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“Such a study indicates that the greatest investment reward comes to those who by good luck or good sense find the occasional company that over the years can grow in sales and profits far more than industry as a whole. It further shows that when we believe we have found such a company we had better stick with it for a long period of time. It gives us a strong hint that such companies need not necessarily be young and small. Instead, regardless of size, what really counts is a management having both a determination to attain further important growth and an ability to bring its plans to completion.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“Most frequently given of such reasons is the conviction that a general stock market decline of some proportion is somewhere in the offing. In the preceding chapter I tried to show that postponing an attractive purchase because of fear of what the general market might do will, over the years, prove very costly. This is because the investor is ignoring a powerful influence about which he has positive knowledge through fear of a less powerful force about which, in the present state of human knowledge, he and everyone else is largely guessing.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“In a new plant for even established processes or products, there will probably be a shake-down period of six to eight weeks that will prove rather expensive. It takes this long to get the equipment adjusted to the required operating efficiency and to weed out the inevitable "bugs" that seem to occur in breaking in modern intricate machinery.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“But his very best questions always popped out of his mind, unprepared, never having been written down in advance because they were the angle he picked up on the fly, as he heard an answer to a lesser question. Those creative questions were the art. It is what, in my mind, made his querying great.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“Fighting unemployment by methods far more costly than the opening of bread lines and soup kitchens would not have been given serious consideration, regardless of which party might have been in office. Since 1932 all that is reversed. The Democrats may or may not be less concerned with a balanced federal budget than the Republicans. However, from President Eisenhower on down, with the possible exception of former Secretary of the Treasury Humphrey, the responsible Republican leadership has said again and again that if business should really turn down they would not hesitate to lower taxes or make whatever other deficit-producing moves were necessary to restore prosperity and eliminate unemployment. This is a far cry from the doctrines that prevailed prior to the big depression.”
― quote from Common Stocks and Uncommon Profits and Other Writings
“One of the great unwritten chapters of retail intelligence programming featured a “personal shopper” program that all-too-accurately modeled the shoppers’ desires and outputted purchase ideas based on what shoppers really wanted as opposed to what they wanted known that they wanted. This resulted in one overcompensatingly masculine test user receiving suggestions for an anal plug and a tribute art book for classic homoerotic artist Tom of Finland, while a female test user in the throes of a nasty divorce received suggestions for a small handgun, a portable bandsaw, and several gallons of an industrial solvent used to reduce organic matter to an easily drainable slurry. After history’s first recorded instance of a focus group riot, the personal shopper program was extensively rewritten.”
― John Scalzi, quote from The Android's Dream
“One walks along a street and strays unknowingly from one's path; one then looks up and suddenly for those familiar landmarks of orientation, and, seeing none, one feels lost. Panic drapes the look of the world in a strangeness, and the more one stares blankly at the world, the stranger it looks, the more hideously frightening it seems. There is then born in one a wild, hot wish to project out upon the alien world the world that one is seeking. This wish is a hunger for power, to be in command of one's self.”
― Richard Wright, quote from The Outsider
“Must I accept the barren Gift?
-learn death, and lose my Mastery?
Then let them know whose blood and breath
will take the Gift and set them free:
whose is the voice and whose the mind
to set at naught the well-sung Game-
when finned Finality arrives
and calls me by my secret Name.
Not old enough to love as yet,
but old enough to die, indeed-
-the death-fear bites my throat and heart,
fanged cousin to the Pale One's breed.
But past the fear lies life for all-
perhaps for me: and, past my dread,
past loss of Mastery and life,
the Sea shall yet give up Her dead!
Lone Power, I accept your Gift!
Freely I make death a part of me;
By my accept it is bound
into the lives of all the Sea-
yet what I do now binds to it
a gift I feel of equal worth:
I take Death with me, out of Time,
and make of it a path, a birth!
Let the teeth come! As they tear me,
they tear Your ancient hate for aye-
-so rage, proud Power! Fail again,
and see my blood teach Death to die!”
― Diane Duane, quote from Deep Wizardry
“Being a king was not about pleasing people. It was about controlling them.”
― Elizabeth Chadwick, quote from Lady of the English
“Here is what we seek: a compassion that can stand in awe at what the poor have to carry rather than stand in judgment at how they carry it.”
― Gregory Boyle, quote from Tattoos on the Heart: The Power of Boundless Compassion
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