A Quote by Warren Buffett
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
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Here's how I see obesity: as a symptom. The larger problem is over-consumption. In a society that identifies consumption with patriotism, valorizes 'growth' above all else and assigns status according to how much you consume, we compete with each other to see who can consume the most.
But now isn’t simply now. Now is also a cold reminder: one whole day later than yesterday, one year later than last year. Every now is labeled with its date, rendering all past nows obsolete, until — later of sooner — perhaps — no, not perhaps — quite certainly: it will come.
What worries some people about consumption (and I confess at the outset to be one of these ambivalent creatures, fat but troubled in paradise) is that the affluent, technologically advanced West seems more and more focused not on consuming to live but living to consume. The problem with consumption, and the consumer capitalism that has pushed it to feverish historical extremes, is that it has become so all-consuming.
Purchasing power is a license to purchase power. The old proletariat sold its labour power in order to subsist; what little leisure time it had was passed pleasantly enough in conversations, arguments, drinking, making love, wandering, celebrating and rioting. The new proletarian sells his labour power in order to consume. When he’s not flogging himself to death to get promoted in the labour hierarchy, he’s being persuaded to buy himself objects to distinguish himself in the social hierarchy. The ideology of consumption becomes the consumption of ideology.
The line it is drawn The curse it is cast The slow one now Will later be fast As the present now Will later be past The new order is Rapidly fadin'. And the first one now Will later be last For the times they are a-changin'.
What a country wants to make it richer is never consumption, but production. Where there is the latter, we may be sure that there is no want of the former. To produce, implies that the producer de_sires to consume; why else should he give himself useless labor? He may not wish to consume what he himself produces, but his motive for producing and selling is the desire to buy. Therefore, if the producers generally produce and sell more and more, they certainly also buy more and more.
There is massive propaganda for everyone to consume. Consumption is good for profits and consumption is good for the political establishment.
Mindful consumption is the object of this precept. We are what we consume. If we look deeply into the items that we consume every day, we will come to know our own nature very well. We have to eat, drink, consume, but if we do it unmindfully, we may destroy our bodies and our consciousness, showing ingratitude toward our ancestors, our parents, and future generations.
The psychology of the saver and the psychology of the investor is very closely connected with Keynes' distinction between risk and uncertainty. When the future is uncertain, he thought that a lot of saving would be directed towards securing, securing more, getting more security in the present, rather than building wealth in the future, which was the classical view, you save in order to invest, in order to consume more later on. What he had called the propensity to hoard or liquidity preference would normally be stronger than the inducement to invest.
It's hard for me to accept the argument that millennials are not watching TV. I'm not one to believe that our culture of TV consumption is changing dramatically. It's just how we consume and where we consume it that's changing.
The situation the Earth is in today has been created by unmindful production and unmindful consumption. We consume to forget our worries and our anxieties. Tranquilising ourselves with over-consumption is not the way.
Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.
All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock.
Investing in rail is an easy way to reduce congestion, cost, and energy consumption and make our producers more competitive.
Maybe you think you’ll be entitled to more happiness later by forgoing all of it now, but it doesn’t work that way. Happiness takes as much practice as unhappiness does. It’s by living that you live more. By waiting you wait more. Every waiting day makes your life a little less. Every lonely day makes you a little smaller. Every day you put off your life makes you less capable of living it.
Valentines Day is being marketed as a Date Movie. I think its more of a First-Date Movie. If your date likes it, do not date that person again. And if you like it, there may not be a second date.
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