A Quote by Greg Fitzsimmons
I don't like to change things too much. I think pretty hard about things before I jump in, and once I do, I feel, 'All right, I don't want to waste the energy of buying, selling this, going on Consumer Reports, test driving, buying, selling a house.' I feel life is to be lived.
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With a profession such as investing, people see the 'doing' as the buying and selling. It is difficult to come home from work, and answer your spouse's question, 'what did you do today?' with 'well, I read a lot, and I talked a little.' If you're not buying or selling, you may feel you aren't doing anything.
We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.
The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don't, so we buy. Then people start selling, panic sets in, and we sell too.
Everyone says buying your first apartment makes you feel like an adult. What no one mentions is that selling it turns you right back into a child.
...There is no end to the making and selling of things there is no end to the making and selling of things there is no end... Man, it occurs to me, is a joyful, buying-and-selling piece of work. I have been wrong, dead wrong, when I've decried consumerism. Consumerism is what we are. It is, in a sense, a holy impulse. A human being is someone who joyfully goes in pursuit of things, brings them home, then immediately starts planning how to get more.
So if waiting is an aggravation, it is at least partly because we do not like being reminded of our limits. We like doing -- earning, buying, selling, building, planting, driving, baking -- making things happen, whereas waiting is essentially a matter of being -- stopping, sitting, listening, looking, breathing, wondering, praying. It can feel pretty helpless to wait for someone or something that is not here yet and that will or will not arrive in its own good time, which is not the same thing as our own good time.
Over many generations, fortunes in the business world were made through buying and selling products in physical stores. Internet fortunes have been made buying and selling products online.
Perhaps the most extraordinary characteristic of current America is the attempt to reduce life to buying and selling. Life is not love unless love is sex and bought and sold. Life is not knowledge save knowledge of technique, of science for destruction. Life is not beauty except beauty for sale. Life is not art unless its price is high and it is sold for profit. All life is production for profit, and for what is profit but for buying and selling again?
I talk about things from the perspective of the consumer - mostly because that's what I am. A guy going out and buying things and sharing that experience with the viewer. Nothing should change that, but if it ever does, I'll absolutely make it known.
There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another.
Network marketing is based purely on relationship selling, which is the state of the art in selling today. Small and large companies throughout the country and the world are realizing that individuals selling to their friends and associates is the future of sales, because the critical element in buying is trust.
Never be afraid to ask for too much when selling or offer too little when buying.
When the farmer can sell directly to the consumer, it is a more active process. There's more contact. The consumer can know, who am I buying this from? What's their name? Do they have a face? Is the food they are selling coming out of Mexico with pesticides?
When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.
Buying sports cars, going to expensive nightclubs, spraying people with champagne and things like that - what I learnt is that it wasn't for me, and, in fact, I feel pretty empty after doing that.
When no one's buying your records, it's easy to justify selling a song. But once you start selling records, you can't really justify having two songs in Cadillac commercials. It looks greedy. And it is greedy. This whole music thing should be about music.
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