Par Stock Quotes

Women are considered of no value, unless they continually increase their owner's stock. They are put on a par with animals. This same master shot a woman through the head, who had run away and been brought back to him. No one called him to account for it. If a slave resisted being whipped, the bloodhounds were unpacked, and set upon him, to tear his flesh from his bones. The master who did these things was highly educated, and styled a perfect gentleman. He also boasted the name and standing of a Christian, though Satan never had a truer follower. I

Titanic orator. Drunk. Wit. Patriot. Imperialist. Visionary. Tank designer. Blunderer. Swashbuckler. Aristocrat. Prisoner. War hero. War criminal. Conqueror. Laughing stock. Bricklayer. Racehorse-owner. Soldier. Painter. Politician. Journalist. Nobel Prize-winning author. The list goes on and on, but each label, when taken alone, fails to do him justice; when taken together, they offer a challenge on a par with tossing twenty jigsaw puzzles together and expecting a single unified picture.

Stocks are intangible things that are priced in terms of cash, but the price of a stock is not legitimately backed by anyone. If you have a $1,100 share of Google, the only money you are entitled to from Google is the par value of $0.001. This also means if you are holding $110,000 in Google stocks, you are technically only owed $0.10.

Homo innove par ce qu il stocke.

One example of a high-tech company that submits to a Graham type of analysis is Amazon.com. Though it does business exclusively on the Web, Amazon is essentially a retailer, and it may be evaluated in the same way as Wal-Mart, Sears, and so forth. The question, as always, is, does the business provide an adequate margin of safety at a given market price. For much of Amazon’s short life, the stock was wildly overpriced. But when the dot-com bubble burst, its securities collapsed. Buffett himself bought Amazon’s deeply discounted bonds after the crash, when there was much fearful talk that Amazon was headed for bankruptcy. The bonds subsequently rose to par, and Buffett made a killing.

L’agonie de notre temps gît là. Le siècle ne s’effondre pas faute de soutien matériel. Jamais l’univers ne fut si riche, comblé de tant de confort, aidé par une industrialisation à ce point productrice. Jamais il n’y eut tant de ressources ni de biens offerts. C’est le cœur de l’homme, et lui seul, qui est en état de faillite. C’est faute d’aimer, c’est faute de croire et de se donner, que le monde s’accable lui-même des coups qui l’assassinent. Le siècle a voulu n’être plus que le siècle des appétits. Son orgueil l’a perdu. Il a cru aux machines, aux stocks, aux lingots, sur lesquels il régnerait en maître. Il a cru, tout autant, à la victoire des passions charnelles projetées au delà de toutes les limites, à la libération des formes les plus diverses des jouissances, sans cesse multipliées, toujours plus avilies et plus avilissantes, dotées d’une « technique » qui n’est, en somme, généralement, qu’une accumulation, sans grande imagination, d’assez pauvres vices, d’êtres vidés.

By the way, there's one more benefit to freezing eggs... that I neglected to tell you earlier. Y'see... by freezing them, the robust flavor of the yolks gets even richer!" "The flavor of the yolk... changes?!" "When you freeze a chicken egg, its proteins condense into a jelly... which gives it a tender and creamy consistency when you cook it. The flavor of the yolk in particular becomes deep and rich! Basically, freezing the egg is the biggest reason this tempura rice bowl is as delicious as it is! Plus, I made sure to pour on plenty of Yukihira Family Restaurant's special savory and salty house sauce! It's soy sauce and mirin added to bonito stock. I made sure this batch was extra rich! There's no way it wouldn't par perfectly with the rice and egg! The thing is, luxury-brand eggs all tend to have strong flavors from the get-go. Using them would make the entire rice bowl taste heavy and cloying." "Wait. Is that why...?!" "Yep! Since the sauce I use is thick and heavy, and freezing eggs makes their flavor richer... ... a blander egg is the best choice!" "Oh! He had a legitimate reason for using those cheap eggs!" "That's Soma for you!

Les Orientaux ont pour philosophie que le plus important dans la peinture ce sont les espaces vides que le peintre a décidé de ne pas remplir, et le plus important de la poésie c'est le non-dit. Les mots écrits ne sont que des mots. Il faut regarder sous l'encre, ou au-dessus. Trouver l'invisible, le caché, qui est l'âme du poème. Un vase n'est qu'un si on ne sait pas comment le regarder. Et cette fille, pour quiconque dans l'aéroport, n'était qu'une jeune fille à la peau foncée, totalement absorbée par son monde. Pour quiconque, sauf pour Pau. Cela n'avait rien d'étrange. Pau savait comment regarder les choses. - Qu'est-ce que vous racontez, aujourd'hui ? - Rien, j'ai épuisé mon stock. Et il riait.

My investment philosophy changed when I read Charles Ellis’ book Winning the Loser’s Game. The book was given to me by my employer at the time, Michael Goodman, founder of Wealthstream Advisors, Inc. Ellis convinced me that trying to beat the market is a losing proposition. In golf, par is a good score, and avoiding bogeys is more important than making birdies. Very few professional investors beat the market consistently, after accounting for the costs. The most important takeaway from Ellis’ books is that the market return is a good return. The proliferation of low-cost index funds means that the market return is ours for the taking, if only we accept it. I have not purchased an individual stock since reading that book.

Chicken Salad à la Danny Kaye YIELD: 4 SERVINGS TO MOST AMERICANS, Danny Kaye is remembered as a splendid comedian and actor. I think of him as a friend and one of the finest cooks I have ever known. In every way, Danny was equal to or better than any trained chef. His technique was flawless. The speed at which he worked was on par with what you’d find in a Parisian brigade de cuisine. Danny taught me a great deal, mostly about Chinese cuisine, his specialty. Whenever I traveled to Los Angeles, Danny picked me up at the airport and took me to his house, where we cooked Chinese or French food. His poached chicken was the best I have ever had. His method was to put the chicken in a small stockpot, cover it with tepid water seasoned with salt, peppercorns, and vegetables, and cook it at a gentle boil for only 10 minutes, then set it aside off the heat for 45 minutes. As an added touch, he always stuck a handful of knives, forks, and spoons into the cavity of the chicken, to keep it submerged. The result is so moist, tender, and flavorful that I have used the recipe—minus the flatware—ever since. CHICKEN 1 chicken, about 3½ pounds ½ cup sliced carrot 1 cup sliced onion 1 small leek, washed and left whole 1 rib celery, washed and left whole 1 teaspoon salt ¼ teaspoon black peppercorns 2 sprigs thyme 2 bay leaves About 7 cups tepid water, or more if needed DRESSING 2 tablespoons Dijon-style mustard 1 tablespoon white wine vinegar 1 teaspoon finely chopped garlic ¼ teaspoon salt ¼ teaspoon freshly ground black pepper ½ teaspoon Tabasco hot pepper sauce 5 tablespoons extra-virgin olive oil GARNISHES 1 dozen Boston lettuce leaves, cleaned 2 dozen fresh tarragon leaves FOR THE CHICKEN: Place the chicken breast side down in a tall, narrow pot, so it fits snugly at the bottom. Add the remaining poaching ingredients. The chicken should be submerged, and the water should extend about 1 inch above it. Bring to a gentle boil, cover, and let boil gently for two minutes. Remove the pot from the heat, and set it aside to steep in the hot broth for 45 minutes. Remove the chicken from the pot, and set it aside on a platter to cool for a few minutes. (The stock can be strained and frozen for up to 6 months for use in soup.) Pick the meat from the chicken bones, discarding the skin, bones, and fat. Shred the meat with your fingers, following the grain and pulling it into strips. (The meat tastes better shredded than diced with a knife.) FOR THE DRESSING: Mix together all the dressing ingredients in a bowl large enough to hold the chicken salad. Add the chicken shreds to the dressing and toss well. Arrange the Boston lettuce leaves in a “nest” around the periphery of a platter, and spoon the room-temperature chicken salad into the center. Sprinkle with the tarragon leaves and serve.

HDFC Bank was the first of the private lenders to go public— even before it completed a full year. 'It was a mistake,' Deepak told me. The RBI required the new banks to go public within a year but all other lenders went back to the regulator and got extensions. 'We didn't ask for it. We were too naive,' Deepak said. 'Everybody took time as they wanted to get a premium. We sold at par, ₹10. But I have no regrets.' Deepak pushed for a par issue as the bank had nothing to show. And the disaster of parent HDFC's listing was still haunting him, though that had happened a decade and a half ago. In 1978, India's capital market was in a different shape and mortgage was a new product, not understood by many. HDFC put the photograph of its first borrower on the cover of its balance sheet, a D. B. Remedios from Thane, who took a loan of ₹35,000 to build his house. The public issue of HDFC bombed. In an initial public offering (IPO) of ₹10 crore, the face value of one share was ₹100. ICICI, IFC (Washington) and the Aga Khan Fund took 5% stakes each in the mortgage lender and the balance 85% equity was offered to the public, but there were few takers. The stock quoted at a steep discount on listing. For the bank, Deepak did not want to take any chance. So portions of the issue were reserved for the shareholders and employees of HDFC as well as the bank's employees. HDFC decided to own close to a 26% stake in the bank and NatWest 20%. Satpal was offered about 5% and the public 25%. The size of the public issue was ₹50 crore. 'We didn't know whether it would succeed. Our experience with HDFC had been a disaster,' Deepak said. But Deepak had grossly underestimated investors' appetite for the new bank. The issue, which opened on 14 March 1995, was subscribed a record fifty-five times. The stock was listed on the Bombay Stock Exchange (now known as BSE Ltd) on 26 May that year at ₹39.95, almost at a 300% premium.

Farley turned and took a selfie using Snapchat as Evan and Bobby smiled and looked out at the crowd. Evan’s fiancée, supermodel Miranda Kerr, stood on the floor of the stock exchange, as did early Snapchat employees Dena Gallucci and Nick Bell and Snap chief strategy officer Imran Khan. Bobby and Evan pressed a button together and a bell rang out loudly, signaling the opening of the day’s trading. The assembled throng of Snap employees, friends, and reporters cheered. Farley encouraged the crowd to cheer louder. Evan, in a white shirt and gold tie, and Bobby, with a blue shirt and darker blue tie, smiled at the crowd, then turned and shared a moment. Bobby patted Evan on the back in celebration as Farley turned and shook hands with them each in turn. This was actually happening. $ SNAP was priced at $ 17 a share, but it opened at a much loftier $ 24. Snapchat CFO Drew Vollero watched the stock jump and exclaimed, “That’s crazy!” After Snap began trading, Evan, Bobby, Kerr, and Khan headed over to the fourth-floor equities trading desk at Goldman Sachs on 200 West Street. When Snap’s stock jumped up to $ 24 right out of the gate, the Goldman trading floor broke out in jubilant cheers. The stock closed at $ 24.48, up 44 percent, with a closing market cap of $ 34 billion, on par with Marriott and Target. By the end of the day, Evan and Bobby were worth more than $ 6 and $ 5 billion, respectively. Never before had so much economic value been created by a consumer product, used by millions of people daily, that was still so misunderstood.

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial portfolio turnover tend to reduce investment yields. Many people will find the guarantee of playing the stock-market game at par every round a very attractive one. The index fund is a sensible, serviceable method for obtaining the market’s rate of return with absolutely no effort and minimal expense.

Le premier point à prendre en compte est le fait que la production globale actuelle est quantitativement suffisante pour assurer l'alimentation de l'ensemble de la population mondiale. La disponibilité alimentaire mondiale est de 2 790 calories par jour et par personne (données de 2001-2003), ce qui pourrait être suffisant. La sous-alimentation qui affecte aujourd'hui un milliard d'individus pourrait être éradiquée par ure réorganisation de la production, notamment avec une réorientation vers la multiplicité des cultures vivrières et par un rééquilibrage du stock calorique, fort mal distribué (3 490 calories par jour et par personne dans les pays développés, contre 2 254 en Afrique subsaharienne). Quant à la malnutrition (carences en vitamines et minéraux) et à son envers, l'obésité et le surpoids (provoqués essentiellement par la diffusion des habitudes alimentaires promues par le secteur agroalimentaire et la grande distribution), qui affectent chacune un milliard d'individus, ils pourraient être résorbés, sans augmentation quantitative globale, par une réorientation vers une agriculture paysanne développant des pratiques agro-écologiques. Si l'agriculture industrielle actuelle fait valoir de manière tronquée sa supériorité, notamment en termes de productivité par hectare, une évaluation plus globale, incluant l'ensemble des coûts directs et indirects (notamment écologiques), invite à faire pencher la balance de l'efficacité du côté de l'agriculture paysanne. De fait, l'agriculture industrialisée est entraînée dans un cercle vicieux, marqué notamment par l'épuisement et la salinisation des sols, la multiplication des insectes résistant aux pesticides, la hausse des pathologies du bétail ; en outre, elle provoque une baisse du pouvoir nutritif des produits, notamment des fruits et légumes à croissance rapide. Enfin, il faut indiquer que les surfaces agricoles consacrées à des cultures non alimentaires (agrocarburants notamment) doivent être restituées à leur vocation initiale, ce qui offre une marge de manœuvre importante pour assurer à l'ensemble de l'humanité une alimentation quantitativement et qualitativement satisfaisante. On dispose également de deux leviers importants pour atteindre et maintenir cet impératif élémentaire : d'une part, une limitation de l'élevage, particulièrement glouton en énergie et en surfaces (40 % des grains actuellement produits sont destinés à l'alimentation animale) et écologiquement dangereux (importantes émissions de gaz à effet de serre) ; d'autre part, une élimination du gâchis alimentaire (évalué à 30 % au moins dans le système alimentaire industriel mondial, et à 100 milliards de dollars par an uniquement aux États-Unis). (p. 190-192)

When you invest in stocks or any other asset, your primary risk is the permanent loss of capital. Your secondary risk is a sub-par return, and that’s it. You don’t have any other risk.

Several types of inventory records are maintained in an effort to monitor food cost, determine purchase quantity, and identify inventory levels to maintain. Six of them are outlined in the following subsections: valuing inventory, the “ABC method,” fixed-item inventory, par stock system, “mini-max system,” and economic order quantity.

Stocks are also like Golf; while you are sure to hit a birdie, eagle, albatross, you wind up hitting one or two over par!

– Bah alors, c’est ce que je dis, avec la dotation qu’on a, ajouta Făneață puis il se leva pour prendre le livre le plus épais de la pile la plus proche. Il se trouva que c’était La Montagne magique. – Ça fera l’affaire, dit-il le travailleur en se rasseyant à table. Il a suffisamment de pages pour que personne ne remarque que nous en avons déchiré quelques-unes. – Mon frère, t’es vraiment mortel. Laisse donc ce livre en paix, nom de Dieu… Nicu s’opposa pour la dernière fois, l’image de son camarade en cerbère le fit éclater de rire. Une considération de folie. – Tiens, avant de le déplumer, lis au moins ce qu’il y a d’écrit, qu’on entende nous aussi. Făneață fourra son doigt épais au cœur du livre et lut là où ses yeux se posèrent : – Qu’est-ce que le corps ! éclata-t-il avec une impétosité soudaine. Qu’est-ce que la chair ! Qu’est-ce que le corps humain ! De quoi est-il constitué ! Monsieur le conchilier aulique, dites-le nous tout de suite, cet après-midi même. Dites-le-nous une fois pour tourtes et le plus échactement, pour que nous le sachions. Écœuré par la lecture, il s’arrêta, et ne cacha pas son étonnement : certains sont prêts à jeter leur argent par les fenêtres pour n’importe quoi. – Mon petit Nicu, c’est ainsi quand l’homme a trop de temps libre, qu’il ne travaille même pas. Il est là à se faire des idées, et ceux qui se font passer pour cultivés font la file d’attente pour acheter quelque livre comme celui-là. Chiche qu’on va montrer à m’sieur l’écrivain – il fit une pause pour lire le nom de celui-ci sur la couverture – ce que c’est-ce que la viande, car je vois que l’honorable dit ne pas le savoir. Passe-moi les saucisses, va ! Puis il arracha soigneusement quelques pages sur lesquelles il déposa fromage et légumes en se vantant auprès de Nicu que lui était un garçon de salon et que l’on n’aurait déchiré des feuilles que de là-bas, de l’introduction, partie que personne ne lit. – De la critique.

I thought Hayama's talent lay in the mixing of varied exotic spices to create the perfect fragrance." "No, his skill is in manipulating fragrance itself. He can do more than just add more spices into his recipes. In fact, this time he subtracted spices instead. In so doing, he accentuated the freshness and flavor of the in-season pike." "Uh, I get that much, but, like, how did he manage to get that rich of a fragrance with only one spice? His dish's impact was on par with Ryo's!" "Yes! Just searing not give that punch. It is inconceivable!" "I used kaeshi sauce. Right before serving, I brushed a thin layer of kaeshi onto the fish slices." "Kaeshi? Does he mean the ramen soup base?!" "Kaeshi was mentioned during the Ramen Bout in the Quarterfinals, yes. It seems this time it is being used in a purely Japanese fashion." "Kaeshi? Like Tsubame-Gaeshi Sword Cut, yes? Kojiro Sasaki Swallow Cut!" "I'm surprised you're familiar with that sword technique. But no, this is different. Kaeshi is a mixture of soy sauce, mirin and sake. It is most often diluted with dashi stock to go with noodles. It is considered an all-purpose seasoning that can be used in almost any Japanese dish." "No wonder! Fish meat generally does not brown easily, even when using the high, focused heat of a blowtorch. But the sugars present in kaeshi make that easier! It also prevents the heating time from dragging out too long and ruining the freshness of the fish. " "The fatty acids of the fish mix with the sugars in the kaeshi. Add heat and they will sizzle and boil.

We have advised against the purchase at “full prices” of three important categories of securities: (1) foreign bonds, (2) ordinary preferred stocks, and (3) secondary common stocks, including, of course, original offerings of such issues. By “full prices” we mean prices close to par for bonds or preferred stocks, and prices that represent about the fair business value of the enterprise in the case of common stocks. The greater number of defensive investors are to avoid these categories regardless of price; the enterprising investor is to buy them only when obtainable at bargain prices—which we define as prices not more than two-thirds of the appraisal value of the securities.

We define a bargain issue as one which, on the basis of facts established by analysis, appears to be worth considerably more than it is selling for. The genus includes bonds and preferred stocks selling well under par, as well as common stocks. To be as concrete as possible, let us suggest that an issue is not a true “bargain” unless the indicated value is at least 50% more than the price. What kind of facts would warrant the conclusion that so great a discrepancy exists? How do bargains come into existence, and how does the investor profit from them? There are two tests by which a bargain common stock is detected. The first is by the method of appraisal. This relies largely on estimating future earnings and then multiplying these by a factor appropriate to the particular issue. If the resultant value is sufficiently above the market price—and if the investor has confidence in the technique employed—he can tag the stock as a bargain. The second test is the value of the business to a private owner. This value also is often determined chiefly by expected future earnings—in which case the result may be identical with the first. But in the second test more attention is likely to be paid to the realizable value of the assets, with particular emphasis on the net current assets or working capital. At low points in the general market a large proportion of common stocks are bargain issues, as measured by these standards. (A typical example was General Motors when it sold at less than 30 in 1941, equivalent to only 5 for the 1971 shares. It had been earning in excess of $4 and paying $3.50, or more, in dividends.) It is true that current earnings and the immediate prospects may both be poor, but a levelheaded appraisal of average future conditions would indicate values far above ruling prices. Thus the wisdom of having courage in depressed markets is vindicated not only by the voice of experience but also by application of plausible techniques of value analysis.