Notable Quotable
"If the business does well, the stock eventually follows." 
-Warren Buffett

Two Terms of the Day and Notable Quotable.


1. Testimony and presentation of documents, records, objects, and other such items relating to the existence or non-existence of alleged or disputed facts into which acourt enquires. 
2. Methods and rules that guide and govern the establishment of a fact before acourt, collectively called the law of evidence.
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Usage Example
Figure out what you can based on the available evidence, and launch a beta version of your product or service as early as possible.
Term of the Day

book value

  1. company's common stock equity as it appears on a balance sheet, equal to total assets minus liabilitiespreferred stock, and intangible assets such as goodwill. This is how much the company would have leftover in assetsif it went out of business immediately. Since companies are usually expected to grow and generate more profits in the futuremarket capitalization is higher than book
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Usage Example
The asset is depreciated until the book value equals scrap value.