"It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment."
Opportunity quotes
Opportunity
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Opportunity quotes (page 30 of 396)
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"Expect the best; convert problems into opportunities; be dissatisfied with the status quo; focus on where you want to go, instead of where you're coming from; and most importantly, decide to be happy, knowing it's an attitude, a habit gained from daily practice, and not a result or payoff."
"This is all for Naieya (daughter), man. I will be a champion one day, I promised that to her.....And now that I have this opportunity I can't let her down."
"Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine."
"there are all kinds of wonderful new inventions that give you nothing as owners except the opportunity to spend a lot more money in a business that's still going to be lousy. The money still won't come to you. All of the advantages from great improvements are going to flow through to the customers."
"We're guessing at our future opportunity cost. Warrenis guessing that he'll have the opportunity to put capital out at high rates of return, so he's not willing to put it out at less than 10% now. But if we knew interest rates would stay at 1%, we'd change. Our hurdles reflect our estimate of future opportunity costs."
"A lot of opportunities in life tend to last a short while, due to some temporary inefficiency... For each of us, really good investment opportunities aren't going to come along too often and won't last too long, so you've got to be ready to act and have a prepared mind."
"With a public library card in your hand, you have access to the Internet and a world of opportunities."
"Bringing together the right information with the right people will dramatically improve a company's ability to develop and act on strategic business opportunities."
"The fastest way for you to succeed is by piggy-backing on the good advice and counsel of men and women who have already spent years leaning how to succeed. When you do this on a regular and systematic basis, you will open up doors of opportunity and possibilities for you that today you cannot even imagine."
"Love is hard to offend and quick to forgive. How easily do you get irritated and offended? Some people live by the motto, “Never pass up an opportunity to get upset with your spouse.” When something goes wrong, they quickly take full advantage of it by expressing how hurt or frustrated they are. But this is the opposite reaction of love."
"The opportunities, income, schools facilities, the basic income support that the government provides or any of these things .. public transport arrangements we have.. all these are part of the way our lives and freedoms are effected."
"The witch-hunt was a perverse manifestation of the panic which set in among all classes when the balance began to turn toward greater individual freedom. The witch-hunt was not, however, a mere repression. It was also, and as importantly, a long overdue opportunity for everyone so inclined to express publicly his guilt and sins, under the cover of accusations against the victims."
"The opportunities and threats existing in any situation always exceed the resources needed to exploit the opportunities or avoid the threats. Thus, strategy is essentially a problem of allocating resources. If strategy is to be successful, it must allocate superior resources against a decisive opportunity."
"America is another name for opportunity."
"I see my life as an unfolding set of opportunities to awaken."
"I look at how we got beat and I thought the hustle points and the energy points were all gauged through offensive rebounds. I thought in the second half they got so many second-chance opportunities they could really run. It just seemed like they were going up our guys' backs. When you don't get any offensive rebounds and they start going the other team's way, it's almost like a snowball effect."
"A modern factory reaches perhaps almost the limit of horror. Everybody in it is constantly harassed and kept on edge by the interference of extraneous wills while the soul is left in cold desolate misery. What man needs is silence and warmth; what he is given is an icy pandemonium. Physical labor may be painful, but it is not degrading as such. It is not art; it is not science; it is something else, possessing an exactly equal value with art and science, for it provides an equal opportunity to reach the impersonal stage of attention."
"Opportunity is the best captain of all endeavor."
"Each generation goes further than the generation preceding it because it stands on the shoulders of that generation. You will have opportunities beyond anything we've ever known."