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There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage.
Warren BuffettIf I wish to wrest an advantage from the enemy, I must not fix my mind on that alone, but allow for the possibility of the enemy also doing some harm to me... If I wish to extricate myself from a dangerous position, I must consider not only the enemy's ability to injure me, but also my own ability to gain an advantage over the enemy.
Du MuThere must always be some advantage on one side or the other, and it is better that advantage should be had by talents than by chance.
Samuel JohnsonIf a country is taking advantage of America, not going to let that happen anymore. Every country takes advantage of us almost. I may be able to find a couple that don't. But for the most part, that would be a very tough job for me to do.
Donald TrumpThere's no question that increased formal credentials can give you an advantage. The question is, is it the best advantage you can buy with the amount of money and time you're going to spend?
Michael EllsbergThe number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.
Charlie MungerI believe the Negro blood counts, and counts to my advantage โ though it has caused me at times a life of great humiliation and sorrow.
Henry Ossawa TannerThe secret to living in the rush of the world with a minimum of pain is to get as many people as possible to string along with your delusions; the trick to living alone up here, away from all agitating entanglements, allurements, and expectations, apart especially from one's own intensity, is to organize the silence, to think of its mountaintop plenitude as capital, silence as wealth exponentially increasing. The encircling silence as your chosen source of advantage and your only intimate.
Philip RothI believe that the position of the friends of peace is strengthening. The friends of peace are able to work in the open. They base themselves upon the force of public opinion. They have at their disposal such instruments as, for instance, the League of Nations. This is to the advantage of the friends of peace.
Joseph StalinFor some reason when I decide to pursue something, I never have any fear that it won't happen. I think it's just ingrained in my brain. Which I guess is a great advantage.
Kelly BlatzI was a magnet for people who want to take advantage of people like me, who think they're part of this life but they're not.
Marc AlmondExtemporaneous and oral harangues will always have this advantage over those that are read from a in manuscript: every burst of eloquence or spark of genius they may contain, however studied they may have been beforehand, will appear to the audience to be the effect of the sudden inspiration of talent.
Charles Caleb ColtonIn action, the English have the advantage enjoyed by free men always entitled to free discussion: of having a ready judgment on every question. We Germans, on the other hand, are always thinking. We think so much that we never form a judgment.
Heinrich HeineUltimately, each transnational firm strives for its own advantage, and is supported in that effort by the state power wherein it resides, or at least where its main shareholders are domiciled.
Herbert SchillerTrue merit does not depend on the times or on fashion. Those who have no other advantage than courtly manners lose it when they are away from court. But good sense, knowledge, and wisdom make their possessors knowledgeable and beloved in all ages and in all times.
Madeleine de Souvre, marquise de SableAs an amateur, you may envy the professional, wishing you could combine business with pleasure into a kind of full-time hobby, using professional equipment and facilities. However, the professional knows that much of the hidden advantage of being amateur is the freedom you have to shoot what and when you like.
Michael LangfordGolf is a game, and talk and discussion is all to the interests of the game. Anything that keeps the game alive and prevents us being bored with it is an advantage. Anything that makes us think about it, talk about it, and dream about it is all to the good and prevents the game becoming dead.
Alister MacKenzieIn the days of peace every precaution should be taken to insure that there are no forces making for war. Just as we now forbid the trafficking in certain drugs, in the sale of poisons, just as we forbid the making of any imprint that suggests a coin or currency, just as experience has demonstrated that men may not make profit out of certain things because of the danger of abuse, so in the gravest of all dangers laws should be passed taking from those who might gain from war or preparations for war every hope that advantage could come to them by such a calamity.
Frederic C. HoweI've tried Botox, I've tried them all. I'm definitely not one of those people who says, 'You shouldn't do this.' Everyone can individually do what they want. For all time women have wanted to, for the most part, look their best. It's just that what we have available to us today is what it is today and if you want to take advantage of it, yeah.
Kylie MinogueAn enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent.
Gary HamelMr. Market's job is to provide you with prices; your job is to decide whether it is to your advantage to act on them. You no not have to trade with hime just because he constantly begs you to.
Benjamin GrahamEve had one advantage over all the rest of her sex. In his wildest moments of rage Adam never could accuse her of being 'just like her mother!
Helen Rowlandprotected businesses never, never become competitive ... Halliburton, Bechtel, Parsons, KPMG, RTI, Blackwater and all other U.S. corporations that were in Iraq to take advantage of the reconstruction were part of a vast protectionist racket whereby the U.S. government had created their markets with war, barred their competitors from even entering the race, then paid them to do the work, while guaranteeing them a profit to boot - all at taxpayer expense.
Naomi KleinWe must be courteous to a man as we are to a picture, which we are willing to give the advantage of a good light.
Ralph Waldo EmersonFerguson argued that British involvement in World War I was unnecessary, far too costly in lives and money for any advantage gained, and a Pyrrhic victory that in many ways contributed to the end of the Empire.
David HarsanyiWhat has patriotism come to be but greed and false pride, when the only way it can show itself is by shedding blood to gain gold? More economic advantage, more territory, more power.
Sylvia ThompsonManagement innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.
Gary HamelNo matter how full a reservoir of maxims one may possess, and no matter how good one's sentiments may be, if one has not taken advantage of every concrete opportunity to act, one's character may remain entirely unaffected for the better.
William JamesI accept the proposition that there has been a significant improvement in underlying productivity growth in the United States, that it is very closely tied to improvements in information and communications technology, and that it is likely to spread around the world. But I resist the new economy label because it seems to encourage a disrespect for the old rules that could seriously undermine our success in taking advantage of the new opportunities.
Laurence MeyerThe great advantage of telling the truth is that one is so much more likely to sound convincing
Susan HowatchTranscendental Meditation is not a religion, it's not against any religion, it's for human beings, no matter what color, what religion, what walk of life. If you're a human being, it will work for you. And you will be very glad you found this technique and took advantage of it.
David LynchOne thing that Americans do at this time also, though, is let's commit ourselves, just everyday American people Joe Six-Pack, hockey moms across the nation I think we need to band together and say, never again. Never will we exploited and taken advantage of again by those who are managing our money and loaning us these dollars.
Sarah PalinYou should not have taken advantage of my sensibility to steal into my affections without my consent.
Alexander HamiltonLearn to self-conquest, persevere thus for a time, and you will perceive very clearly the advantage which you gain from it. As soon you apply yourself to orison, you will at once feel your senses gather themselves together: they seem like bees which return to the hive and there shut themselves up to work at the making of honey. At the first call of the will, they come back more and more quickly. At last, after countless exercises, of this kind, God disposes them to a state of utter rest and of perfect contemplation.
Teresa of AvilaOf course, we can distinguish between males and females; we can also, if we choose, distinguish between different age categories; but any more advanced distinction comes close to pedantry, probably a result of boredom. A creature that is bored elaborates distinctions and hierarchies. According to Hutchinson and Rawlins, the development of systems of hierarchical dominance within animal societies does not correspond to any practical necessity, nor to any selective advantage; it simply constitutes a means of combating the crushing boredom of life in the heart of nature.
Michel HouellebecqI can move around the way I want to. It's a beautiful thing. I don't know how long it'll last, but I'll certainly take advantage of it and try to be part of shifting and shaping the culture and preserving it.
Warryn CampbellOver the past six years [since implementing RIMS] we have added very few additional full-time jobs, but we have brought in $120 million of new business . . . These efficiencies have really given us the ability to take advantage of new opportunities and expand our business.
Don RichardsonRex Tillerson is 's in the business of exploring and finding oil across the globe. You have to go where the oil is at, and the fact that he actually has a relationship with people like Vladimir Putin and others across the globe is something that shouldn't be - we shouldn't be embarrassed by it, it's something that I think could be a huge advantage to the United States.
Reince PriebusFriends never cheat on each other, or take advantage, or lie. Friends do not spy on one another, yet they have no secrets. Friends glory in each other's successes and are downcast by the failures. Friends minister to each other, nurse each other. Friends give to each other, worry about each other, stand always ready to help. Perfect friendship is rarely achieved, but at its height it is an ecstasy.
Stephen AmbroseA good player who loses at chess is genuinely convinced hat he has lost because of a mistake, and he looks for this mistake in the beginning of his game, but forgets that there were also mistakes at ever step in the course of the game, that none of his moves was perfect. The mistake he pays attention to is conspicuous only because his opponent took advantage of it.
Leo Tolstoy