For us to grow globally, it's not enough to just be an exporter. We have to be a creator.
Bob IgerRead
I'm a big believer in investing for the long term, and the decisions you make shouldn't be made if the economy is good or bad at a specific time.
Interpretation
Long-term investments should not be swayed by short-term economic conditions.
In this quote, Bob Iger emphasizes the importance of a committed, long-term strategy when it comes to investing. He conveys that short-term fluctuations in the economy should not dictate your investment choices, suggesting a focus on enduring principles and goals rather than transient market performances.
In practice
In a financial seminar discussing the importance of strategic investments over time.
For us to grow globally, it's not enough to just be an exporter. We have to be a creator.
I just was built with an innate ability to not let fear guide me in how I run my life.
Steve Jobs was a great friend as well as a trusted advisor. His legacy will extend far beyond the products he created or the businesses he built. It will be the millions of people he inspired, the lives he changed, and the culture he defined.
If someone comes to you with, 'It's my kid's graduation,' you don't tell them, 'Sorry, you can't go to that.' You just don't do that. You figure out some other way.
I never judge myself according to the expectations of others. I judge myself by the jobs I've been given over the years and by the extent to which I succeeded in those jobs.
People still love a good story, and I don't think that will change.
As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.
Investing is the intersection of economics and psychology.
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.
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