Category: Quotes

This is the only game where wealth and success is GUARANTEED – all you have to do is put your head down, do what you think is right and try your best.  And be there.  Building while the market gives you nothing, so that when it finally does – and it will – you get to go along.

 

Street Life will break you down at times but over the long haul it will be good to you.  Provided you don’t take the detours or cheat to get ahead.  Provided you don’t fall off or get taken out before your time.Because the final rule, and the most important one, is this:

 

Outlast the bastards.

 

–wrote Josh Brown in TRB

 “Fucking Eric Schmidt is a fucking pussy!I’m going to fucking bury that guy! I have done it before and I will do it again. I’m going to fucking kill Google.”- said Microsoft CEO, Steve Balmer

If I can give you one piece of financial advice, it’s: If somebody offers you a guaranteed 7% on your money for the rest of your life, you take it and just make sure the guy’s name isn’t Madoff.- said Mayor Michael Bloomberg

When a company does report its earnings, markets will react to the “news” in the report but the way we measure the news has to be relative to expectations. Thus, a company that reports that its earnings went up by 30% may be seen as delivering bad news, if investors were expecting an increase of 40%, and a firm that announces an earnings decline of 30% may be providing positive information, if the expectation was that earnings would decline by 40%. Thus, it is not the magnitude of the earnings change that matter but the “surprise” in the earnings, measured as the earnings change relative to expectations–wrote Aswath Damodaran