Valuation quotes:

  • All the seemingly positive valuations and judgments of ressentiment are hidden devaluations and negations. -- Max Scheler
  • The dominant factors affecting control valuations are earning power (past and prospective) and asset values. -- Warren Buffett
  • Nothing turns off an investor more than when an entrepreneur comes in with a ridiculous valuation. -- Kevin Harrington
  • It's a complex fate, being an American, and one of the responsibilities it entails is fighting against a superstitious valuation of Europe. -- Henry James
  • Science without philosophy, facts without perspective and valuation, cannot save us from havoc and despair. Science gives us knowledge, but only philosophy can give us wisdom. -- Will Durant
  • It is a very high goal which, with our weak powers, we can reach only very inadequately, but which gives a sure foundation to our aspirations and valuations. -- Albert Einstein
  • It is a good idea sometimes to think of the importance and dignity of our every-day duties. It keeps them from being so tiresome; besides, others are apt take us at our own valuation. -- Laura Ingalls Wilder
  • Tell me what a person finds sexually attractive and I will tell you their entire philosophy of life. Show me the person they sleep with and I will tell you their valuation of themselves. -- Ayn Rand
  • Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest. -- Warren Buffett
  • The dreamer's valuation of a thing lost - not another man's - is the only standard to measure it by, and his grief for it makes it large and great and fine, and is worthy of our reverence in all cases. -- Mark Twain
  • Selling, in particular, can be a challenge; many investors are tempted to become more optimistic when a security is performing well. This temptation must be resisted; tax considerations aside, when a security reaches full valuation, there is no longer a reason to own it. -- Seth Klarman
  • I write about life as it exists within houses and on the streets. And there's nothing, hopefully, in any of my characterizations or in any of my plottings or in any of my valuations that doesn't ring true to life. I'm a novelist. I'm not a theoretician. -- Richard Grossman
  • The code of Manu differs from the bible. By means of it the nobles, the philosophers, and the warriors keep the whip hand over the majority. It is full of noble valuations; it shows a feeling of perfection, an acceptance of life, and triumphant feeling toward self and life. -- Friedrich Nietzsche
  • All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter. -- Ludwig von Mises
  • A conventional valuation which is established as the outcome of the mass psychology of a large number of ignorant individuals is liable to change violently as the result of a sudden fluctuation of opinion due to factors which do not really make much difference to the prospective yield; since there will be no strong roots of conviction to hold it steady. -- John Maynard Keynes
  • The latest trade of a security creates a dangerous illusion that its market price approximates its true value. This mirage is especially dangerous during periods of market exuberance. The concept of "private market value" as an anchor to the proper valuation of a business can also be greatly skewed during ebullient times and should always be considered with a healthy degree of skepticism. -- Seth Klarman
  • Intelligence makes clear to us the interrelationship of means and ends. But mere thinking cannot give us a sense of the ultimate and fundamental ends. To make clear these fundamental ends and valuations and to set them fast in the emotional life of the individual, seems to me precisely the most important function which religion has to form in the social life of man. -- Albert Einstein
  • Valuation is vague and arbitrary, when there is no assurance that it will be generally acquiesced in by others. -- Jean-Baptiste Say
  • To know whether stocks are cheap or pricey, we typically look at price-to-earnings ratio. Valuation is a tougher question than many folks realize. -- Barry Ritholtz
  • The world is terribly apt to take people at their own valuation. -- Amelia B. Edwards
  • Man rarely places a proper valuation upon his womankind, at least not until deprived of them. -- Jack London
  • I am not naive enough to settle for anything less than a reasonable valuation of my worth. -- Roy Keane
  • Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. -- Warren Buffett
  • Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China. -- James Chanos
  • Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment. -- Ben Horowitz
  • We are not so brazen as to believe that we can perfectly calibrate valuation; determining risk and return for any investment remains an art not an exact science -- Seth Klarman
  • As every bookie knows instinctively, a number such as reliability - a qualitative rather than a quantitative measure - is needed to make the valuation of information practically useful. -- Hans Christian von Baeyer
  • For a scientific theory of him to be possible, man, including his habits of valuation, has to be taken as determined by causal laws, as an instance and part of nature. -- Hans Jonas
  • This sentiment of self-contempt is a frequent one in young people of both sexes. Their valuation of themselves varies as much as the barometer, and is as much affected by outward causes. -- Humphry Davy
  • The ideal form of common stock analysis leads to a valuation of the issue which can be compared with the current price to determine whether or not the security is an attractive purchase. -- Benjamin Graham
  • The more evident it is that a certain company is going to become the market leader in a big market space, then the higher the valuation goes because the risk has been dramatically reduced. -- Audrey MacLean
  • War and peace type products... cannot be added into a national product total until the differences in the valuation due to differences in the institutional mechanisms that determine their respective market prices are corrected for. -- Simon Kuznets