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— John Campbell Shairp"There is perhaps no truer sign that a man is really advancing than that he is learning to forget himself, that he is losing the natural thoughts about self in the thought of One higher than himself, to whose guidance he can commit himself and all men."
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The investor is neither smart not richer when he buys in an advancing market and the market continues to rise. That is true even when he cashes in a goodly profit, unless either (a) he is definitely through with buying stocks an unlikely story or (b) he is determined to reinvest only at considerably lower levels. In a continuous program no market profit is fully realized until the later reinvestment has actually taken place, and the true measure of the trading profit is the difference between the previous selling level and the new buying level.
— Benjamin Graham
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The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool for advancing social and economic policy.
— Joel Bakan
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