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Democracy doesn't require a whole lot of work of its citizens, but it requires some: It requires taking a good look outside once in a while, and considering the bad news and what it might mean, and making the occasional tough choice, and soberly taking stock of what your real interests are.
Matt Taibbi
Work
Good
News
Democracy
Tough
Once
Considering
Bad
Citizens
Some
Bad News
Outside
Taking
Look
Occasional
Making
Real
Lot
Stock
While
Mean
Might
Choice
Interests
Require
Requires
Your
Whole
An interesting thing happened in 1989, right as I was graduating: the stock market crashed and really changed the landscape of the art world in New York. It made the kind of work I was doing interesting to galleries that wouldn't have normally been interested in it.
Matthew Barney
Work
Art
World
Made
Changed
Market
Kind
New
Doing
Been
Stock
Art World
Stock Market
Normally
York
Graduating
New York
Happened
Crashed
Interested
Interesting
Galleries
Interesting Thing
Really
Landscape
Right
Thing
At drama school, I was told, 'Lay off the chips, or you'll never play Juliet.' Sometimes, in the stock room of the set of 'Dinnerladies,' I'd put away three or four Mars bars while waiting for a scene. Then, at 24, I lost five stone.
Maxine Peake
You
Waiting
Sometimes
School
Three
Lost
Drama
Drama School
Mars
Scene
Lay
Never
Put
Off
Juliet
Stock
Five
Stone
While
Room
Chips
Then
Bars
Away
Play
Four
Set
Common hedging techniques include shorting stocks, buying put options, writing call options, and various types of leverage and paired transactions. While I do reserve the right to use these tools if and when appropriate, my firm opinion is that the best hedge is buying an appropriately safe and cheap stock.
Michael Burry
Best
Writing
Tools
Types
Appropriate
Various
Cheap
Put
Firm
Safe
Call
Opinion
Stock
Stocks
Options
Common
Transactions
While
Hedge
Use
Include
Reserve
Right
Techniques
Leverage
Buying
It is a tenet of my investment style that, on the subject of common stock investment, maximizing the upside means first and foremost minimizing the downside. The deleterious effect of permanent capital loss on portfolio returns cannot be overstated.
Michael Burry
First
Style
Investment
Returns
Permanent
Loss
Subject
Foremost
Effect
Overstated
Stock
Maximizing
Common
Upside
Cannot
Capital
Means
Downside
Portfolio
In essence, the stock market represents three separate categories of business.They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value.
Michael Burry
Inflation
Value
Three
Market
Approximately
Those
Adjusted
Intrinsic
Steadily
Categories
Stock
Stock Market
Essence
Stable
Represents
Separate
Growing
Shrinking
When I was a boy in the late 1950s, the public library refused to stock books by Edgar Rice Burroughs. They were regarded as vulgar, ill-written potboilers.
Michael Dirda
Library
Late
Books
Edgar
Vulgar
Boy
Were
Stock
Refused
Regarded
Public
Rice
Public Library
I come from a tough stock.
Michael Douglas
Tough
Come
Stock
I am probably not alone in sensing above me the huge corporations and monstrous banks, science, politics and technologies, spy satellites and stock markets, military systems and massive wealth - forces and dynamics I don't understand or can hardly imagine.
Michael Leunig
Politics
Alone
Me
Science
Wealth
Military
Monstrous
Corporations
Markets
Systems
Above
Massive
Forces
Understand
Am
Huge
Spy
Stock
Banks
Dynamics
Sensing
Satellites
Hardly
Technologies
Imagine
My grandmother raised five children during the Depression by herself. At 50, she threw her sewing machine into the back of a pickup truck and drove from North Dakota to California. She was a real survivor, so that's my stock. That's how I want my kids to be too.
Michelle Pfeiffer
Depression
Pickup
Too
Herself
Back
Machine
Kids
Sewing
Threw
Truck
Drove
California
She
How
Real
Stock
Five
North
Survivor
North Dakota
Children
Want
Grandmother
Her
Dakota
Raised
There's going to be no compromise on repealing Obamacare lock, stock and barrel.
Mike Pence
Lock
Obamacare
Compromise
Repealing
Stock
Going
Barrel
The stock knows that I bought it, and it decides, 'Mohnish is done. Now let's go down.'
Mohnish Pabrai
Down
Bought
Knows
Go
Stock
Done
Decide
Now
When you take stock, there are so many more choices and points of view that are necessary.
Nahnatchka Khan
You
More
Take
Points
Stock
Choices
View
Many
Necessary
Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans if you think it's a good time to invest in stocks, except it goes the opposite direction of what you would expect. When the markets going up, it in fact makes it more prone toward decline.
Nate Silver
Time
Good
You
Better
Will
Good Time
Think
Market
Markets
Would
Prone
Direction
More
Fact
Except
Invest
Toward
Well
Makes
How
Opposite
Opposite Direction
Up
Historically
Stock
Stock Market
Expect
Stocks
American
Goes
Going
Just
Poll
In Fact
Decline
Ask
Actually
The techniques of being an Internet visionary are just like those of lower-tech fortunetellers through the ages. A technological visionary must tell people what they want to hear, because your company's stock won't rise if you spout an unpopular vision to analysts.
Nathan Myhrvold
You
People
Vision
Internet
Analyst
Those
Visionary
Tell
Must
Unpopular
Rise
Through
Like
Because
Hear
Stock
Just
Being
Want
Ages
Your
Company
Techniques
Technological
Making money from enforcing patents is no more wrong than investing in preferred stock.
Nathan Myhrvold
Money
More
Investing
Wrong
Making
Making Money
Stock
Than
Patents
Preferred
Enforcing
Taking stock of what you own, when done correctly and thoroughly, helps dampen the urge to shop frivolously.
Nina Garcia
You
Own
Thoroughly
Correctly
Taking
Stock
Shop
Done
Urge
Helps
If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.
Nouriel Roubini
Time
Food
You
Financial
Worry
Indeed
Guns
About
Armageddon
Stock
Bunker
Gold
Canned
Your
Bars
Ammunition
We were like a stock company at Warners. We didn't know any of the stars from the other studios.
Olivia De Havilland
Stars
Other
Studios
Like
Know
Were
Stock
Any
Company
I stopped asking myself questions like what the value of my stock was and started asking more fundamental questions of life and death.
Omar Amanat
Life
Death
Myself
Value
Life And Death
More
Like
Questions
Stock
Stopped
Asking
Fundamental
Fundamental Questions
Started
We don't want A.I. to engage in cyberbullying, stock manipulation, or terrorist threats; we don't want the F.B.I. to release A.I. systems that entrap people into committing crimes. We don't want autonomous vehicles that drive through red lights, or worse, A.I. weapons that violate international treaties.
Oren Etzioni
People
Drive
Crimes
Worse
Release
Systems
Weapons
Threats
Through
Vehicles
Red
Lights
Terrorist
Stock
Committing
Want
Autonomous
Manipulation
Engage
Cyberbullying
International
Violate
Treaties
I tried paying at a restaurant with stock options. It didn't work.
Parker Conrad
Work
Tried
Restaurant
Stock
Options
Paying
Well, actually, I manage a couple of stock portfolios or funds or whatever you want to call 'em, and I think I've done relatively well with them.
Pat Robertson
You
Whatever
Think
Relatively
Couple
Well
Call
Stock
Manage
Done
Want
Them
Portfolio
Actually
Funds
That feeling in the dressing room after you win - nothing comes close to that. You can't get that in any other career. Maybe in the stock market back in the '80s when people were making tons of money, maybe they felt something similar. Maybe. But look at the market now. Nothing gives you that emotion like sports. Nothing. Am I wrong?
Paul Coffey
You
Sports
People
Money
Win
Feeling
Nothing
Other
Back
Market
Dressing
Dressing Room
Similar
Something
Gives
Emotion
Wrong
Like
Look
Felt
Making
Am
Were
Stock
Stock Market
Close
Get
Any
Maybe
After
Room
Now
Career
Tons
It is indeed true that the stock market can forecast the business cycle.
Paul Samuelson
Business
Market
Indeed
True
Forecast
Stock
Stock Market
Cycle
'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.
Paul Singer
Time
Money
Wealth
Political
Burden
Drive
Become
Own
Other
Consider
Our
Our Time
Entire
Both
Bother
Prices
Put
Leaders
Policies
Print
Print Money
Inequality
Political Leaders
Up
Stock
Bankers
Which
Central
Disparity
Europe
Even
Income
Asset
Actually
Bond
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