Second Quotes - page 13
The investor has the benefit of the stock market's daily and changing appraisal of his holdings, 'for whatever that appraisal may be worth', and, second, that the investor is able to increase or decrease his investment at the market's daily figure - 'if he chooses'. Thus the existence of a quoted market gives the investor certain options which he does not have if his security is unquoted. But it does not impose the current quotation on an investor who prefers to take his idea of value from some other source.
Benjamin Graham
There isn't any room,” said Joshua. "You travel back along the line of time and you don't find the past, but another world, another bracket of consciousness. The earth would be the same, you see, or almost the same. Same trees, same rivers, same hills, but it wouldn't be the world we know. Because it has lived a different life, it has developed differently. The second back of us is not the second back of us at all, but another second, a totally separate sector of time. We live in the same second all the time. We move along within the bracket of that second, that tiny bit of time that has been allotted to our particular world.
Clifford D. Simak
Foremost is the principle that the purpose of consumer research is to understand the customer's needs and wishes, and thus design product and service that will provide better living for him in the future. A second principle is that no one can guess the future loss of business from a dissatisfied customer...
W. Edwards Deming
I venture to claim two qualifications for the great office which I hold, which to my mind, without making invidious distinctions, is one of the most important that can be held by any Englishman; and those qualifications are that in the first place I believe in the British Empire, and in the second place I believe in the British race. I believe that the British race is the greatest of the governing races that the world has ever seen.
Joseph Chamberlain
