Nothing is to be rated higher than the value of the day.
Black-Scholes is a know-nothing system. If you know nothing about value - only price - then Black-Scholes is a pretty good guess at what a 90-day option might be worth. But the minute you get into longer periods of time, it's crazy to get into Black-Scholes. For example, at Costco we issued stock options with strike prices of $30 and $60, and Black-Scholes valued the $60 ones higher. This is insane.
Liberty is only valued when it is threatened, therefore it is the threat that highlights the value. We should be grateful to the Nadir, since they heighten the value of our liberty.
We should not be ashamed to acknowledge truth from whatever source it comes to us, even if it is brought to us by former generations and foreign peoples. For him who seeks the truth there is nothing of higher value than truth itself.
Products are valued higher than services.
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).
In the steel-and-glass society that we live in, the value system would be that the lawyer, with the Mercedes and the fine suit and the Ivy League education, was more valued than the minority without the education. But on the island, the rules are changed. It's the person who can make a fire or who can make friends. A kind human soul is valued.
Nothing's greater in life to see somebody who doesn't have start to value who they are and, as soon as they feel valued, they can change this world too.
Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
Readers should aspire to what is excellent. They should refuse to read a substitute Bible. They should want a Bible that calls them to their higher selves - or to something higher than their current level of attainment.
Work efficiently during office hours and leave on time. Give the required time to your family, friends & have proper rest. Value has a value only if its value is valued.
To a value investor, investments come in three varieties: undervalued at one price, fairly valued at another price, and overvalued at still some higher price. The goal is to buy the first, avoid the second, and sell the third.
I think it is valuable and should be valued by its consumers. Charging for content forces discipline on journalists: they must produce things that people actually value.
It may happen in the next hundred years that the English novelists of the present day will come to be valued as we now value the artists and craftsmen of the late eighteenth century.
Nothing will teach you more about perceived value than taking something with literally no value and selling it in the auction format. It teaches you the beauty and power of presentation, and how you can make magic out of nothing.
It is, perhaps, better to be valued as an object of passion than never to be valued at all.