“Success is going from failure to failure without losing enthusiasm.” – Winston Churchill

“There is no inner ‘thinker’ behind thoughts, no ‘doer’ behind actions, no ‘seeker’ of enlightenment. Seeking occurs on its own when the time is right, and it emerges as a focus of attention. All aspects and qualities of consciousness are self – actuating and energize each other under the general direction of the will.” – David R. Hawkins

“[Earnings Quality] relates to earnings that are free from special or one-time items, earnings that are not drawn from reserves, fair value adjustments, accounting gimmicks, market fluctuations, gains/losses, fluctuations in effective tax rates, and/or foreign-currency adjustments; thus, high quality earnings are essentially free of the items would make them unsustainable.” – Earnings Quality: Evidence from the Field (Dichev, Graham, Harvey, Rajgopal)

“Do not fear mistakes. You will know failure. Continue to reach out.” – Benjamin Franklin

“The book value really measures, therefore, not what the stockholders could get out of their business (its liquidating value), but rather what they have put into the business.” – Ben Graham, The Interpretation of Financial Statements, 1937

“If you don’t have a unique product to market, you have no chance of survival.” – Andrea Illy

“It’s choice – not chance – that determines your destiny.” – Jean Nidetch

“Financial statements are like sausages. If you saw how they were made, you’d never consume either.” – Joel Litman

“Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.” – Steve Jobs

“The human mind is like a ship at sea that is unable to correct its direction without a compass or an external source of reference, such as the stars. It is important to realize that a system is only correctible when it has access to an external point of reference (like a global positioning system) that serves as the absolute by which all other data are compared.” – David R. Hawkins

“…in 2010, when the Commission last reaffirmed the importance of pursuing such standards to further our mission [global accounting standards]… there has been no formal action by the Commission since” – Mary Jo White, former SEC chair

“It is no use saying, ‘We are doing our best.’ You have got to succeed in doing what is necessary.” – Winston Churchill

“Current financial reporting standards (as outlined in the accounting principles known as GAAP – ‘Generally Accepted Accounting Principles’) have fallen into disrepute as a means of understanding current operating performance.” – Michael Kwatinetz, Ph.D., Managing Partner with Azure Capital Partners

“The man who does more than he is paid for will soon be paid for more than he does.” – Napoleon Hill

“…the evidence leaves little doubt that there is a sharp dissonance between standard setters’ and CFOs’ views on the proper determination of earnings.” – Earnings Quality: Evidence from the Field (Dichev, Graham, Harvey, Rajgopal)

“Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service.” – Henry Ford

“The desire to undo the past is understandable but futile, and blinds one to the opportunities of the present.” – David R. Hawkins

“In general, it may be said that little if any weight should be given to the figures at which intangible assets appear on the balance sheet. Such intangibles may have a very large value indeed, but it is the income account and not the balance sheet that offers the clue to this value. In other words, it is the earning power of these intangibles, rather than their balance sheet valuation, that really counts.” – Ben Graham, The Interpretation of Financial Statements, 1937

“Don’t wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them.” – Orison Swett Marden

“…observe that GAAP seems to be rules‐based and theoretically inconsistent.” – Timothy B. Forsyth and Michael T. Dugan, Inconsistencies in U.S. GAAP: Accounting for Executory Contracts