A Quote by Wallace D. Wattles
Give every man more in use value than you take from him in cash value; then you are adding to the life of the world by every business transaction
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You cannot give everyone more in cash market value than you take from him, but you can give him more in use value than the cash value of the thing you take from him.
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.
Always deliver more in 'perceived value' than you take in cash value.
Try not to become a man of success, but a man of value. Look around at how people want to get more out of life than they put in. A man of value will give more than he receives. Be creative, but make sure that what you create is not a curse for mankind.
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
Never lose a holy curiosity. Try not to become a man of success but rather try to become a man of value. He is considered successful in our day who gets more out of life than he puts in. But a man of value will give more than he receives.
Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.
The question was, in a sense, at Princeton Review, how much value was I adding as a public company CEO. I was adding less than other people might've... I think you want to move on when you've given your best work and then feel that you're not going to add as much value moving forward.
Your true value is determined by how much more you give in value than you take in payment.
You can't own a human being. You can't lose what you don't own. Suppose you did own him. Could you really love somebody who was absolutely nobody without you? You really want somebody like that? Somebody who falls apart when you walk out the door? You don't, do you? And neither does he. You're turning over your whole life to him. Your whole life, girl. And if it means so little to you that you can just give it away, hand it to him, then why should it mean any more to him? He can't value you more than you value yourself.
Intentional living is the bridge to significance. At the end of every year, I take time out to reflect and evaluate the events of the previous year - what went well and what needed improvement. From that inventory, I lay out my next year - how I intend to live, make the best use of time and maximize adding value to others. Success asks, 'How can I add value to myself?' Significance asks, 'How can I add value to others?' It is your intention that lends itself to significance.
Life is short, and therefore, one thing being certain, death, let us take up a great ideal, and give up the whole life to it. For what is the value of life, this vegetating little low life of man? Subordinating it to one high ideal is the only value that life has.
Taiwan must find its own way. We have been emphasizing too much the manufacturing business. We have to become more high-tech, more innovative, and provide more value. We can't always insist on the value of low-cost production. We have to invest more in R&D to get high-value business.
Once a man recognizes himself as a being surrounded by other beings in this world and begins to respect his life and take it to the highest value, he becomes a thinking being. Then he values other lives and experiences them as part of his own life. With that, his goal is to help everyone take their life to the highest value; anything which limits or destroys a life is evil. That is morality. That is how men are related to the world around them.
As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value.
Take control of who you report to, what you do, what you create. Or start a business on the side. Deliver some value, any value, to anybody, to somebody, and watch that value compound into a career.
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