Quotations and Proverbs

There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it. Shun the enterprise around the corner, which can at least be observed, and seek out the one that manufactures an incomprehensible product. ~ Peter Lynch

The extraordinary thing about the securities market, if you judge it over a long period of years, is the fact that it does not go off on tangents permanently, but it remains in continuous orbit. ~ Benjamin Graham

We're emphasizing the knowable by predicting how certain people and companies will swim against the current. We're not predicting the fluctuation in the current. ~ Charlie Munger

"Supply chain & logistics industry is the backbone of the Indian economy and is one of the largest employment generators in the country. However, there are huge gaps when it comes to availability of quality manpower in this industry due to lack of formal education and overall industry perception. Safexpress intends to fill these gaps by way of providing quality education, which has a right balance of theoretical and practical training in supply chain & logistics." ~ Divya Jain, Director - Safeducate

In sales, what you know is as important as who you know. ~ Kelley Robertson

When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain? ~ Charlie Munger

One of the reasons why looking at return on capital is important is that it keeps you out of the value traps. ~ Joel Greenblatt

Make your life a mission - not an intermission. ~ Anonymous

Intelligence without ambition is a bird without wings. ~ Anonymous

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price. ~ Robert Orben

The British consider themselves superior to the rest of the world while the French consider the rest of the world inferior to them. ~ Anon

An organization that takes 50 small decisions at the front will always be more effective than that takes five big decisions at the top. ~ Vineet Nayar

Our acquisition preferences run toward businesses that generate cash, not those that consume it.~ Warren Buffett

We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist. ~ Warren Buffett

A committee is a group that keeps minutes and loses hours. ~ Milton Berle

Do not worry about avoiding temptation. As you grow older it will avoid you. ~ Joey Adams

Projections should be handled with care - particularly when they're being provided by someone who has an interest in misleading you. ~ Charlie Munger

All life is an experiment. The more experiments you make the better. ~ Anonymous

We're addicted to having no time because we don't know what to do with it once we get some. ~ Anonymous

Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you know your judgment is sound, act on it - even though others may hesitate or differ. You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right ~ Benjamin Graham

Do not dwell in the past, do not dream of the future,, concentrate the mind on the present moment. ~ Anonymous

Don't ask for a light load, but rather ask for a strong back. ~ Anonymous

Turnarounds seldom turn, and that the same energies and talent are much better employed in a good business purchased at a fair price than in a poor business purchased at a bargain price. ~ Warren Buffett

The difference between a good business and a bad business is that good businesses throw up one easy decision after another. The bad businesses throw up painful decisions time after time. ~ Charlie Munger

Move beyond the carrot and stick - Don't settle for less when it comes to personal motivation. ~ Scott Blanchard

Good intentions are not enough. They've never put an onion in the soup yet. ~ Sonya Levien

I don't remember the commencement speaker at my graduation. Do you? ~ Becky Gaylord

Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.~ Zig Ziglar