ankitgokani
Ankit Gokani
Dear friends,
Warren Buffet, a class of it's own. His words r like blessings for the finance afficianados. How about hs famos quotes!!!
Source : "moneycontrol.com"
Moneycontrol.com >> Message Board >> View Messages >> Quotable quotes
1) Rule No 1: Never lose money
Rule No 2: Never forget rule No 1.
2) It is easier to stay out of truble than it is to get out of trouble.
3) The market like the lord ,helps those help themselves. But unlike the lord,the market does not forgive those who know not what they do.
4) Don't try to jump over seven-foot bars; look around for one-foot bars that can step over.
5) The chains of habit are too light to be felt until they are too heavy to be broken.
6) It is not necessary to do extraordinary things to get extraordinary results.
7) Look at stocks as small pieces of a business.
Cool Invest in a business that even a fool can run,because somebody a fool will.
9) With invetsment you make,You should have the courage and the conviction to place at least 10% of your networth in that stock.
10) If a business does well, the stock eventually follows.
11) The reaction of weeak management to weak operations is often weak accounting.
12) In a difficult business,no sooner is one problem solved than another surfaces-never is there just one cockroach in the kitchen.
13) You don't have to make money the same way you lost it.
14) With enough insider information and a million dollars,you can go broke in a year.
15) If principles become dated,they are no longer principles.
16) If calculus or algebra were required to be a great investor,I would have to go back to delivering newspapers.
17) It is only the tide goes out that you learn who has been swimming naked.
1Cool If you hit a hole in one on every hole,you would not play golf for very long.
19Never ask a barber if you need a haircut.
20) Forecasts usually tells us more of the forecaster than of the forecasts.
21) There seems to be some perverse human characteristic that likes to make easy things difficult.
22Diversification is a protection against ignorance.
23) Brokers make money on activity,You make your money on inactivity.
24) You only have to do a few things right in your life so long as you don't do too many things wrong.
25) If you let yourself be undisciplined on the small things,you will probably be undisciplined on the large things as well.
26When proper temperamant joins up with the proper intellectual framework, then you get rational behaviour.
27) The fact that people are full of greed or folly is predictable.The sequence is unpredictable.
2Cool Be fearful when others are greedy and be greedy only when others are fearful.
29) The most important thing to do when you are in a hole is to stop digging.
30) If at first you do succeed,quit trying.
31) Most people get interested in stocks
when everyone else is.The time to get interested is when no one else is. You can't buy what is popular and do well.
32) Risk comes from not knowing what you are doing.
33) If you can't make mistakes,you can't make decisions.
34) Investment must be rational,If you don't understand it,don't do it.
35) In the business world,the rear view mirror is always clearer than the windshield.
36) For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
37) At the beginning, prices are driven by fundamentals and at some point, speculation drives them. It is the old story: what the wise man does in the beginning the fool does in the end.
3Cool A pin lies in wait for a bubble and when the two eventually meet,a new wave of investors learn some very old lessons.
39) I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for 5 years.
40) What we learn from history is that people don't learn from history.
41) Look at stock market fluctuations as your friend rather than your enemy-profit from folly rather than participate in it.
42) Uncertainity actually is the friend of the buyer of long-term values.
43) No matter how great the talent or effort,some things just take time: You can't produce a baby in amonth by getting nine women pregnant.
44) If the past history was all there was to the game, the richest people would be librarians.
45) I would be a bum on the street with a tin cup, if the markets were efficient.
Warren Buffet, a class of it's own. His words r like blessings for the finance afficianados. How about hs famos quotes!!!
Source : "moneycontrol.com"
Moneycontrol.com >> Message Board >> View Messages >> Quotable quotes
1) Rule No 1: Never lose money
Rule No 2: Never forget rule No 1.
2) It is easier to stay out of truble than it is to get out of trouble.
3) The market like the lord ,helps those help themselves. But unlike the lord,the market does not forgive those who know not what they do.
4) Don't try to jump over seven-foot bars; look around for one-foot bars that can step over.
5) The chains of habit are too light to be felt until they are too heavy to be broken.
6) It is not necessary to do extraordinary things to get extraordinary results.
7) Look at stocks as small pieces of a business.
Cool Invest in a business that even a fool can run,because somebody a fool will.
9) With invetsment you make,You should have the courage and the conviction to place at least 10% of your networth in that stock.
10) If a business does well, the stock eventually follows.
11) The reaction of weeak management to weak operations is often weak accounting.
12) In a difficult business,no sooner is one problem solved than another surfaces-never is there just one cockroach in the kitchen.
13) You don't have to make money the same way you lost it.
14) With enough insider information and a million dollars,you can go broke in a year.
15) If principles become dated,they are no longer principles.
16) If calculus or algebra were required to be a great investor,I would have to go back to delivering newspapers.
17) It is only the tide goes out that you learn who has been swimming naked.
1Cool If you hit a hole in one on every hole,you would not play golf for very long.
19Never ask a barber if you need a haircut.
20) Forecasts usually tells us more of the forecaster than of the forecasts.
21) There seems to be some perverse human characteristic that likes to make easy things difficult.
22Diversification is a protection against ignorance.
23) Brokers make money on activity,You make your money on inactivity.
24) You only have to do a few things right in your life so long as you don't do too many things wrong.
25) If you let yourself be undisciplined on the small things,you will probably be undisciplined on the large things as well.
26When proper temperamant joins up with the proper intellectual framework, then you get rational behaviour.
27) The fact that people are full of greed or folly is predictable.The sequence is unpredictable.
2Cool Be fearful when others are greedy and be greedy only when others are fearful.
29) The most important thing to do when you are in a hole is to stop digging.
30) If at first you do succeed,quit trying.
31) Most people get interested in stocks
when everyone else is.The time to get interested is when no one else is. You can't buy what is popular and do well.
32) Risk comes from not knowing what you are doing.
33) If you can't make mistakes,you can't make decisions.
34) Investment must be rational,If you don't understand it,don't do it.
35) In the business world,the rear view mirror is always clearer than the windshield.
36) For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
37) At the beginning, prices are driven by fundamentals and at some point, speculation drives them. It is the old story: what the wise man does in the beginning the fool does in the end.
3Cool A pin lies in wait for a bubble and when the two eventually meet,a new wave of investors learn some very old lessons.
39) I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for 5 years.
40) What we learn from history is that people don't learn from history.
41) Look at stock market fluctuations as your friend rather than your enemy-profit from folly rather than participate in it.
42) Uncertainity actually is the friend of the buyer of long-term values.
43) No matter how great the talent or effort,some things just take time: You can't produce a baby in amonth by getting nine women pregnant.
44) If the past history was all there was to the game, the richest people would be librarians.
45) I would be a bum on the street with a tin cup, if the markets were efficient.