52 Quotes by James B. Stewart

Some people may be more gifted than others, but excellence in writing, as in any art form or craft, involves discipline and practice.

You don’t do something because it’s a sure thing. You don’t do something for the bank. That’s the one that flops. That’s a riskier proposition than doing something completely original. It’s risky to be safe.

Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as with college and universities, or broader social programs, as at many private foundations.

Mr. Trump had no political or military experience, the traditional routes to high political office. Virtually his only qualification was his business career, and a checkered one at that, considering his own brush with personal bankruptcy.

The rationale for eliminating the alternative minimum tax is that such a backup system should not be necessary if the tax code is fundamentally fair and eliminates all the loopholes that made it possible for high-income taxpayers to escape taxation in the first place.

There's no question that the Internet generally, and Netflix specifically, upended the traditional content-distribution supply chain and caused profound changes in the entertainment industry.

My experience bears out an adage about airlines: People almost always opt for convenience and price, even while complaining loudly about crowded planes and a dearth of amenities.

The Joint Committee on Taxation estimated that in 2016, the corporate income tax raised $300 billion in revenue, while what it called 'targeted subsidies' cost about $270 billion. In other words, Congress could eliminate the subsidies and cut the corporate rate nearly in half without any significant loss in revenue.

When it comes to valuation, there's only one thing stock investors really care about, which is earnings.