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Saturday, May 2, 2009

  • “ A stock broker is one who invests other people’s money until its all gone.”
    -Woody Allen, American Film Maker
  • “ Average investors who try to do a lot of trading will only make their brokers rich.”
    -Michael Jenson, Finance Professor -Harvard.
  • “ To the investment manager, soft dollars are someone else’s money and hard dollars are your own.” -Dean own.”Ibid.
  • “ Nobody works as hard for his money as the man who marries it.”
    -Kin Hubbard, 1868-1930, American Journalist.
  • “ There are three classes of people who don’t think markets work: the Cubans, the North Koreans and the active find managers.”-Rex Sinquefield, Dimensional Fund Managers.

  • “ It is difficult to find a portfolio to find a portfolio manager who will continue to provide superior performance after he is retained”-Eugene B. Burroughs
  • “ We have two classes of forecasters: Those who don’t know and those who don’t know they don’t know.”-Jhon Kenneth Galbraith.
  • “ The periods of boredom have grown shorter and shorter-and the terrors last a bit longer.”
    -Arthur Cashin, Floor Broker, New York Stock Exchange.
  • “ Stocks are bought on expectations, not facts.”
    -Gerald M. Loeb
  • “ I never attempt to make money on the Stock Market. I buy on the assumption that they could close the market the next day the next day not reopen it for five years.” -Warren Buffet.

  • “ Give me a stock clerk with a goal and I’II give you a man who will make history. Give me a man with no goals and I’II give you a stock clerk.” -James Cash.
  • “ Sometimes your best investments are the ones you don’t make.’ -Donald Trump.

  • “ Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.” -Warren Buffet.

  • “ Gambling with cards or dice or stock is all one thing. It’s getting money without giving an equivalent for it .” Henry Ward Beecher.
  • “ Never make forecasts, especially about the future.” -Samuel Goldwin.

  • “ Sell to the sleeping point.—if you are troubled by an investment but still desire to hang onto it,sell just enough so that you can feel that you’ve ‘dealt’ with the anxiety and can calmly sleep at night, but you’ve kept enough to feel comfortable with what you have left.”
  • “ Obvious prospects for physical growth in a business do not translate into obvious profits for investors” -Ben Graham in The Intelligent Investor.

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