered back the waves, which of course kept on rolling up the beach. How awful it would be if we had got it so wrong, if we had misunderstood his actions for so long. — Maggie O'Farrell

With the recent demise of totalitarian communisms, and new rise of capital'sglobal reach and power, it has become fashionable to explain away today's gross factor imbalance and assume the world has entered a new era of capitalist peace and "new paradigm" of perpetual prosperity. Such assumptions not only run counter to history, and fly in the face of today's growing wealth disparities, depression, stock debacles, and social backlash but also deny the dismal dynamic set into place. — Kent Welton

Leadership in today's world requires far more than a large stock of gunboats and a hard fist at the conference table. — Hubert H. Humphrey

What's the good of not believing? Today it's your wife you don't believe; tomorrow it's God Himself you won't take stock in. — Isaac Bashevis Singer

There is in the world today a great and mysterious force that shapes the fortunes of millions of people. It is called the stock market. — Robert Wright

The gist of Laszlo's pitch for the equity department was this question: When you turn on your television at six-thirty and Dan Rather tells you that today the market went up twenty-four points, what market do you think he means? "What!" Laszlo would say. "You think he's talking about Grade A industrial bonds? Ha! He's talking about the stock market." In other words, if you joined the equity department, your mother would know what you did for a living. — Michael Lewis

I particularly remember the time I gave (the research director) my paper on the banking industry. I felt very proud of my work. However, he read through it and said, 'This is useless. What makes the stock go up and down?' That comment acted as a spur. Thereafter, I focused my analysis on seeking to identify the factors that were strongly correlated to a stock's price movement as opposed to looking at all the fundamentals. Frankly, even today, many analysts still don't know what makes their particular stocks go up and down. — Stanley Druckenmiller

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

Today you can buy the Dialogues of Plato for less than you would spend on a fifth of whiskey, or Gibbon's Decline and Fall of the Roman Empire for the price of a cheap shirt. You can buy a fair beginning of an education in any bookstore with a good stock of paperback books for less than you would spend on a week's supply of gasoline. — Louis L'Amour

Stock and flow" is an economic concept that writer Robin Sloan has adapted into a metaphor for media: "Flow is the feed. It's the posts and the tweets. It's the stream of daily and sub-daily updates that remind people you exist. Stock is the durable stuff. It's the content you produce that's as interesting in two months (or two years) as it is today. — Austin Kleon

Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down and things may be different tomorrow but I thought it was worth a moment of reflection today. — Steve Jobs

There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. — Jesse Lauriston Livermore

My favourite fellow of the Royal Society is the Reverend Thomas Bayes, an obscure 18th-century Kent clergyman and a brilliant mathematician who devised a complex equation known as the Bayes theorem, which can be used to work out probability distributions. It had no practical application in his lifetime, but today, thanks to computers, is routinely used in the modelling of climate change, astrophysics and stock-market analysis. — Bill Bryson

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature. — Edwin Lefevre

Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy. — Walter Reuther

You have to distinguish between two things - the Swedish economy and the Swedish stock market. The Swedish economy is the sum of all the goods and services that are produced in this country every day. There are telephones from Ericsson, cars from Volvo, chickens from Scan, and shipments from Kiruna to Skovde. That's the Swedish economy, and it's just as strong or weak today as it was a week ago ...
The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less. It doesn't have a thing to do with the Swedish economy. — Stieg Larsson

It was these same families [Rothschild, Rockefeller, Harriman, Bush, etc] who funded the eugenics movement which is pledged to remove the lower genetic blood streams and leave only those of superior stock. Eugenics today often goes under the title of 'population control'. The best known of the population control organizations is Planned Parenthood which began life under another name at the London offices of the British Eugenics Society. — David Icke

If you have only a little capital and are young today, there are fewer opportunities than when I was young. Back then, we had just come out of a depression. Capitalism was a bad word. There had been abuses in the 1920s. A joke going around then was the guy who said, 'I bought stock for my old age and it worked - in six months, I feel like an old man!' "It's tougher for you, but that doesn't mean you won't do well - it just may take more time. But what the heck, you may live longer." — Charlie Munger

It seems to me that today, if the artist wishes to be serious - to cut out a little original niche for himself, or at least preserve his own innocence of personality - he must once more sink himself in solitude. There is too much talk and gossip; pictures are apparently made, like stock-market prices, by competition of people eager for profit; in order to do anything at all we need (so to speak) the wit and ideas of our neighbors as much as the businessmen need the funds of others to win on the market. All this traffic sharpens our intelligence and falsifies our judgment. — Edgar Degas

And back in the spring of 1720, Sir Isaac Newton owned shares in the South Sea Company, the hottest stock in England. Sensing that the market was getting out of hand, the great physicist muttered that he "could calculate the motions of the heavenly bodies, but not the madness of the people." Newton dumped his South Sea shares, pocketing a 100% profit totaling £7,000. But just months later, swept up in the wild enthusiasm of the market, Newton jumped back in at a much higher price - and lost £20,000 (or more than $3 million in today's money). For the rest of his life, he forbade anyone to speak the words "South Sea" in his presence. 4 — Benjamin Graham

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

If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction. — Peter Lynch

Once I fell asleep on the grass and Michel filled my pockets with flowers. Today I am fifteen and I'm taking stock of my life. Even though I want to go to university and eventually buy Michel a red convertible, when I think of those Sundays in the Jardin des Plantes, I want to do things for people they will never forget. Maybe that's the best I can do in life. — Simon Van Booy

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

The wild life of today is not ours to do with as we please. The original stock was given to us in trust for the benefit both of the present and the future. We must render an accounting of this trust to those who come after us. — Theodore Roosevelt

Our lives are shaped as profoundly by personality as by gender or race. And the single most important aspect of personality - the "north and south of temperament," as one scientist puts it - is where we fall on the introvert-extrovert spectrum. Our place on this continuum influences our choice of friends and mates, and how we make conversation, resolve differences, and show love. It affects the careers we choose and whether or not we succeed at them. It governs how likely we are to exercise, commit adultery, function well without sleep, learn from our mistakes, place big bets in the stock market, delay gratification, be a good leader, and ask "what if."* It's reflected in our brain pathways, neurotransmitters, and remote corners of our nervous systems. Today introversion and extroversion are two of the most exhaustively researched subjects in personality psychology, arousing the curiosity of hundreds of scientists. — Susan Cain

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