A Quote by Clayton M. Christensen

I helped start a ceramics company called CPS Technologies. We took it public in 1987 at $12 a share. Three months later, there was this horrible cliff: Black Monday. Fidelity had bought 15 percent of our stock, and their algorithm caused them to dump it all onto the market that day. We dropped from $12 to $2.

Clayton M. Christensen

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Algorithm Black Bought Caused Ceramics Cliff Company Day Dropped Dump Fidelity Had Helped Horrible Later Market Monday Months Onto Our Percent Public Share Start Stock Technologies Them Three Three Months Took

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Clayton M. Christensen
American - Author
Born: April 6, 1952

Whenever I see a stock market explode, six to 12 months later you are in a full blown recovery.

Stanley Druckenmiller

Our people get profit-sharing checks. I got a report the other day that says that 84 percent of our people participate in our stock purchase program, where they can buy stock at a 15 percent discount.

David Neeleman

In the 1987 stock market crash, according to the conclusions of the official Brady report, colossal sales of stock index futures by so-called portfolio insurers - whose investment strategies depended entirely on these derivatives - greatly exacerbated the 500-point market decline.

Carol Loomis

John W. Snow was paid more than $50 million in salary, bonus and stock in his nearly 12 years as chairman of the CSX Corporation, the railroad company. During that period, the company's profits fell, and its stock rose a bit more than half as much as that of the average big company.

Alex Berenson

I expect my return to be 18 to 25 percent in 1988, while the Standard & Poor's 500 should rise 8 to 12 percent and OTC stocks gain 15 percent as liquidity emerges.

Louis Navellier

When I became director of CIA, it was just clear to me intuitively, without a whole lot of science behind it, that we had expanded rapidly and inefficiently. So I arbitrarily picked a number, 10 percent, and I said over the next 12 months, we are going to reduce our reliance on contractors by 10 percent.

Michael Hayden

Insider trading is hard to prove. To be convicted, a person must have bought or sold a stock based on material information that is both unknown to the general public and likely to have had an important effect on a company's stock price.

Alex Berenson

My father had a country store and then later, when I was 10 or 12, sold it and bought a farm equipment dealership in nearby Camden.

Jeff Sessions

Sometimes sugarcane takes about 15 months to grow, and hence it is inappropriate to ask farmers to pay their crop loans in 12 months.

Sharad Pawar

I wrote my first song at 12 and remember someone asking, 'What were you going through at 12 that you could write about?' I get what you're saying, but 11, 12, 13 were the hardest years of my life. You learn everything. You learn how horrible things feel.

Billie Eilish

My own service started when I was 12, with the small charity I launched with 12 friends. Twenty years later, millions have joined our ranks - educators, business leaders and prominent Canadians.

Craig Kielburger

I'm actually more German than Scottish. I'm half-Japanese, 25 percent German, 12 percent Scottish, and 12 percent Irish.

Kimiko Glenn

There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage.

Warren Buffett

Illinois has less than a 12 percent black population and I won with 55 percent of the vote.

Carol Moseley Braun

When you buy enough stocks to give you control of a target company, that's called mergers and acquisitions or corporate raiding. Hedge funds have been doing this, as well as corporate financial managers. With borrowed money you can take over or raid a foreign company too. So, you're having a monopolistic consolidation process that's pushed up the market, because in order to buy a company or arrange a merger, you have to offer more than the going stock-market price. You have to convince existing holders of a stock to sell out to you by paying them more than they'd otherwise get.

Michael Hudson

Most of us look forward to the start of a new year as a clean slate. We reflect on the past 12 months, take stock of where we are, and make new resolutions about how to improve in the coming year.

Mazie Hirono

A Quote by Clayton M. Christensen

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