Gem Stock Quotes

How they are all about, these gentlemen In chamberlains' apparel, stocked and laced, Like night around their order's star and gem And growing ever darker, stony-faced, And these, their ladies, fragile, wan, but propped High by their bodice, one hand loosely dropped, Small like its collar, on the toy King-Charles: How they surround each one of these who stopped To read and contemplate the objects d'art, Of which some pieces still are theirs, not ours. Whit exquisite decorum they allow us A life of whose dimensions we seem sure And which they cannot grasp. They were alive To bloom, that is be fair; we, to mature, That is to be of darkness and to strive.

So it had long been a secret pleasure of Lydia’s that, hidden among all the more popular goods, she was able to make a home for some of her best-loved secret treasures, gems that had blown open her mind and changed her life, books that in some cases had never even been translated into Spanish but that she stocked anyway, not because she expected she’d ever sell them, but simply because it made her happy to know they were there. There were perhaps a dozen of these books, stashed away on their ever-changing shelves, enduring among a cast of evolving neighbors. Now and again when a book moved her, when a book opened a previously undiscovered window in her mind and forever altered her perception of the world, she would add it to those secret ranks.

A year earlier, no company had been accorded more faith than Enron; by late November, none was trusted less. And so, a gasping gurgle, a desperate SOS: Enron, the emblem of free markets, the champion of deregulation, reached into its depleted treasury and forked over $100,000 to each of the major political parties' campaign war chests. Then, it shuttered its online trading unit - its erstwhile gem. On November 28, Standard & Poor's downgraded Enron to junk-bond level - which triggered provisions in Enron's debt requiring it to immediately repay billions of its obligations. This it could not do. Its stock was seventy cents and falling, and, now, no gatekeepers and no credit remained. Accordingly, in the first week of December, Enron, the archetype of shareholder value, availed itself of the time-honored protection for those who have lost their credit: bankruptcy.

Such is the legacy of Stan’s final attempt to achieve professional success. Ostensibly a humble shop dedicated to gifting the world with new gems from the mind of the man who made Marvel, POW was, by many accounts, a largely criminal enterprise. It stands accused of routinely ripping off investors, lying to shareholders, entering the stock market through an illegitimate merger, and committing bankruptcy fraud, among other misconduct. Reports differ as to how much Stan knew about what was going on, but even if he was out of the loop, his decision to stay out of the loop and remain uninterested in his own company’s dealings—especially in the wake of the Stan Lee Media debacle—does not speak well of him. Perhaps his neglect meant he ultimately had no problem with the commission of crimes, so long as the company kept filling his coffers with relatively easy money, as one lawsuit claims.

His morning hours were set apart for the nourishment of his own soul; not, however, with the view of laying up a stock of grace for the rest of the day--for manna will corrupt if laid by--but rather with the view of "giving the eye the habit of looking upward all the day, and drawing down gleams from the reconciled countenance." He was sparing in the hours devoted to sleep, and resolutely secured time for devotion before breakfast, although often wearied and exhausted when he laid himself to rest. "A soldier of the cross," was his remark, "must endure hardness." Often he sang a psalm of praise, as soon as he arose, to stir up his soul. Three chapters of the Word was his usual morning portion. This he thought little enough, for he delighted exceedingly in the Scriptures: they were better to him than thousands of gold or silver. "When you write," he said to a friend, "tell me the meaning of Scriptures." To another, in expressing his value for the Word, he said, "One gem from that ocean is worth all the pebbles of earthly streams." His chief season of relaxation seemed to be breakfast time. He would come down with a happy countenance and a full soul; and after the sweet season of family prayer, immediately begin forming plans for the day. When he was well, nothing seemed to afford him such true delight as to have his hands full of work. Indeed, it was often remarked that in him you found--what you rarely meet with--a man of high poetic imagination and deep devotion, who nevertheless was engaged unceasingly in the busiest and most laborious activities of his office. His

Charlie and I enjoy issuing Berkshire stock (for acquisitions) about as much as we relish prepping for a colonoscopy.” -2009 letter

The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do. For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.

In large part, companies obtain the shareholder constituency that they seek and deserve. If they focus their thinking and communications on short-term results or short-term stock market consequences they will, in large part, attract shareholders who focus on the same factors

An old Wall Street joke gets close to our experience: Customer: Thanks for putting me in XYZ stock at 5. I hear it’s up to 18. Broker: Yes, and that’s just the beginning. In fact, the company is doing so well now, that it’s an even better buy at 18 than it was when you made your purchase. Customer: Damn, I knew I should have waited.

Stocks cannot forever overperform their underlying businesses, as they have so dramatically done for some time.

Villicus Vadum: Soldier Of Fortune by Stewart Stafford I am the ghost of lupine Romulus, Founder of Rome, hear my tale, Of Villicus Vadum - young, driven, Steward to Senator Lucius Flavius. Villicus wanted Flavia, the senator’s daughter, But she was betrothed to Marcus Brutus; A consul of noble and virtuous stock, Villicus conspired to take Flavia's hand. Treachery and deception were his tools, Knavish peacock of Rome's epic stage, Sought to take Flavia from Marcus Brutus, To snatch and cage his treasured gem. Bribed a false soothsayer to trap her, Believing her beloved began with V, Flavia agreed to elope with him to Gaul, With Brutus vowing deadly vengeance. Fleeing to the bosom of Rome's enemy - Vercingetorix, at war with Julius Caesar, Villicus offered to spy on the Senate, While plotting to seize Gaul's throne. Queen Verica also caught his eye, Villicus was captured by Mark Antony, Taken to Caesar's camp as a traitor; Brutus challenged him to a duel. Brutus slashed him but spared his life, They dragged Villicus to Rome in chains, To try him for his now infamous crimes; Cicero in defence, Cato as prosecutor. Cicero argued Villicus acted out of love, And that his ambition merited mercy, Cato wanted death for his wicked threat, Julius Caesar pondered a final verdict. Villicus - pardoned but banished from Rome, Immediate death if he returned to Flavia, Villicus kissed the emperor's foot for naught, Flavia refused to join him in fallen exile. Now learn from this outcast's example, friends, That I, Romulus, warn you to avoid at your peril, Villicus Vadum, the wrath of the gods upon him, Until time ceases, sole spectre of night's edge. © Stewart Stafford, 2023. All rights reserved.

There is a fascinating passage in Nietzche’s Twilight of the Idols that is one of the great passages in philosophical literature, and you don’t have to agree with anything else Nietzsche says, but this is a real gem: Writing about education in Germany in the 1880s, which very much describes our educational situation today, he says: “I shall straightaway set down the three tasks for the sake of which one requires educators. One has to learn to see, one has to learn to think, one has to learn to speak and write: the end in all three is a noble culture. Learning to see – habituating the eye to repose, to patience, to letting things come to it; learning to defer judgment, to investigate and comprehend the individual case in all its aspects. This is the first preliminary schooling in spirituality; not to react immediately to a stimulus, but to have the restraining, stock-taking instincts in one’s control. Learning to see, as I understand it, is almost what is called in unphilosophical language ‘strong will-power’: the essence of it is precisely not to ‘will,’ the ability to defer decision. All unspirituality, all vulgarity, is due to the incapacity to resist a stimulus – one has to react, one obeys every impulse.” He later says, with great psychological insight, “almost everything which we crudely name ‘vice’ is merely this physiological incapacity not to react.” He further states: “A practical application of having learned to see: one will have become slow, mistrustful, resistant as a learner in general. Jeff Nyquist

A prudent investor gets rid of the junk collected along the way during boom times and starts to pick up under-valued gems during a crash.

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In selecting common stocks, we devote our attention to attractive purchases, not to the possibility of attractive sales.