Jackpot Stock Quotes

Here is an all-too-brief summary of Buffett’s approach: He looks for what he calls “franchise” companies with strong consumer brands, easily understandable businesses, robust financial health, and near-monopolies in their markets, like H & R Block, Gillette, and the Washington Post Co. Buffett likes to snap up a stock when a scandal, big loss, or other bad news passes over it like a storm cloud—as when he bought Coca-Cola soon after its disastrous rollout of “New Coke” and the market crash of 1987. He also wants to see managers who set and meet realistic goals; build their businesses from within rather than through acquisition; allocate capital wisely; and do not pay themselves hundred-million-dollar jackpots of stock options. Buffett insists on steady and sustainable growth in earnings, so the company will be worth more in the future than it is today.

A reward-sensitive person is highly motivated to seek rewards—from a promotion to a lottery jackpot to an enjoyable evening out with friends. Reward sensitivity motivates us to pursue goals like sex and money, social status and influence. It prompts us to climb ladders and reach for faraway branches in order to gather life’s choicest fruits. But sometimes we’re too sensitive to rewards. Reward sensitivity on overdrive gets people into all kinds of trouble. We can get so excited by the prospect of juicy prizes, like winning big in the stock market, that we take outsized risks and ignore obvious warning signals.

You could me practice. They wouldn't have to know." I don't even feel like practicing. I just seems I should get in the water on principal, since Galen told me not to. And especially since he left me with a babysitter. She throws me a sideways glare. "Fat Lips would know. He can sense me from anywhere, remember? An he'd snitch to Galen. He would know something's wrong if you and me got in without my brother." I shrug. "Since when do you care about getting in trouble?" "Since never. But Galen said if I kept you out of the water, he'd teach me how to drive his car." Jackpot. "I happen to know how to drive. I could teach you." "Galen said I wasn't allowed to ask you, or the deal's off." "You didn't ask me. I offered." She nods, biting her lip. "That's true. You did." I set the book on the ugly glass coffee table and squat next to her. "I'll teach you how to drive if you let me get in the water. You don't even have to get in." The way she raises her brow reminds me of Galen. "You're wasting your time trying to change if you ask me. You're half human. You probably don't even have a fin in there." "What do you know about the half-breeds?" She shrugs. "Not much. Enough to know that if you're one of them, there's no point in trying to change. No one is going to accept you. At least, no Syrena will." I decide not to take offense. I don't put much stock in her opinion anyway, and she won't care if she offended me or not.

Money changes everything. In Billionaires, a book by political scientist Darrell West, one member of the three-comma club brought up his “get-a-senator” strategy—a handy tactic, given that a lone senator can block objectionable legislation or pull strings on a favored donor’s behalf. West recalls how Senator Rand Paul held up Senate action for years on a treaty that would have forced Swiss banks to reveal the names of twenty-two thousand wealthy Americans who had assets stashed in overseas accounts, presumably to evade taxes. (An invasion of privacy, Paul insisted.) In another case, a billionaire hedge fund manager persuaded Democratic senator Edward Markey to write a letter to the SEC calling for an investigation of Herbalife, a multilevel marketing company the financier suspected of fraud, and whose stock he also happened to be short-selling. The effort paid off. After Markey’s letter was made public, Herbalife’s share price plummeted 14 percent.

He also wants to see managers who set and meet realistic goals; build their businesses from within rather than through acquisition; allocate capital wisely; and do not pay themselves hundred-million-dollar jackpots of stock options.