Buy less. Choose well. Make it last. Quality, not quantity. Everybody's buying far too many clothesI mean, I know I'm lucky, I can just take things and borrow them and I'm just okay, but I hate having too many clothes. And I think that poor people should be even more careful. It doesn't mean therefore you have to just buy anything cheap. Instead of buying six things, buy one thing that you really like. Don't keep buying just for the sake of it.
Sometimes I wonder: What are the children thinking? And sometimes I wonder why the hell I'm not buying a tree like the other neighbors. After all, there is no mention in Christianity of Christmas trees, and even if there were - is there any good reason why I shouldn't be buying some red stockings?
When you are buying companies, everyone in the company feels very good. Their chests are puffed out. At Blackstone, I used to tell people that there is nothing more fun than buying a company with somebody else's money. The business is growing, which creates more opportunity for your employees.
On the one hand, we're constantly told about recycling and cutting back, and on the other hand we have to buy the next gadget that comes along three weeks after the last one you bought. It's absolutely insane. We've been suckered into buying and buying and upgrading and upgrading. We're being given two very different mantras at the moment, I think.
In just 200 tweets we can assess and identify 52 different personality traits of a customer. We ran an analysis over 500,000 people and we really nailed this. Think of providing this powerful insight to a retailer. We can see what they value, not just what they are buying. We have found a 40-45% increase in sales when you recommend upsales based on values instead of past buying behavior.
Common hedging techniques include shorting stocks, buying put options, writing call options, and various types of leverage and paired transactions. While I do reserve the right to use these tools if and when appropriate, my firm opinion is that the best hedge is buying an appropriately safe and cheap stock.
Volatility is a symptom that people have no idea of the underlying value-that they have stopped playing the asset game. They're not buying because it's a company with certain attributes. They're buying because the price is rising. People are playing games not related to any concept at all of what the long-term value of the enterprise is. And they know it.
Fine things in wood are important, not only aesthetically, as oddities or rarities, but because we are becoming aware of the fact that much of our life is spent buying and discarding, and buying again, things that are not good. Some of us long to have at least something, somewhere, which will give us harmony and a sense of durability""I won't say permanence, but durability""things that, through the years, become more and more beautiful, things we can leave to our children.
Every thing, even the so-called timesaving device and energy-efficient machine, comes these days with an elaborate set of instructions for its care and feeding. Buying a machine has become more and more like buying a pet. ... We are time-crunched. Not just by the number of things we have to do, but the number of things we have. In the late twentieth century, things have become our new dependents.
Learn how to cook! That's the way to save money. You don't save it buying hamburger helpers, and prepared foods; you save it by buying fresh foods in season or in large supply, when they are cheapest and usually best, and you prepare them from scratch at home. Why pay for someone else's work, when if you know how to do it, you can save all that money for yourself?
There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another.
Many of life's decisions are hard. What kind of career should you pursue? Does your ailing mother need to be put in a nursing home? You and your spouse already have two kids; should you have a third?such decisions are hard for a number of reasons. For one the stakes are high. There's also a great deal of uncertainty involved. Above all, decisions like these are rare, which means you don't get much practice making them. You've probably gotten good at buying groceries, since you do it so often, but buying your first house is another thing entirely.
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
Ludwig von Mises
It shouldn't be the consumer's responsibility to figure out what's cruel and what's kind, what's environmentally destructive and what's sustainable. Cruel and destructive food products should be illegal. We don't need the option of buying children's toys made with lead paint, or aerosols with chlorofluorocarbons, or medicines with unlabeled side effects. And we don't need the option of buying factory-farmed animals.
Jonathan Safran Foer
What I really love about them... is the fact that they contain someone's personal history... I find myself wondering about their lives. I can never look at a garment... without thinking about the woman who owned it. How old was she? Did she work? Was she married? Was she happy?... I look at these exquisite shoes, and I imagine the woman who owned them rising out of them or kissing someone... I look at a little hat like this, I lift up the veil, and I try to imagine the face beneath it... When you buy a piece of vintage clothing you're not just buying the fabric and thread - you're buying a piece of someone's past.
People nowadays interchange gifts and favors out of friendship, but buying and selling is considered absolutely inconsistent with the mutual benevolence which should prevail between citizens and the sense of community of interest which supports our social system. According to our ideas, buying and selling is essentially anti-social in all its tendencies. It is an education in self-seeking at the expense of others, and no society whose citizens are trained in such a school can possibly rise above a very low grade of civilization
We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.
The investor is neither smart not richer when he buys in an advancing market and the market continues to rise. That is true even when he cashes in a goodly profit, unless either (a) he is definitely through with buying stocks an unlikely story or (b) he is determined to reinvest only at considerably lower levels. In a continuous program no market profit is fully realized until the later reinvestment has actually taken place, and the true measure of the trading profit is the difference between the previous selling level and the new buying level.
[D]on't ever apologize to an author for buying something in paperback, or taking it out from a library (that's what they're there for. Use your library). Don't apologize to this author for buying books second hand, or getting them from bookcrossing or borrowing a friend's copy. What's important to me is that people read the books and enjoy them, and that, at some point in there, the book was bought by someone. And that people who like things, tell other people. The most important thing is that people read...
Feeling prosperous means paying your utility bills on time and with a smile on your face. Prosperity means not only giving to the homeless person, but having a smile on your face when you do it. Prosperity also means buying fresh produce with a smile on your face instead of buying day-old bread or bargain overripe fruit with a scowl on your face. Still more, being prosperous means tipping generously with a smile on your face when the waiter has given you great service instead of trying to stiff him with a mere percent, or worse, no tip at all.
Ernie J Zelinski
Perhaps the most extraordinary characteristic of current America is the attempt to reduce life to buying and selling. Life is not love unless love is sex and bought and sold. Life is not knowledge save knowledge of technique, of science for destruction. Life is not beauty except beauty for sale. Life is not art unless its price is high and it is sold for profit. All life is production for profit, and for what is profit but for buying and selling again?
W. E. B. Du Bois
1. Stop blaming China We taught them how to do what they are doing 2. Take responsibility - purchase consciously, purchase less, don't go for lowest possible price 3. Follow good business ethics, it's a two way street 4. Create global partnerships in a global village, create a true Win-Win situation with your supplier, consider the supplier a partner (what a concept!) 5. End the Price Pressure: Boycott Walmart & Club-buying stores, not China. Stop buying what you don't need!
Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.