Quotes from investors
1. There are only two rules of investing: Rule #1: Don’t lose money and Rule #2: Don’t forget Rule #1. (Warren Buffet)
2. Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. (Warren Buffet)
3. Value investing is so simple that it makes people reluctant to teach it. If you've gone and gotten a PhD and spent several years learning tough mathematics, to have to come back to this is like studying for the priesthood and then finding out that the Ten Commandments were all you needed. (Warren Buffet)
4. Stocks were never distributed on the way up...they were distributed on the way down. The reasoning was simple-people will not take losses, the public will hold on their stock as it drops & wait until it rallies back to the price where they bought it so they can sell it!
2. Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. (Warren Buffet)
3. Value investing is so simple that it makes people reluctant to teach it. If you've gone and gotten a PhD and spent several years learning tough mathematics, to have to come back to this is like studying for the priesthood and then finding out that the Ten Commandments were all you needed. (Warren Buffet)
4. Stocks were never distributed on the way up...they were distributed on the way down. The reasoning was simple-people will not take losses, the public will hold on their stock as it drops & wait until it rallies back to the price where they bought it so they can sell it!
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