Apple has some tremendous assets, but I believe without some attention, the company could, could, could - I'm searching for the right word - could, could die.
The mother is the one supreme asset of national life; she is more important by far than the successful statesman, or business man, or artist, or scientist.
The one person who most blocks you from a full, happy, and successful life is you. They are therefore wise who make themselves an asset. We can be our own worst enemies or best friends. We can be a source of trouble or a cure for trouble. So if you feel empty, as many do, start by getting free from yourself as a first stop to vibrant living.
They have passed the big inheritance tax, and that gets you when you are gone. You used to could die and be able to beat taxes, but not now. The undertaker don't go over your body as carefully as the assessor does your accumilated assets, and he gets his before the undertaker. They have it on these big fortunes now where they pay as high as 60 to 70 percent of what they leave. That's mighty expensive dying when it runs into money like that, and you won't see 'em dropping off as casually as they have been.
The establishment of the National Park Service is justified by considerations of good administration, of the value of natural beauty as a National asset, and of the effectiveness of outdoor life and recreation in the production of good citizenship.
One of my biggest assets is my ability to focus on something and go out and get it, but it's one of my biggest weaknesses too.
How do I define a work of art? It is not an asset in the stock-exchange sense, but a man's timid attempt to repeat the miracle that the simplest peasant girl is capable of at any time, that of magically producing life out of nothing.
Dreams are one of your greatest natural therapies, and one of your most effective assets as connectors between the interior and exterior universes.
People are our greatest asset .
In today’s work arena, creativity may be more of an asset than competence.
Some of my competitors overlook the importance of knowing as much as possible about their opponents, but I think that it is an invaluable asset that I have gained from working.
If you do not give 110% in your life, I promise your life will haunt you for the rest of your days. Time is the most valuable asset on Earth, a depreciating asset, don’t waste another moment of life where you are not at your fullest potential getting the most out of the time you have in life.
I think it’s unfair that people can’t give assets to whoever they want. When I die, my assets can go to my wife. And a gay person — you ought to have a system where maybe you can just say, ‘You can give your assets to anybody you want.’
The runner's greatest asset, apart from essential fitness of body, is a cool and calculating brain allied to confidence and courage.
My weakness, that is, my quadriplegia, is my greatest asset because it forces me into the arms of Christ every single morning when I get up.
Human resources are the most valuable assets the world has. They are all needed desperately.
The drug war isn't what purports to be. If you look at the whole operation and the tie-in between the American intelligence agencies, these so-called "assets", the spies on the payroll of the CIA, and drug dealers. Don't let members of Congress and the media get away with this complacency and distortion!
A trustee has a responsibility to guard the assets of others with a higher degree of care than he does his own.
In a world that is deepening its mutual interdependence, inward-focused thinking is no longer able to safeguard the peace of Japan. We will fully defend the lives and assets of our nationals as well as our territory, territorial waters, and territorial airspace in a resolute manner.
Property rights can improve a woman's ability to stand up to violence in the home. You might think education and employment are important because they give women exit options, but property is as well. Give women equal property rights to inherited land, then they have an asset they can take out of the marriage. This gives husbands strong incentives to not beat them.
Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.
Beware leverage in all its forms. Borrowers - individual, corporate, or government - should always match fund their liabilities against the duration of their assets. Borrowers must always remember that capital markets can be extremely fickle, and that it is never safe to assume a maturing loan can be rolled over. Even if you are unleveraged, the leverage employed by others can drive dramatic price and valuation swings; sudden unavailability of leverage in the economy may trigger an economic downturn.
Black-Scholes works for short-term options, but if it's a long-term option and you think you know something [about the underlying asset], it's insane to use Black-Scholes.
Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks.
In every analysis you need to isolate what the real assets are and you must not forget to examine the franchise to do business, to review the character and competence of the management and to estimate the outcome if the whole business had to be turned into cash.
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