![Using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.](/assets/img/quote-photos/using-a-stocks-volatility-as-a-measure-of-risk-is-nuts-risk-to-us-is-1-the-r.jpg)
Related Quotes
loss love possible
Sean: Real loss is only possible when you love something more than you love yourself. H. Hunt
losses retrace
Obviously, we are not going to see some substantial gains, but I think we will be able to retrace some of these losses by the end of the week.
loss
Obviously, this is a disappointing loss for us,
loss ideas decision
Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss. Ludwig von Mises
loss mourn south team time
We had a very disappointing loss (to South Carolina) and it will be very interesting to see how our team handles it. In this league, you don't have time to mourn a loss. Kevin Stallings
loss play giving
When I play, I'm boiling inside. I just try not to show it because it's a lack of composure, and if you give in to your emotions after one loss, you're liable to have three or four in a row. Chris Evert
loss winning clouds
Losses are always a relief. They take a burden off me, make me feel more normal. If I win several tournaments in a row I get so confident I'm in a cloud. If I lose I go back to the dressing room and I'm no better nor worse than anyone else. A loss gets me eager again.
loss sight honor
When you see no present advantage, walk by faith and not by sight. Do God the honor to trust Him when it comes to matters of loss for the sake of principle. Charles Spurgeon
loss justice people
We said that a single injustice, a single crime, a single illegality, particularly if it is officially recorded, confirmed, a single wrong to humanity, a single wrong to justice and to right, particularly if it is universally, legally, nationally, commodiously accepted, that a single crime shatters and is sufficient to shatter the whole social pact, the whole social contract, that a single legal crime, a single dishonorable act will bring about the loss of ones honor, the dishonor of a whole people. It is a touch of gangrene that corrupts the entire body. Charles Peguy
years want packs
If you want to be around in 10 years you've got to do something to differentiate yourself from the pack. Chris Evans
years soul rewards
If we had to preach to thousands year after year, and never rescued but one soul, that one soul would be a full reward for all our labour, for a soul is of countless price.
years giving generosity
In all of my years of service to my Lord, I have discovered a truth that has never failed and has never been compromised. That truth is that it is beyond the realm of possibilities that one has the ability to out-give God. Even if I give the whole of my worth to Him, He will find a way to give back to me much more than I gave.
years murmuring praying
Ten minutes praying is better than a year's murmuring.
years play otters
All of us involved say 'The Dick Van Dyke Show' was the best five years of our lives. We were like otters at play. Dick Van Dyke
years radio captains
I wanted to be Stan Laurel, then I wanted to be Fred Astaire and then Captain Kangaroo. I actually started out as a radio announcer when I was 17 and never left the business, so that's literally 70 years.
years touching psychologist
After ten years in therapy, my psychologist told me something very touching, he said, “no hablo ingles.” Dennis Wolfberg
years linux research
Unix has retarded OS research by 10 years and linux has retarded it by 20. Dennis Ritchie
years civilization worry
Some of us worry about a resurgent Islam and its attendant complications for a decayed Western civilization; some of us worry about global warming. In twenty years' time, one of us will be proved right . . . Dennis Prager
nuts trying santa
I was in the Pritikin Center in Santa Monica once, trying to lose 30 or 40 pounds in a month. I'd work... on a treadmill and with the weights, but it was driving me nuts. So I escaped. Tom Arnold picked me up and we went to Le Dome and had tons of desserts. Chris Farley
nuts play ties
I was a 'Laurel and Hardy' nut. I got to know Laurel at the end of his life, and it was a great thrill for me. He left me his bow tie and derby and told me that if they ever made a movie about him, he'd want me to play him.
nuts want sometimes
Sometimes I just want to lick David Lee Roth in the nuts Eddie Van Halen
nuts madmen
I am not a madman or a nut. Abdul Qadeer Khan
nuts procedures witness
The F.B.I. is about nuts and bolts. It's all about witnesses and procedure and walking the streets. Aaron Eckhart
nuts years one-time
Christmas: the one time of year when you can’t avoid the nuts in your family muesli. Charles Stross
nuts wife imagine
It drives me nuts how I rely on my wife for everything. I can't imagine a day without her! Akshay Kumar
nuts want economic
I want to get down to the nuts and bolts of what is actually going to change to lift New Zealands economic performance. David Cunliffe
nuts marketing sugar
The reason it's called "Grape Nuts" is that it contains "dextrose," which is also sometimes called "grape sugar," and also because "Grape Nuts" is catchier, in terms of marketing, than "A Cross Between Gerbil Food and Gravel," which is what it tastes like. Dave Barry