A Quote by Benjamin Graham
The genuine investor in common stocks does not need a great equipment of brain and knowledge, but he does need some unusual qualities of character
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You need some knowledge to recognize knowledge, so where does the first knowledge come from?
Your equipment DOES NOT affect the quality of your image. The less time and effort you spend worrying about your equipment the more time and effort you can spend creating great images. The right equipment just makes it easier, faster or more convenient for you to get the results you need.
The investor has the benefit of the stock market's daily and changing appraisal of his holdings, 'for whatever that appraisal may be worth', and, second, that the investor is able to increase or decrease his investment at the market's daily figure - 'if he chooses'. Thus the existence of a quoted market gives the investor certain options which he does not have if his security is unquoted. But it does not impose the current quotation on an investor who prefers to take his idea of value from some other source.
When life caves in, you do not need reasons -- you need comfort. You do not need some answers -- you need someone. And Jesus does not come to us with an explanation -- He comes to us with His presence.
An entrepreneur needs to know what they need, period. Then they need to find an investor who can build off whatever their weaknesses are - whether that's through money, strategic partnerships or knowledge.
We do not need more material development, we need more spiritual development. We do not need more intellectual power, we need more moral power. We do not need more knowledge, we need more character. We do not need more government, we need more culture. We do not need more law, we need more religion. We do not need more of the things that are seen, we need more of the things that are unseen. It is on that side of life that it is desirable to put the emphasis at the present time. If that side be strengthened, the other side will take care of itself.
...slow down and self-edit and ask yourself the three things you must always ask yourself before you say anything: "Does this need to be said?" "Does this need to be said by me?" "Does this need to be said by me now?"
If the investor doesn't have enough time and skill to investigate individual stocks or enough money to diversify a portfolio, the right thing to do is to invest in exchange-traded funds that give you exposure to asset classes. It does make sense for the individual investor to think in terms of holding individual asset classes.
The cause of Christ does not need less working, but it does need among the workers, more praying.
Suppose you were a real estate investor with a 1/3 interest in the best apartment complex in town, the best mall, and the best office building. Would you feel like a poor, undiversified investor? No! But as soon as you get into stocks, people feel this way. Partly, people need to justify their fees.
Remember also that it is not knowledge but the yearning for knowledge that makes for a complete, accomplished man. Such a man does not stand still but perseveres in the face of adversity, nor does he remain untouched by the pain cause by absence. On the contrary, he recognizes himself in each cry, uttered or repressed, in the smallest rift, in the most pressing need.
Do you, good people, believe that Adam and Eve were created in the Garden of Eden and that they were forbidden to eat from the tree of knowledge? I do. The church has always been afraid of that tree. It still is afraid of knowledge. Some of you say religion makes people happy. So does laughing gas. So does whiskey. I believe in the brain of man.
The ordinary American voter does not object to mediocrity. He likes his candidate to be sensible, vigorous, and, above all, what he calls 'magnetic,' and does not value, because he sees no need for, originality or profundity, a fine culture or a wide knowledge.
Is Ahab, Ahab? Is it I, God, or who, that lifts this arm? But if the great sun move not of himself; but is an errand-boy in heaven; nor one single star can revolve, but by some invisible power; how then can this one small heart beat; this one small brain think thoughts; unless God does that beating, does that thinking, does that living, and not I.
If two people have a couple of kids, somebody does have to take care of the kids. Somebody does have to cook dinner; somebody does have to do garbage duty. We need to take some time and give some thought, without being angry, to just thinking about what these new structures are going to look like.
The big message is that we need to reimagine and re-engineer how we work - what does work mean and how do we measure what's good? The second thing we need to reimagine is our relationships - who does what and why? One of the biggest things that has helped me and my husband is coming up with a common set of standards about what it takes to run our house, what is a fair way to divide tasks, and how are we going to keep each other accountable?
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