A young financial writer once brought ridicule upon himself by stating that a certain company had nothing to commend it except excellent earnings. Well, there are companies whose earnings are excellent but whose stocks I would never recommend. In selecting investments, I attach prime importance to the men behind them. I’d rather buy brains and character than earnings. Earnings can be good one year and poor the next. But if you put your money into securities run by men combining conspicuous brains and unimpeachable character, the likelihood is that the financial results will prove satisfactory. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr0 Mix
That which is useless dies. Animals that fail to serve some useful purpose in the scheme of things slowly but surely become extinct. Let any part of the human body cease to perform its ordained function, and it withers-as when an arm is kept long in a sling. This same decree, that nothing useless is permitted to survive, runs through the mind of the industrial world. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr0 Mix
Are your desires purely selfish? Do your tastes run to a grand home, automobiles, fine clothes, an abundance of amusements, and so forth? If so, look around you at people who have such things in superabundance. Are they any happier, do you think, than you are? Are they any better morally? Are they any stronger physically? Are they better liked by their friends than you are by your friends? … Carnegie said, Millionaires rarely smile. This is substantially true. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr0 Mix
Every historian loves the past or should do. If not, he has mistaken his vocation; but it is a short step from loving the past to regretting that it has ever changed. Conservatism is our greatest trade-risk; and we run psychoanalysts close in the belief that the only “normal” people are those who cause no trouble either to themselves or anybody else. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr0 Mix
I met a keen observer who gave me a tip: ‘If you run across a restaurant where you often see priests eating with priests, or sporting girls with sporting girls, you may be confident that it is good. Those are two classes of people who like to eat well and get their money’s worth.’ Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr0 Mix
