Quotes About Depreciation

The wit of man," said Democratic Congressman George Pendleton of Ohio, "has never discovered a means by which paper currency can be kept at par value, except by its speedy, cheap, certain convertibility into gold and silver." If this bill passed, "prices will be inflated . . . incomes will depreciate; the savings of the poor will vanish; the hoardings of the widow will melt away; bonds, mortgages, and notes—everything of fixed value—will lose their value.

Without this, your life is incomplete." Automobile commercials are particularly amusing in their overemphasis on these messages. They present ownership of their particular car as some sort of euphoric experience. In reality, we all know that cars are terrible investments that depreciate faster than anything else, and that when we purchase a new one, we spend most of our mental energy worrying that it will be stolen or damaged in the local mall parking lot.

operating earnings plus depreciation and amortization less normalized capital expenditures—was adequate to cover both interest and modest reductions in debt.

Furthermore, we do not think so-called EBITDA (earnings before interest, taxes, depreciation and amortization) is a meaningful measure of performance. Managements that dismiss the importance of depreciation - and emphasize cash flow or EBITDA - are apt to make faulty decisions, and you should keep that in mind as you make your own investment decisions

denigrating

It's very odd...that some values should have this peculiarity of shrinking. You never hear of values in a picture shrinking; but rents, stocks, real estate--all those values shrink abominably.

But going against the mkt., everything is turned on its head: the more a stock is depreciated, the larger the profit, and vice versa.

Someone who undervalues himself eventually will blame others for his depreciation.

A major way that losses are generated in real estate ventures is through depreciation, which is supposed to reflect the way that assets lose value over time. But a well-maintained building typically gains value.

Accuracy is, in every case, advantageous to beauty, and just reasoning to delicate sentiment. In vain would we exalt the one by depreciating the other.

Actually, if my business was legitimate, I would deduct a substantial percentage for depreciation of my body.

Most Americans cannot save more than $6,000 a year from depreciating real estate. That's all they can write off against their salary or business profits.

If you buy a $28,000 car, in four years it will be worth about 11,000 bucks.

Secondhand experience breaks down a block from the car lot.

lower tacit-knowledge depreciation when we have less work-in-progress, resulting in higher quality.

Each year, a portion of the original cost of an asset is written off as an expense, and that change is noted as an adjusting entry. Determining

Many small businesses use what is called a modified cash-basis accounting method. These businesses record most transactions when cash is exchanged, but account for certain transactions, such as the purchase and use of equipment, over time using a method called depreciation.

I shop at a computer store called 'Your Crap's Already Obsolete'.

Housing traditionally is not viewed as a great investment. It takes maintenance; it depreciates. It goes out of style. All of those are problems. And there's technical progress in housing. So, new ones are better. So, why was it considered an investment? That was a fad.

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

What is thus improperly regarded as profit, instead of as part of capital, is consumed by the entrepreneur or passed on either to the consumer in the form of price-reductions that would not otherwise have been made or to the labourer in the form of higher wages, and the government proceeds to tax it as income or profits. In any case, consumption of capital results from the fact that monetary depreciation falsifies capital accounting.

Where the currency depreciation is a result of government inflation carried out by the issue of notes, it is possible to avert its disastrous effect on economic calculation by conducting all bookkeeping in a stable money instead. But so far as the depreciation is a depreciation of gold, the world money, there is no such easy way out.

Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult.

Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy.