
“Buy a business, don’t rent stocks.”
In a panel discussion after the premier of the 2008 documentary I.O.U.S.A.. Panel at the Premier, 0:05:42ff., DVD extras, I.O.U.S.A. (2008)
“Buy a business, don’t rent stocks.”
“What you buy is what you own, and sooner or later what you own will come back to you.”
Pet Sematary (1983)
Source: It
“Buy into a company because you want to own it, not because you want the stock to go up.”
Interview in Forbes magazine (1 November 1974)
Context: Draw a circle around the businesses you understand and then eliminate those that fail to qualify on the basis of value, good management and limited exposure to hard times. … Buy into a company because you want to own it, not because you want the stock to go up. … People have been successful investors because they've stuck with successful companies. Sooner or later the market mirrors the business.
Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XVII, Digression, p. 159
“One runs a business ultimately to do well so you can do good for everyone.”
Source: Doing Virtuous Business (Thomas Nelson, 2011), p. 102.
“In the old days, they put idiots in the village stocks. Now we put them on the Today programme.”
John Prescott, Evening Standard, Wednesday 7 August 2013, p. 16
About
Source: The Big Sleep (1939), Chapter 1
Context: The main hallway of the Sternwood place was two stories high. Over the entrance doors, which would have let in a troop of Indian elephants, there was a broad stained-glass panel showing a knight in dark armor rescuing a lady who was tied to a tree and didn't have any clothes on but some very long and convenient hair. The knight had pushed the vizor of his helmet back to be sociable, and he was fiddling with the knots on the ropes that tied the lady to the tree and not getting anywhere. I stood there and thought that if I lived in the house, I would sooner or later have to climb up there and help him. He didn't seem to be really trying.
Part 2, Chapter 7, Companies, Owners, and Profit, p. 91
Economics For Everyone (2008)