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Posted: 21/Mar/2007 at 1:07pm
My impression is that to make money, you have to hold a position with conviction. That is very difficult when you are following someone else. – Bruce Kovner.
Joined: 01/Jan/2006
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Posted: 21/Mar/2007 at 10:49pm
When I trade, I don’t just use a price stop, I also use a time stop. If I think a market should break, and it doesn’t, I will often get out even if I am not losing any money. – Paul Tudor Jones.
'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
Joined: 13/Oct/2006
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Posted: 21/Mar/2007 at 8:51am
as a general rule it is foolish to do what other poeple are doing because there are almost sure to be too many people doing the same thing-wiiliam stanley jones
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
If you can find a company that can get away with raising prices year after year without losing customers (an addictive product such as cigarettes fills the bill), you've got a terrific investment."
Peter Lynch
"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
Joined: 06/Sep/2006
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Posted: 23/Mar/2007 at 1:27pm
Yes that one is really original and true Kulman jee.
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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