A Quote by James B. Stewart
For every Tesla or Uber, there's a Valeant Pharmaceuticals or Theranos - two story stocks that seduced an astounding array of prominent investors and supporters based on stories that did turn out to be too good to be true.
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The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.
Early investors in Uber and Airbnb, though they remain private companies, have valued them at stratospheric multiples based largely on the notion that Uber will transform and dominate local transportation and Airbnb will revolutionize the hotel industry.
I read individual stories a lot in magazines and other places, too, but I really think there's something to be said for reading story collections as collections. That's not true of all story collections, to be honest, but for good ones I think it often is true.
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
When I saw 'Bully' and I was 11 or 12 years old I thought I could do this; I could make movies. Larry Clark's cinematography is very raw. It's also based on a true story. I think a lot of the movies I like are based on true stories.
The Work always leaves you with less of a story.
Who would you be without your story?
You never know until you inquire.
There is no story that is you or that leads to you.
Every story leads away from you.
Turn it around; undo it.
You are what exists before all stories.
You are what remains when the story is understood.
Even the two novels I've written were based on true stories. It's how I'm wired - real life is fascinating and fantastical enough. The kind of journalism I did unpeeled lids from cans otherwise sealed.
My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.
News reports following a natural disaster are almost always dominated by stories of looting and violence, but in many cases such stories turn out to be unfounded speculations based on rumour.
I learned as a really young kid, when my dad was telling me one story and my mom was telling me another that, even as a 5-year-old boy, there was no way that both of these stories are true. Something in the middle is true, and I have to figure out what it is, what the truth is, and I never did quite figure that out.
I look for a good story. Usually the best stories are the ones that are unbelievably true. 'Soul Surfer' is one of those stories.
I've done a number of things based on real people or true stories or based on books, and I'm a great believer that you have to be true to the script.
Stories are people. I'm a story, you're a story ... your father is a story. Our stories go in every direction, but sometimes, if we're lucky, our stories join into one, and for a while, we're less alone.
Humans like stories. Humans need stories. Stories are good. Stories work. Story clarifies and captures the essence of the human spirit. Story, in all its forms—of life, of love, of knowledge—has traced the upward surge of mankind. And story, you mark my words, will be with the last human to draw breath.
[Nikola] Tesla is great! Tesla I actually deal with - I have this thing called the Cop Stopper that deals with Tesla's technology. It's like a Pokémon ball and you push the button.
There is no way that you can read the entire Bible seriously and take every word literally. Contradictions start in the first chapter of Genesis. There are two Creation stories, two stories of the making of Adam and Eve. And that is all right. The Bible is still true.
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