“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.”
“Behind every stock is a company. Find out what it’s doing.”
“Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.”
“Know what you own, and know why you own it.”
“If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.”
“In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.”
“Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it.”
“Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part-ownership of a business.”
No comments:
Post a Comment