Showing posts from August, 2013

Benjamin Graham

Individuals who cannot master their emotions are ill-suited to profit from the investment process. ~ Benjamin Graham

Charlie Munger

The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage. ~ Charlie Munger

Peter Lynch

If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. ~ Peter Lynch

Kelley Robertson

Executives don't care how much you know. They only want to know how much you can help them. ~ Kelley Robertson

Warren Buffett

Identifying bubbles is fairly easy. You don't know how big they will get and you don't know when they will pop. You don't know when midnight will hit, but when it does, it turns carriages to pumpkins and mice. What markets will do is pretty easy. When they will do it is more difficult. Some people want to stick around for the last dance, and they thought that a bigger fool would be just around the corner tomorrow. ~ Warren Buffett