A Quote by Andy Bechtolsheim
Over the long term, absent of other barriers, economics always win.
Related 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.
Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of your best investment options. The trick is to GET to the long term. Think in terms of 5 years, 10 years and longer. Do your planning and asset allocation ahead of time. Choose a portion of your assets to invest in the stock market - and stick with it! Yes, the bad times will come, but over the truly long term, the good times will win out - and I hope the lessons from 2008 will help get you there to enjoy them.
One thinks that one is winning when we slap tariffs or introduce barriers to imports from another country, and we think we win. But you lose when you export because the other countries are going to raise tariffs as well. They're going to introduce barriers as well. So you win with one hand and you lose with the other.
Nature will eventually do what nature has always done. It will respond in a self-stabilizing manner over the long term with moderate variability over multi-decade periods and with occasional significant variability over the short term.
It's always important for a coach to decide on the short term and long term - one factor doesn't block out the other.
All of the barriers to innovation in the energy sector are arguments for a big commitment to public investment. Only the public sector can make the kind of long-term, common investments that we need to overcome those barriers to innovation.
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.
There is such pleasure in long-term marriage that I really would hate to be
my age and not have had a long-term marriage. Remember, sustaining a pleasurable,
long-term marriage takes effort, deliberateness and an intention to learn about
one another. In other words, marriage is for grown-ups.
We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.
I always had that long-term vision. Even getting going with cinema, knowing it was such a long road to be able to make films, but I always had a long term. Whenever I was starting out, I had that patience.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
I will maintain the position that, long-term, a strong and dependable dollar is in the best interests of the United States while recognizing that, at times over the long-term, that may not be the case.
President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health.
Anyway, maybe there weren't any solutions. Human society, corpses and rubble. It never learned, it made the same cretinous mistakes over and over, trading short-term gain for long-term pain.
The FOMC has considerable control over short-term interest rates. We have much less influence over long-term rates, which are set in the marketplace.
In order to ensure long-term investment, it is important to make infrastructure as transparent and as bankable as possible - should be a win-win for all.
Related Authors
Anousheh Ansari Quotes
American
Engineer
Arthur Alfred Lynch Quotes
Australian
Engineer
Fritz Todt Quotes
German
Engineer
John Congleton Quotes
American
Engineer
Kshama Sawant Quotes
American
Engineer
Martin Fowler Quotes
American
Engineer
Matt Cutts Quotes
American
Engineer
Michael Martin Hammer Quotes
American
Engineer
Oliver Heaviside Quotes
English
Engineer
Owsley Stanley Quotes
American
Engineer
Tom DeMarco Quotes
American
Engineer
Vinton Cerf Quotes
American
Engineer
William C. Brown Quotes
American
Engineer
Willis Harman Quotes
American
Engineer