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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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   Posted: 13/Sep/2006 at 6:45pm |
That's what I posted somewhere else: It is very difficult to understand and determine "who am I?". Mostly they end up buying high and selling low.
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I completly believe that... That is why i believe "EveryThing works"
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 13/Sep/2006 at 6:59pm |
OK Sir!! Everything Works!!
The point is guys buy at fancy valuations and would never sell thinking that it is a value-buy. They see that high-profile investors are still holding not knowing that those guys acquired it at 1/10th of their cost!!!
Besides, I came across many such peole who would borrow to buy (immitate high-profile's portfolio in to-to), and in the end sell low to meet margin calls. Of course due to such guys, we sometimes get "mouth-watering bargains" (this term is a borrowed one!) even in this bull run.
Again coming back to that Sprite or 7-up Ad: DIKHAVE PE MAT JAO, APNI AKAL LAGAO!!!
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 27/Jan/2007 at 11:59am |
Kulman you have reached 1000 messages ......congrats
As they say one needs a Spoon of chavanprash to start their day...but now we require a dose of Buffet daily in the morning!
BubbleVision
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 28/Jan/2007 at 12:44pm |
As they say one needs a Spoon of chavanprash to start their day...but now we require a dose of Buffet daily in the morning!
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Well said Bubblevision. That Buffet talk introduces me to a new perspective each day whether it is on compensation or RoE or avoiding businesses.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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Posted: 28/Jan/2007 at 3:54pm |
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Hey congratsssss Kulman ji. You are one of the spices of TED. Yummy!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 28/Jan/2007 at 3:58pm |
BasantJi.... those were your words... i just stole them
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 28/Jan/2007 at 7:20pm |
1000 se Ghalib ka ek khoobsurat sheyr yaad aaya:
hazaaroN KHwahishaiN aisee ke har KHwahish pe dam nikle
bahot nikle mere armaaN lekin fir bhee kam nikle
Thanks friends for your kind words. Though I'm playing role of a mere Daakiya (postman).
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Life can only be understood backwards—but it must be lived forwards
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deveshkayal
Senior Member
Joined: 04/Sep/2006
Online Status: Offline
Posts: 3903
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Posted: 28/Jan/2007 at 8:49pm |
Kulmanji, congrats for shifting from 3 digit to 4 digit hope to see 5 digit soon.
I too love Copy - Paste. Its the easiest thing man can do. You can visit www.thinkexist.com to find more than 300,000 quotations by over 20,000 authors and inspire us more. |
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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