Quotes on Values

The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.

We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good investments and that you wanted to be in good investments, and therefore, you'd just find a few of them that you knew a lot about and concentrate on those seemed to me such an obviously good idea. And indeed, it's proven to be an obviously good idea. Yet 98% of the investing world doesn't follow it. That's been good for us.

The game of life is the game of everlasting learning. At least it is if you want to win.

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

Acquire Riches by Industry and Frugality.

The universe and the Laws of Physics seem to have been specifically designed for us. If any one of about 40 physical qualities had more than slightly different values, life as we know it could not exist: Either atoms would not be stable, or they wouldn't combine into molecules, or the stars wouldn't form heavier elements, or the universe would collapse before life could develop, and so on...

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

The value of the Old Testament may be dependant on what seems its imperfection. It may repel one use in order that we may be forced to use it in another way-to find the Word in it...to re-live, while we read, the whole Jewish experience of God's gradual and graded self-revelation, to feel the very contentions between the Word and the human material through which it works.

You will find that you survive humiliation. And that's an experience of incalculable value.

Nothing raises the price of a blessing like its removal; whereas, it was its continuance which should have taught us its value. [It is wise to be grateful of what we have while we have it.]

Look at the word responsibility-"response-ability"-the ability to choose your response. Highly proactive people recognize that responsibility. They do not blame circumstances, conditions, or conditioning for their behavior. Their behavior is a product of their own conscious choice, based on values, rather than a product of their conditions, based on feeling.

I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by trying to raise margins. It's a more patient approach, but we think it leads to a stronger, healthier company. It also serves customers much, much better.

One of the greatest values of mentors is the ability to see ahead what others cannot see and to help them navigate a course to their destination.

The entire Nintendo group will carry on the spirit of Mr. Yamauchi by honoring, in our approach to entertainment, the sense of value he has taught us - that there is merit in doing what is different - and at the same time, by changing Nintendo in accordance with changing times.

The harder you work, the more confidence you get. But you may be working hard on something that is false.

All great masters are chiefly distinguished by the power of adding a second, a third, and perhaps a fourth step in a continuous line. Many a man has taken the first step. With every additional step you enhance immensely the value of your first.

If it turns out that there are emotions and values that are more numerous and more vibrant than indifference and hatred, things are going to be okay. That depends on us.

We do not quite say that the new is more valuable because it fits in; but its fitting in is a test of its value - a test, it is true, which can only be slowly and cautiously applied, for we are none of us infallible judges of conformity.

We have multiplied our possessions, but reduced our values.

Who doesn’t respect and value his past, is not worth the honour of the present, and has no right to a future