The 'Fortune' I came to work for on Jan. 25, 1954, was a monthly, with pages significantly larger than what you're reading; 'art' covers that did not relate to stories inside; and a newsstand price of $1.25. Carol Loomis More Quotes by Carol Loomis More Quotes From Carol Loomis Some managements do not even think of buybacks as an option. The idea of shrinking their equity base repels them. Their inclination instead is to get bigger, and this often leads them to pay rich prices for acquisitions that never earn their keep. Carol Loomis some never think rich A buyback is itself a special kind of acquisition, made at prices that are typically a bargain compared with those a company must pay for an outside purchase. Carol Loomis outside company special pay When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk. Carol Loomis give ability risk world The options and futures traded on exchanges are derivatives contracts. Carol Loomis traded options derivatives contracts I will confess that almost all my inspiration has come from one emotion: fear. And terrible dread of the moment when I will finally be exposed as a fraud. Carol Loomis will moment fraud fear