Share this sentence
— Jeremy Grantham"Profit margins are probably the most mean-reverting series in finance, and if profit margins do not mean-revert, then something has gone badly wrong with capitalism. If high profits do not attract competition, there is something wrong with the system and it is not functioning properly."
Related information
Discover more quotes
Previous Quote
People assume Wall Street is a certain culture and tech is a certain culture. But if you look at the (gender) numbers at the top of (those) industries, they don't vary very much. I think in finance, women hold 19 percent of the top jobs, and women are 21 percent of the leaders in nonprofits.
— Sheryl Sandberg
Next Quote
I'm so naive about finances. Once when my mother mentioned an amount and I realized I didn't understand, she had to explain: 'That's like three Mercedes.' Then I understood.
— Brooke Shields
Loading recommended content...