There may be a recession in stock prices, but not anything in the nature of a crash..
I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
Bell Labs was an astonishing place for many decades, though it fell on somewhat hard times during the telecom meltdown some years ago, as its corporate owner had to cope with shrinking markets.
American business has just forgotten the importance of selling.
First, his job approval ratings have been trending down for many months, a trend that has accelerated in recent weeks as the war on terrorism has been supplanted in the public's mind by corporate scandals, stock market declines, and a growing sense of economic insecurity.
I am the largest market shareholder of clothing in the U.K. and I am not a destination shop for food. If the clothing market is affected - and it has been - and I hold my market share mathematically, then fine, I am doing no worse than the market is doing, which is exactly the case, but I'm losing revenue.
We have some worse scenarios for which we need to prepare as companies. For the moment, we're planning for the worst, and the worst is now, and the car market is down more than 15 percent in France. There is so much uncertainty.
When you see a merger between two giants in a declining industry, it can look like the financial version of a couple having a baby to save a marriage.
We do see significant signs of a slowdown, in the economy worldwide.
There will be no repetition of the break yesterday …. I have no fear of another comparable decline.
There was. President Hoover and his aids were not the only ones to underplay the stock market crash of 1929.
Entering 2015, the coal industry clearly continues to face significant challenges.
The investor has a right to expect good results to flow from a consistent and courageous application of the principle of buying after the market has declined substantially and selling after it has had a spectacular rise. But he cannot expect to reduce this principle to a simple and foolproof formula, with profits guaranteed and no anxious periods.
The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job.
One the other hand, the publishing trend is ghastly, isn't it? Two hundred and something distributors are now down to 10 or 12? And what's the recruiting drive?
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.
Market leaders inevitably slip into decline when they tell the people what they want instead of giving the people what they want.
I don't know if you heard the news, but Wall Street now is a farmer's market. I don't want to say things are going downhill quickly, but Obama's new campaign slogan is 'Are you better off than you were four days ago?'
Like a bank run, a decline in stock prices creates its own momentum.
Size will hurt returns. Look at Berkshire Hathaway - the last five things Warren has done have generated returns that are splendid by historical standards, but now give him $100 billion in assets and measure outcomes across all of it, it doesn't look so good. We can only buy big positions, and the only time we can get big positions is during a horrible period of decline or stasis. That really doesn't happen very often.
In the 1987 stock market crash, according to the conclusions of the official Brady report, colossal sales of stock index futures by so-called portfolio insurers - whose investment strategies depended entirely on these derivatives - greatly exacerbated the 500-point market decline.
A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A market can and does often cease to be a bull market long before prices generally begin to break.
If the television market collapses - and it will collapse - then, it seems, there is too much regulation, and that's not a good thing.
While farmers' markets are booming in cities, actual rural market towns are in decline.
The housing market will get worse before it gets better.
By March '87 we're down to seven thousand, by the end of the year we're down to twelve hundred. The whole bottom just fell out of the market. It was bad for me because I was in Australia at the time.