Investment Diversification

"Wide diversification is only required when investors do not understand what they are doing."
................. Warren Buffett

Why stock go up

"I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies."
.................... Peter Lynch

Being wrong

"Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes."
...................George Soros

Circumstance and Temper

"He is happy whom circumstances suit his temper; but he Is more excellent who suits his temper to any circumstance."
................. David Hume

Price and Value

"Price is what you pay. Value is what you get."
........... Warren Buffett

If you really are smarter

"If you really are smarter than others, show them with your actions. "
..............Napoleon Hill

Wonderful Company, Fair Price.

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
................ Warren Buffett

Before you act

"Before you speak, listen.
Before you write, think.
Before you spend, earn.
Before you invest, investigate.
Before you criticize, wait.
Before you pray, forgive.
Before you quit, try.
Before you retire, save.
Before you die, give."
...........................William Arthur Ward

Miracle

"When we do the best we can, we never know what miracle is wrought in our life, or the life of another.""
...... Helen Keller

Investing rules

"Rule No. 1: Never lose money.
Rule No. 2: Never forget Rule No. 1."
..... Warren Buffett

Design is how it works

"Design is not just what it looks like and feels like. Design is how it works."
....... Steve Jobs

Experience is ....

"Experience is not what happens to a man.It is what a man does with what happens to him."
....... Aldous Huxley

Investment in Knowledge

""If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest."
...... Benjamin Franklin

Investing is simple

"Investing is simple, but not easy."
.... Warren Buffet

Think

"All the problems of the world could be settled easily if men were only willing to think. The trouble is that men very often resort to all sorts of devices in order not to think, because thinking is such hard work."
............ Thomas J. Watson

Which month for the market?

"October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February." ..........Mark Twain

Changing the world

"Everyone thinks of changing the world, but no one thinks of changing himself."
...... Leo Tolstoy

Innovation and Discipline

"To turn really interesting ideas and fledgling technologies into a company that can continue to innovate for years, it requires a lot of disciplines."
..... Steve Jobs

Early Bird and Early Worm

"I think we consider too much the good luck of the early bird and not enough the bad luck of the early worm." ...... Franklin D. Roosevelt

Market Sentiments

"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets."
... Peter Lynch

Obscurity and discussion

"In one case out of a hundred a point is excessively discussed because it is obscure; in the ninety-nine remaining it is obscure because it is excessively discussed."
..... Edgar Allan Poe



[This is a scan of a very old photo on print, at a park in New Zealand.]

Be an investor, not speculator

"The individual investor should act consistently as an investor and not as a speculator. This means... that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase. "
... Benjamin Graham

[First meal in Korea on a tour.]

Buy stock at the bottom ?

"When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom. "
... Peter Lynch

Lemonade

"When fate hands you a lemon, make lemonade." ..... Dale Carnegie

Don't do unto others ......

"Don't do unto others what you don't want others do unto you."
......... Confucius

What is Management ?

"Most of what we call management consists of making it difficult for people to get their work done."
...... Peter F. Drucker

Wealth

"Wealth is not his that has it, but his that enjoys it."
..... Benjamin Franklin

Investing and Anticipating

"Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone."
........ Sigmund Freud


"Successful investing is anticipating the anticipations of others."
.... John Maynard Keynes

Investing and IQ

"Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ."
....... Warren Buffett

Desires and Means

"Bring your desires down to your present means. Increase them only when your increased means permit. " ...... Aristotle

What you are ...

"What you are speak so loudly that I cannot hear what you say."
......... Ralph Waldo Emerson