"I've been doing this for years. Never invest in a company with the target price for the stock in the name of the company."
--
Part V, The Next Barrier, Fleece Bank Internet Conference 1999, p. 177Andy Kessler (author)
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The practice of creating chartered joint-stock companies of a modern type seems to have begun at the commencement of the seventeenth century; and the formation of the East India Company is one of the earliest, if not the very earliest, examples. At first, it appears, the 'joint stock' of the company was separately made up for each ship; perhaps for each voyage. But, in the year 1612 the Company made the momentous resolve to have one joint stock for the whole of its affairs, and thus inaugurated a new epoch. The East India Company, or Companies, (for there were two of them), were followed by the Hudson's Bay Company (1670), the existence of which was recognized by statute in 1707, and by the Bank of England and the notorious South Sea Company.
Edward Jenks
"The stock of the greatest company in the world is crap if every investor already thinks it is the greatest company in the world."
Andy (author) Kessler
"You must teach me a small part of what you know," said Dantes, "if only to prevent your growing weary of me. I can well believe that so learned a person as yourself would prefer absolute solitude to being tormented with the company of one as ignorant and uninformed as myself. If you will only agree to my request, I promise you never to mention another word about escaping." The abbe smiled. "Alas, my boy," said he, "human knowledge is confined within very narrow limits; and when I have taught you mathematics, physics, history, and the three or four modern languages with which I am acquainted, you will know as much as I do myself. Now, it will scarcely require two years for me to communicate to you the stock of learning I possess."
"Two years!" exclaimed Dantes; "do you really believe I can acquire all these things in so short a time?"
"Not their application, certainly, but their principles you may; to learn is not to know; there are the learners and the learned. Memory makes the one, philosophy the other."Alexandre Dumas
You remember Thurlow's answer to some one complaining of the injustice of a company. "Why, you never expected justice from a company, did you? they have neither a soul to lose, nor a body to kick."
Sydney Smith
"There goes the dinner-bell, and here comes my aunt to scold me for sitting here at my desk all day, instead of staying with the company: wish the company were - gone."
Anne Bronte
Kessler, Andy (author)
Kettering, Charles
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