“Markets Fluctuate.”
General Information

“Markets Fluctuate.”

“Mr. Market gives you opportunities to buy above and below intrinsic value.” That Mr. Market should be your servant and not your master is the third of four bedrock principles of Ben Graham-style value investing.  Mr. Market is a bipolar maniac rather than a perfectly informed rational agent. Prices in markets will inevitably move rapidly […]

Warren E. Buffett
Thoughts

Warren E. Buffett

“The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do. For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.” Please follow and […]

Les Schwab
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Business Lessons From Les Schwab

“I think the biggest misconception the public has about a successful businessman is he is working for more money. You won’t find many truly successful ones that are greedy.” “I’ve always wanted to be the best tire dealer, not necessarily the largest tire dealer.” “I told my managers .. ‘If you don’t do for your employees what I have done for you, then this company […]

Benjamin Graham
Thoughts

Benjamin Graham on Value Investing by Janet Lowe, 1994

“Investor do not make mistakes, or bad mistakes, in buying good stocks at fair prices,” Graham said. “They make their serious mistakes by buying poor stocks, particularly the ones that are pushed for various reasons. And sometimes- in fact  very frequently-they make mistakes by buying good stocks in the upper reaches of bull markets.” Please […]

CARL SAGAN
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CARL SAGAN

 “Extraordinary claims require extraordinary evidence.” “It seemed so heady and promising, such an interesting future. But as I learned a little bit more about the properly skeptical attitudes of science and how often we deceive ourselves, I began to look at this with much more skepticism.” “And people were in their heart of hearts worried […]

Peter Drucker
Thoughts

Peter Drucker got to the heart of things

“I will tell you a secret: Deal making beats working. Deal making is exciting and fun, and working is grubby. Running anything is primarily an enormous amount of grubby detail work . . . deal making is romantic, sexy. That’s why you have deals that make no sense.” Please follow and like us:0

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