A Quote by Roman Abramovich
Investors have very short memories
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Any new producer starting up is to get investors' confidence. Investors are still very very wary of anything to do with the arts world.
They were very short, the golden years. The golden years are when you can sit back, hopefully, and exchange memories. And that's the worst part about this disease. There's nobody to exchange memories with.
Keep memories of insult on a short leash, and memories of blessing on a long one.
The company has been clear from the start that we try to serve customers long-term, and long-term investors are going to be more excited about Amazon than short-term investors.
I mean, these good folks are revolutionizing how businesses conduct their business. And, like them, I am very optimistic about our position in the world and about its influence on the United States. We're concerned about the short-term economic news, but long-term I'm optimistic. And so, I hope investors, you know - secondly, I hope investors hold investments for periods of time - that I've always found the best investments are those that you salt away based on economics.
There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments.
To me, that's where memories are very interesting because what happens when we start losing memories? What happens when you can't take your memories with you? Who are we without our memories, without our past?
I still believe that for good business analysts a concentrated portfolio is a good strategy combined with a long term horizon. Once again, the secret to success in following the formula strategy is patience, a quality in short supply for both professionals and individual investors alike. I think investors should have a large portion of their assets in equities over time.
You know, episodic TV directing is a very long and arduous job. You have very short schedules, short short shooting days, and you have to get lot of pages done.
This is Joe Hart we're talking about. People have very, very short memories. This is a guy who has won the league with Manchester City, has won the Golden Gloves I don't know how many times, and has 80 caps for England, so people have got to remember what and who he is and treat him with more respect.
Short-term performance envy causes many of the shortcomings that lock most investors into a perpetual cycle of underachievement. Watch your competitors not out of jealousy but out of respect and focus your efforts not on replicating others' portfolios but on looking for opportunities where they are not. The only way for investors to significantly outperform is to periodically stand far apart from the crowd, something few are willing, or able, to do.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.
Sometimes I would be very upset because my memories are very murky from my childhood, but there are certain emotional memories or emotional truths that are painful, and things that I know to be the case and I had to nail them down, and that was difficult.
I have the most evil memories of Spain, but I have very few bad memories of Spaniards.
Mortality is, in reality, a very, very short period. It is literally a snap of the fingers compared to an eternity. It is so short that we can do it. We can prevail. Why, you can stand your foot in a vise for a while if you know it's going to be released soon. Yes, earthly probation is short compared to eternity, but so very much is riding on how we handle the trials and temptations of the flesh.
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