Entry-level jobs are excellent opportunities to educate young women about the realities of the financial world and can prepare them for the next move up within the firm or another area of the financial industry.
I like the idea of using all this science and technology to allow our clients to have a deeper insight into the market.
There are a lot of jobs in the financial industry that do need a math major.
You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions, and things that really allow us to blend the best of technology and the human brain.
New markets could be created by rural potentials, which could lead to rise in employment.
In the short run, the market is a voting machine but in the long run, it is a weighing machine.
Buy when most people, including experts, are pessimistic, and sell when they are actively optimistic.
The best values today are often found in the stocks that were once hot and have since gone cold.
By developing your discipline and courage, you can refuse to let other people’s mood swings govern your financial destiny. In the end, how your investments behave is much less important than how you behave.
The investment world nevertheless has enough liars, cheaters, and thieves to keep Satan’s check-in clerks frantically busy for decades to come.
Before you place your financial future in the hands of an adviser, it’s imperative that you find someone who not only makes you comfortable but whose honesty is beyond reproach.
If the reason people invest is to make money, then in seeking advice they are asking others to tell them how to make money. That idea has some element of naïveté.
If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume.
While a trend shown in the past is a fact, a “future trend” is only an assumption.
Abnormally good or abnormally bad conditions do not last forever.
Astute observers of corporate balance sheets are often the first to see business deterioration.
We must recognize, however, that intrinsic value is an elusive concept.
Since the profits that companies can earn are finite, the price that investors should be willing to pay for stocks must also be finite.
The work of a financial analyst falls somewhere in the middle between that of a mathematician and of an orator.
Principle for the securities analyst: Nearly every issue might conceivably be cheap in one price range and dear in another.