Source: "A general equilibrium approach to monetary theory" (1969), p. 21 as cited in: Sılvio Rendon, "Non-Tobin’s q in Tests for Financial Constraints," 2009
“[Hedge fund investment] is likely behind the very different behavior you are seeing in companies like HP and Apple this decade. A severe lack of new products or compelling offerings, but a lot of increases in dividends, stock buybacks, layoffs, plant closings, executive departures and divestitures. These firms aren't investing in the future they are constantly trying to assure their stock is propped up and the value increases.”
Is the end of the U.S. tech market upon us? http://cio.com/article/3075957/it-industry/is-the-end-of-the-u-s-tech-market-upon-us.html in CIO (27 May 2016)
Help us to complete the source, original and additional information
Rob Enderle 48
American financial analyst 1954Related quotes
“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. 177.
Running Money (2004) First Edition
Context: 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.
Source: 1962, Address and Question and Answer Period at the Economic Club of New York
Source: Economics Of The Welfare State (Fourth Edition), Chapter 13, School Education, p. 297-298
As quoted in Biography Today : Profiles of People of Interest to Young Readers, Vol. 12, Issue 2 : Laura Bush by Joanne Mattern (2003), p. 34
Source: Adventures of a White-Collar Man. 1941, p. 103
"Economist Says Best Climate Fix A Tough Sell, But Worth It." http://www.npr.org/2014/02/11/271537401/economist-says-best-climate-fix-a-tough-sell-but-worth-it National Public Radio. February 11, 2014.
Source: The Four Pillars of Investing (2002), Chapter 8, Behavioral Therapy, p. 187.