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Driving stock up from one day to the next is not what we are about. We are about building a good company and performing for the long term. I know everyone says that, that sounds trite when I repeat it that way, but that is and has always been our attitude about our business. If we do the right things, the stock price will take care of itself, and our shareholders will be rewarded (Term Quotes)
People overestimate what they can accomplish in the near term and underestimate what they can accomplish in the long term (Term Quotes)
Value investing doesn’t always work. The market doesn’t always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn’t work. And that is a very good thing. The fact that our value approach doesn’t work over periods of time is precisely the reason why it continues to work over the long term (Term Quotes)
Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interest rate risk, and one would bear the risk of default. The last two would not have to put up any capital for the bond, though they might have to post some sort of collateral (Term Quotes)
I’m fortunate to have found out early, in 1990, just two years after I retired, that I have neurological damage. I try to manage it. I know what can trigger headaches and try to avoid it. I have short term memory problems, so I make a special effort to remember people and names. I have to work harder, but it’s important (Term Quotes)
Nature is very clear on this. In fact, there’s one fundamental law that all of nature obeys that mankind breaks everyday. Now this is a law that’s evolved over billions of years and the law is this: nothing in nature takes more than it needs. A redwood tree doesn’t take all of the soil’s nutrients, just what it needs to grow. A lion doesn’t kill every gazelle, just one. We have a term for something in the body when it takes more than its share. We call it cancer (Term Quotes)
Breast stimulation is especially effective in starting labor at term when it is combined with sexual intercourse. Unless your partner is an abysmally poor lover, this combination is by far the most enjoyable method of induction (Term Quotes)
The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing is one of the most effective ways of achieving good long term results (Term Quotes)
Of all human activities, apart from the procreation of children, gardening is the most optimistic and hopeful. The gardener is by definition one who plans for and believes and trusts in a future, whether in the short or the longer term (Term Quotes)
For me, synchronicity is a way of confirming the rightness of action. It is only in its absence that I realize I’m out of kilter with, for want of a better term, the collective unconscious (Term Quotes)
How strange that excision – female circumcision, with several languages using the same term for both kinds of mutilation – of little girls should revolt the westerner but excite no disapproval when it is performed on little boys. Consensus on the point seems absolute. But ask your interlocutor to think about the validity of this surgical procedure, which consists of removing a healthy part of a nonconsenting child’s body on nonmedical grounds – the legal definition of… mutilation (Term Quotes)
We think about the world in all ways we experience it ; we think visually, we think in sign, we think kinesthetically, we think in abstract term, we think in movement. Creativity is the process of having original ideas that have value (Term Quotes)
If you are not actively seeking and creating opportunities, which always contain an element of risk, you are actually exposing yourself to more serious risks in the long term (Term Quotes)
Truth is rhythmical: if it implies stasis, it is platitude. Truth is syncopated: if it supplies all the terms, there is one term too many. Truth is barbed: if it comforts, it lies. Truth is an armed dancer (Term Quotes)
We often say that the earth is a sphere, but to be precise, the term sphere refers only to the surface. The correct mathematical term for the solid earth is a ball (Term Quotes)
Climbing is this long term, lifelong journey. It’s really important to just take your time with it and keep it fun. I’ve seen a lot of people burn out because it starts becoming this job for them. It stops being fun. For me, it’s been really important to keep it enjoyable. Listen to your motivation (Term Quotes)
Presidents generally do what they are good at in their first four years, then spend their second term responding to the agendas imposed upon them by events (Term Quotes)
I was always explaining why my term papers were never on time. I think that’s where I got my acting training! (Term Quotes)
Don’t drink fluoridated water... Fluoride is a corrosive poison which will produce harm on a long term basis (Term Quotes)
What a state of society is this in which freethinker is a term of abuse, and in which doubt is regarded as sin? (Term Quotes)
I was talking to one of the writers about our target audience, and he was insulted that I used that term. But if you’re given $60 million to make a film, you’d better know who your target audience is. That’s who’s going to pay back the bills you run up (Term Quotes)
Science is not a body of knowledge nor a system of belief; it is just a term which describes humankind’s incremental acquisition of understanding through observation. Science is awesome (Term Quotes)
Fear is not a motivating factor. You might be able to get a little bit more out of someone in the short term, but you will completely erode your business and your culture in the long term. You’re going to lose all your good people. You’re not going to have people tell you the truth, and it becomes the tradition (Term Quotes)
I have a problem with the term social entrepreneurship because people say only business helps to make the world a better place (Term Quotes)
Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company’s value in the future (Term Quotes)
Cult writer. It’s a weird term because it’s complimentary but condescending at the same time (Term Quotes)
Individuality is different than isolation. Isolation is trying to do everything on your own, living life by yourself. Isolation happens when you choose not to be involved in any communities, making sure you keep a safe distance from people in your life. I’m not recommending isolation. Science, psychology, and religion all suggest long term isolation is dangerous and unhealthy (Term Quotes)
If you are able to look beyond near term trouble, you have an advantage over many professional investors (Term Quotes)
Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term (Term Quotes)
Personally, I don’t see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption (Term Quotes)