Quotes About Market

The United States is the only advanced country that permits the pharmaceutical industry to charge exactly what the market will bear, whatever it wants.

A normal way that the American free market system has worked is that we have a process of unwinding. It's called bankruptcy. It doesn't mean, necessarily, that the industry is eclipsed or that it's gone. Often times, the phoenix rises out of the ashes.

All things can be done by every company in the world. Apple builds a phone, and so does Samsung. It's not about being different but about being better at what you do.

There are good things I see on Samsung phones that I wish were in my iPhone. I wish Apple would use them and could use them, and I don't know if Samsung would stop us.

In 2007, I was living in San Francisco. I came out of business school, and I was very keen on doing something with a small company. I felt that the market, in general, in mobile phones was just going to explode.

The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government.

I think the music business is probably not happy with what we've done, because the people buying the record have actually got to pick what they want to buy, rather than being told what they should buy.

And since discriminating fans can pick and choose exactly what they want to buy, artists and their labels are more conscious than they've ever been of making sure that every song on a new album is as good as can be.

No one was interested in picking up a midlist series, even though I have a decent fanbase and respectable numbers.

People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.

When entrepreneurs are free to compete, they grow the pie so that everyone's share gets larger.

There were never as many big businesses as people were piling money into in the late 90's or early 2000's. This is really a lesson to institutional investors about how much capital the market can absorb, and it's a 10-year adjustment cycle, and we're only beginning to wake up to that.

Britain, however, has ended up specializing in the ones you don't see as much of: defense aerospace, making drive shafts for cars, pills and drugs, designing chips that go into 94 percent of the world's mobile phones.

One thing I love about the beauty industry is that there are so many entrepreneurs, so much creativity, such a fun pipeline of products.

I don't care if Facebook's valuation goes to one gillion. It can go so high we have to make up numbers. It is still not a bubble because there is still not another Facebook in the pipeline.

Piracy has destroyed the domestic market.

I love collecting market stuff in Mexico. I have an etagere built onto the wall of my living room, which has cubicles that are lit and filled with super inexpensive pottery. You see them in a new way; they become museum pieces.

It's no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies' managements.

Wall Street has become a veritable casino.

For decades, Wall Street has charged companies a standard fee of 7 percent to sell their shares to the public.

I like Burton Malkiel's 'A Random Walk Down Wall Street.' He comes to the same conclusion that I do - that indexing is the way. My 'Little Book of Common Sense Investing' says pretty much the same thing.

One of the greatest technicians of all time was a man named W. D. Gann (1878-1955). He had tremendous success predicting market moves much in advance. Legend has it that he occasionally sent notes to 'The Wall Street Journal', which accurately predicted tops and bottoms in grain markets months ahead of time.

Wall Street, in the main, hates uncertainty, which manifests itself in depressed share prices of companies whose prospects lack 'visibility.' But where the market can err is in confusing uncertainty with risk.

What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast.