Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
Warren BuffettIf you donโt feel comfortable making a rough estimate of the assetโs future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isnโt necessary; you only need to understand the actions you undertake.
Warren BuffettToo often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.
Warren Buffett