Quotes
Bruce Lee – “It’s not the daily increase but daily decrease. Hack away at the unessential.”
Are we having too much clutter at home? Are we adding more material things into our life but not necessary needing them? Are we spending our time aimlessly watching TV or surfing the internet?
We have limited time and one life. We must learn to stop wasting our time and money on unnecessary things. Discard them [...]
Warren Buffett – "Never count on making a good sale…"
“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” ~ Warren Buffett
Warren Buffett was greatly influenced by Benjamin Graham with his concept of margin of safety. By buying a stock at a huge discount, you are quite certain that a little price [...]
Buddha – "When the student is ready, the teacher will appear"
When I first encountered this quote, I did not find any meaning in it. I thought the teacher has to be proactive in teaching others and in the process, the student will learn. If the teacher never take action, the student never learn.
It was only recently that I gain some understanding. Most of us, if [...]
Warren Buffett – "In evaluating people, you look for three qualities…"
Full quote – “In evaluating people, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you”
When investing in a business, Buffett seriously considers the people managing the company. He understands with good leadership, the company can grow and continue to be relevant in [...]
Peter Lynch – "I've found that when the market's going down and you buy funds wisely, at some point you will be happy…"
Full quote – “I’ve found that when the market’s going down and you buy funds wisely, [...]
Warren Buffett – "I always knew I was going to be rich…"
Full quote – “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
There you go. I can sense the law of attraction in action. It is so important to have positive beliefs, and the act itself is the first step to realizing your goals. I believe [...]
Albert Einstein – "Imagination is more important than knowledge"
Imagining is not dreaming. Maybe to an extent but it is more than that. Imagining is being creative. We owe all the inventions and development to imagination, without which, I bet we will still be cavemen. Knowledge is important but imagination is even more important.
Imagination deals with the future and knowledge deals with the past. [...]
Warren Buffett – "Be fearful when others are greedy…"
Full quote – “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
Investors being humans, are susceptible to be under the control of their own emotions. We are often driven by 2 of the most powerful emotions – fear and greed. During a bull run, investors [...]
John D. Rockefeller – "The way to make money…"
Full quote – “The way to make money is to buy when blood is running in the streets.”
Baron Rothschild has a similar quote in 1871 – “Buy when there’s blood in the streets.”
This is a famous quote and often held dearly to the hearts of value investors. It is indeed true that every calamity gives [...]
