A Quote by Jonathan Galassi
The price of an e-book is a lot less than the price that we're charging for a hardcover book. It's about the same as we charge for a paperback. And that means a different revenue stream.
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I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time.
Richard Price got a million dollar advance on one fake film book based on a paragraph outline and is able to seduce gullible White reviewers who know less about ghetto life than he. The New York Times has devoted more space to Price's tourist, ghetto writing than to any Black writer in history.
I've come to think of Europe as a hardcover book, America as the paperback version.
The share price must be less than book value. Preferably it will be less than net working capital less long term debt.
This was an age before e-books. We all knew that the only way you can allow a book to survive in print in the long term is in paperback. The hardback has a certain life, and then it stops having that. It stops selling, and if you want the book to just stay around there has to be a paperback edition. So if there were not a paperback edition the book would eventually disappear from the shelves, and we would have lost the battle.
The royalty any author gets is dependent on his track record and marketability and often on the price of his book, too. The higher you price a book, the more comfortable your publisher will be in paying you a higher royalty.
The paperback is very interesting but I find it will never replace the hardcover book - it makes a very poor doorstop.
This paperback is very interesting, but I find it will never replace a hardcover book - it makes a very poor doorstop.
A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking.
The first book I wrote was The Bride Price which was a romantic book, but my husband burnt the book when he saw it. I was the typical African woman, I'd done this privately, I wanted him to look at it, approve it and he said he wouldn't read it.
Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."
I would have never wanted to write another management book. There are so many of them, and everybody says the same thing about them, and they are all the same - they give the exact same advice. It's like a diet book; they all say eat less calories, exercise more, and every single book has the same conclusion.
The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.
Today you can buy the Dialogues of Plato for less than you would spend on a fifth of whiskey, or Gibbon's Decline and Fall of the Roman Empire for the price of a cheap shirt. You can buy a fair beginning of an education in any bookstore with a good stock of paperback books for less than you would spend on a week's supply of gasoline.
If you really want something , you can have it if you're willing to pay the price. And the price means you have to work better and harder than the next guy.
The price of doing the same old thing is far higher than the price of change.
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