A Quote by Benjamin Graham

The memory of the financial community is proverbially and distressingly short. — © Benjamin Graham
The memory of the financial community is proverbially and distressingly short.
Quite frankly, the financial community has to improve its image. The financial community has to be much more transparent than it is.
If you have a lesion in the hippocampus in both sides, you have short term memory, but you can convert that short term memory into long term memory.
That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.
We have populations now in the West with a very short memory span. One reason for this short memory span is that television over the last fifteen years has seen a big decline in the coverage of the rest of the world.
The financial time frame always has been short-term. Projects with long-term paybacks are cut back, because CEOs and financial managers simply want to take their money and run. That is the financial mentality.
Developing wisdom in community is to constantly learn and relearn that expedience in the short term - whether for efficiency or profitability - can lead to disasters in the long term in financial, ecological, political, social, and spiritual spheres.
The current system is organized around financial values over life values. We need to shift that locus of power down to the community level because the financial markets recognize only money and thereby only financial values.
When comparing human memory and computer memory it is clear that the human version has two distinct disadvantages. Firstly, as indeed I have experienced myself, due to ageing, human memory can exhibit very poor short term recall.
The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.
You need a fantastic memory in this game to remember the great shots and a very short memory to forget the bad ones.
I would like to help out in financial literacy for the Hispanic community and the athletic community.
Memory never recaptures reality. Memory reconstructs. All reconstructions change the original, becoming external frames of reference that inevitably fall short.
If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.
North Carolina is home to some of the largest financial institutions in the country, and a vibrant network of community banks. We're a banking state, and we're proud of that distinction. But we also understand that responsible financial regulation protects consumers and businesses.
There are three side effects of acid: enhanced long-term memory, decreased short-term memory, and I forget the third.
I have a good memory for certain things. And a very short memory for painful things - that's my favorite Martha Stewart quote, by the way.
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