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The Remains of the Day

by Kazuo Ishiguro (Goodreads Author)

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May 07, 2023 03:24AM

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Book cover for The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy by Stephanie Kelton

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If you’re not already doing so, you should probably sit down. Are you ready? Your taxes don’t actually pay for anything, at least not at the federal level. The government doesn’t need our money. We need their money. We’ve got the whole ...more

orgil’s Quotes

“In the last 20 years the “profitable reinvestment” theory has been gaining ground. The better the past record of growth, the readier investors and speculators have become to accept a low-pay-out policy. So much is this true that in many cases of growth favorites the dividend rate—or even the absence of any dividend—has seemed to have virtually no effect on the market price.”
― Benjamin Graham, The Intelligent Investor

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“Know what you are doing—know your business.” For the investor this means: Do not try to make “business profits” out of securities”
― Benjamin Graham, The Intelligent Investor

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“I don’t think you can ever know for certain. But I do know that my life is better when I work from the assumption that everyone is doing the best they can.”
― Brené Brown, Dare to Lead: Brave Work. Tough Conversations. Whole Hearts.

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“Do not let anyone else run your business, unless (1) you can supervise his performance with adequate care and comprehension or (2) you have unusually strong reasons for placing implicit confidence in his integrity and ability.”
― Benjamin Graham, The Intelligent Investor

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“Besides a cool name and a hot stock, what did Red Hat’s investors get? Over the nine months ending November 30, the company produced $13 million in revenues, on which it ran a net loss of $9 million.13 Red Hat’s business was barely bigger than a street-corner delicatessen—and a lot less lucrative. But traders, inflamed by the words “software” and “Internet,” drove the total value of Red Hat’s shares to $21.3 billion by December 9.”
― Benjamin Graham, The Intelligent Investor

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