Amity Shlaes Quotes

Many gold and silver experts will recommend you buy numismatic coins - rare and old coins. If you are not a rare coin expert, I'd encourage you to stay away from them. New investors often pay too much for rare coins that are not really rare.

When we took Netscape public, if people wanted to invest in the web, that was the only stock that they could do it by investing in. So Netscape's market value was higher than it probably otherwise would have been if there were lots of other ways to play that theme.

I think most CEOs think their stock is undervalued, probably.

If we want the best pitcher, let's get Bobby Feller. If want the best football player, let's get Jimmy Brown; the best basketball player, let's get Bill Russell. If we want the guy who can do the best job for the United States - let's get Donald Trump.

I even don't dare to watch our stock price, because this is what other people think who you are. I dare not watch it. I think, let the market take care of themselves; we should take care of the business.

One of the finest statesmen of the present time is also a first-class scout, and that is Mr. Roosevelt, the late President of the United States of America.

I ask for personal appearance fees because I've earned them. I deserve them. My presence at events is what they need, so they ought to pay for it.

The strange rejection of the expert is mind boggling to me. When we're told that the worst word in politics is 'elite,' I have to wonder whom else are we supposed to be rooting for if not the most qualified and smart and informed people?

The stock market clearly values companies that can deliver disruptive innovation.

I don't know that there has ever been a time when Abraham Lincoln didn't stand head-and-shoulders above all other presidents in the historians' eye. But relatively speaking, there have been peaks and a troughs. One peak was in the 1910s-20s; a major trough was in the 1970s-80s. We are certainly on a peak again, something which began in 1994 with Michael Burlingame's 'The Inner World of Abraham Lincoln,' which showed in fabulous detail how many new and untapped sources were available on Lincoln.

An intelligent person hires people who are more intelligent than he is.

Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values

In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.

I think Barack Obama is gonna go down as the worst president ever, frankly. I used to say that about Jimmy Carter but I think he's gonna be surpassed.

If Richard Nixon was second-rate, what in the world is third-rate?

I'm not sure that the current value of the NASDAQ is justified, but I'm not sure that it isn't.

Coolidge's stat was so low; he's ranked in the bottom half of presidents. What I found when I encountered this man was the leader I might like to see today.

President Obama is an extraordinary person to work with and for.

But no matter how many times we re-rank the presidents, in another 200 years, the top presidents will still be Washington and Lincoln and Jefferson, because they defined what a president is. They are the idea, and you can't be better than the idea.

I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.

If I owned any of these Hot New Issues that have doubled, tripled, quintupled or umptupled within days and in some cases hours after they were issued, I most certainly would grab my fabulous windfall, thank my lucky stars and invest the money. It's utter nonsense to think any newly issued stock is really worth two, ten or 20 times the [offering] price.... A management so stupid as to sell shares [cheap], and an underwriter so obtuse as not to discern the real value, together would provide reason enough for a sensible man to get rid of his shares.

Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.

I feel the choices our president Barack Obama is making now are safer and better.

An investor calculates what a stock is worth, based on the value of its businesses.

We have had good and bad Presidents, and it is a consoling reflection that the American Nation possesses such elements of prosperity that the bad Presidents cannot destroy it, and have been able to do no more than slightly to retard the public's advancement.