Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
Peter LynchRead
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192 quotes
Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
You ask for your audience's investment in your music; you're in a relationship with them. And their relationship with the E Street Band is separate from whatever else I might do. I like the idea of us being something that people rely on.
A narrative that branded Africa as little more than an economic, political and social basket case was not likely to provide the investment needed to drive development.
The most valuable of all capital is that invested in human beings
When you have a global mush, people lose their identity, they become pseudonyms, they have no investment and no consequence in what they do.
Regardless of what happens in the markets, stick to your investment program. Changing your strategy at the wrong time can be the single most devastating mistake you can make as an investor.
Eliminate emotion from your investment program.
You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.
You can't find returns in investments you haven't made.
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
You can't produce a baby in one month by getting nine women pregnant.
I am much less concerned with whatever it is technology may be doing to people that what people are choosing to do to one another through technology. Facebook's reduction of people to predictively modeled profiles and investment banking's convolution of the marketplace into an algorithmic battleground were not the choices of machines.
Investing in women's lives is an investment in sustainable development, in human rights, in future generations - and consequently in our own long-term national interests.
Because we're actors we can pretend and fake it, but I'd rather the intimate investment was authentic.
Higher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?
It's always funny to me when people use the phrase 'Best guitar player in the world'. There are too many variables such as technique, uniqueness, emotional investment in the notes, etc. But If I had to pick one, it would be Tommy Emmanuel. Watching him perform can be a study in artistic and virtuosic human achievement.
The wealthiest Americans often live as though they and their children had nothing to gain from investments in education, infrastructure, clean-energy, and scientific research.
None of my other investments give me the joy that autographs do because they make me feel that I am holding a piece of history in my hands.
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