A Quote by Sam Walton
Some families sell their stocks off a little bit at a time to live high, and then - boom - somebody takes them over, and it all goes down the drain.
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
I think you always take away a little bit of a character with you, and it kinda like hangs on you for a bit, and then as time kind of goes and wears off a little bit.
When it comes to selling stocks, it is plain that nobody can sell unless somebody wants those stocks.If you operate on a large scale you will have to bear that in mind all the time.
Typically there are little fragments of specific words and images swimming around in my mind, and then at some point, I'll sit down with the guitar and everything will fall into place. It's like your brain is a drain with a bunch of words and images dropping into it, swirling around. The drain is stopped up, but you can feel these things dropping into it. Then at some point, someone comes along and pulls the plug out of the drain and everything comes together in the song.
People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.
You can't expect perfection. It is important to sort of acknowledge some of our imperfections. I write them down. There's something about acknowledging mistakes and being able to put them down on paper; they become facts of your life that you must live with. And then, hopefully, you can navigate the road a little bit better.
The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.
I think the Australian men and American men are quite different. I feel like Australian men might be a little bit more laid back and a little bit cool whereas American guys are sort of 'boom, boom, boom.
Last night I thought about all the kerosene I've used in the past ten years. And I thought about books. And for the first time I realized that a man was behind each one of the books. A man had to think them up. A man had to take a long time to put them down on paper. And I'd never even thought that thought before...It took some man a lifetime maybe to put some of his thoughts down, looking around at the world and life, and then I come along in two minutes and boom! it's all over.
I burned down my dorm room freshman year. I was that kid. When you live in small quarters with two guys, the smell in the room starts to take over a little bit. So we decided we wanted our room to smell like fresh baked cookies. So we order a cookie-dough-scented candle off eBay, and then we accidentally burn our room down with that candle.
I go back to things all the time. It's really nice, too, like when I'm going through some kind of a writer's block, and I'm feeling uninspired, I go to some of my oldest songs from over the years and sift through them, and one thing that's very nice is to see how I've grown up a little bit. A little bit.
If we got there and we looked up and we said, "You know what? Black folks are still doing a little bit worse off than whites, but it's not like it was 20 years ago," then we can have a discussion about how do we get that last little bit. But that's a high-class problem to have.
In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the bunker of bonds and cash until stocks again become cheap enough to buy.
Being producer you're still going to have to sell somebody who's going to give you the money on the idea and everything like that. But it does give you a little bit more control if you're thinking in that creative process; it gives you more control to tell the story you want to tell rather than sort of just reading a script that somebody else wrote and says, "Yes, please, you can hire me for this job." So it's a little bit more hands-on, a little bit more closer to the heart.
I had a few stocks, but stocks took a dive. I never sell my stocks.
If I had more recreation time I would be able to step back and reflect on how life has changed. But it has been like a constant... boom, boom, boom, boom, boom!
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