Since the Markets are currently giving us the rough end of the stick, I thought it would be useful to dredge out some nuggets from the great Master Warren Buffett's repertoire, which hopefully would further strenghthen our resolve to keep the faith and bide better times ahead.
-THE STOCK MARKET IS A NO-CALLED-STRIKE GAME. YOU DON’T HAVE TO SWING AT EVERYTHING – YOU CAN WAIT FOR YOUR PITCH. THE PROBLEM WHEN YOU’RE A MONEY MANAGER IS THAT YOUR FANS KEEP YELLING, ‘SWING, YOU BUM!’”
-I NEVER ATTEMPT TO MAKE MONEY ON THE STOCK MARKET. I BUY ON THE ASSUMPTION THAT THEY COULD CLOSE THE MARKET THE NEXT DAY AND NOT REOPEN IT FOR FIVE YEARS.
-YOU CAN’T MAKE A GOOD DEAL WITH A BAD PERSON.
-IF CALCULAS OR ALGEBRA WERE REQUIRED TO BE A GREAT INVESTOR, I’D HAVE TO GO BACK TO DELIVERING NEWSPAPERS
-NO MATTER HOW GREAT THE TALENT OR EFFORTS, SOME THINGS JUST TAKE TIME. YOU CAN’T PRODUCE A BABY IN ONE MONTH BY GETTING NINE WOMEN PREGNANT
-IF WE CAN’T FIND THINGS WITHIN OUR CIRCLE OF COMPETENCE, WE DON’T EXPAND THE CIRCLE. WE’LL WAIT
-SOMEONE IS SITTING IN THE SHADE TODAY BECAUSE SOMEONE PLANTED A TREE A LONG TIME AGO
-IT’S ONLY WHEN THE TIDE GOES OUT THAT YOU LEARN WHO’S BEEN SWIMMING NAKED
-NEVER ASK A BARBER IF YOU NEED A HAIRCUT
-I’VE NEVER SWUNG AT A BALL WHILE IT’S STILL IN THE PITCHER’S GLOVE
Dear Readers, chew on the above words of wisdom from the Master; brave the onslaught that Markets sometimes favour us with; and come out STRONGER. |
No comments:
Post a Comment