Quote

Sometimes it takes longer to create value, but if the companies generate more earnings, the stocks will ultimately reflect that.

Declining productivity and quality means your unit production costs stay high but you don't have as much to sell. Your workers don't want to be paid less, so to maintain profits, you increase your prices. That's inflation.

We have seen economic growth. But we have not seen earnings growth.

The income from sales now covers the expense of materials but I expect this to improve.

If you are spending too much, you cut back on spending and you raise your revenues. And that's it.

Reduced marginal tax rates on individuals and business fosters growth every time.

A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits.

When businesses face tough times, one of the first items they cut is overhead expenses. The government should do the same.

Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings.

Eliminating what is not wanted or needed is profitable in itself.