A Quote by Thomas Rowe Price, Jr.
Change is the investor's only certainty.
Related Quotes
For investor confidence, it is important that there is certainty about the future of Ireland in E.U.
A liberal knows that the only certainty in this life is change but believes that the change can be directed toward a constructive end.
With the only certainty in our daily existence being change, and a rate of change growing always faster in a kind of technological leapfrog game, speed helps people think they are catching up.
If you're a technology investor, and you decide that you're also going to be a healthcare investor or a green-tech investor, that doesn't usually work out that well. There are reasons why people make their careers studying these things and becoming experts.
Life is ever evolving. The only certainty is change.
People have a need for certainty - and that need for certainty is in every human being, certainty that you can avoid pain, certainty that you can at least be comfortable. It's a survival instinct.
The strategy of buying what's in favor is a fool's errand, ensuring long-term underperformance. Only by standing against the prevailing winds - selectively, but resolutely - can an investor prosper over time. But for a while, a value investor typically underperforms.
Tolerance grows only when faith loses certainty; certainty is murderous.
While denial leads to certainty, it is only the certainty of death. This is true for individuals and also for civilizations.
The value of the security analyst to the investor depends largely on the investor's own attitude. If the investor asks the analyst the right questions, he is likely to get the right or at least valuable answers.
Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change.
In what concerns divine things, belief is not appropriate. Only certainty will do. Anything less than certainty is unworthy of God.
The very desire to be certain,to be secure,is the beginning of bondage.It's only when the mind is not caught in the net of certainty,and is not seeking certainty, that it is in a state of discovery.
First, the only certainty is that there is no certainty. Second, every decision, as a consequence, is a matter of weighing probabilities. Third, despite uncertainty we must decide and we must act. And lastly, we need to judge decisions not only on the results, but on how they were made.
I am truly an angel investor and I'am not a passive investor.As a passive investor, I am awful because I can not put funding into a company and leave it to other people.
Look at the chaos of European history. Europeans cannot believe in certainty. But Americans believe in certainty. Americans think this can go on like this forever. Just as it is. No change.
