Thursday, September 22, 2011

Charlie Munger

"You're looking for a mispriced gamble.

That's what investing is.

And you have to know enough to know whether the gamble is mispriced.

That's value investing."

- Charlie Munger

Wednesday, January 16, 2008

Investments Thoughts

If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what`s going to happen to the stock market.
- Benjamin Graham

A single conversation with a wise man is better than ten years of study.
~Chinese Proverb

Investing is a strange business. It's the only one we know of where the more expensive the products get, the more customers want to buy them.
- Anthony M Gallea

The investor’s chief problem - and even his worst enemy - is likely to be himself - Benjamin Graham

When asked what he considered man's greatest discovery, Albert Einstein replied without hesitation: "Compound interest!"

I never ask if the market is going to go up or down next month, I know that there is nobody that can tell me that.
- Sir John Templeton

Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little.
- Fred Schwed Jr

If a little money does not go out, great money will not come in – Confucius

Emotions are your worst enemy in the stock market – Don Hays

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day & not reopen it for five years – Warren Buffet

Now is always the most difficult time to invest – anonymous

One of the funny things about the stock market is that every time one person buys, another sells, & both think they are astute – William Feather

An investment in knowledge always pays the best interest – Benjamin Franklin

Bulls make money. Bears make money. Pigs get slaughtered. – Anonymous

Before you invest, investigate – William Arthur Ward

A naked truth is better than a well-dressed lie.