- Stay Liquid: We will never become dependent on the kindness of strangers
- Buy when everyone else is selling
- Don’t buy when everyone is buying
- Value, Value, and Value : You are investing in a business (it has to do well, only good ones do)
- Don’t go by attractive products of the companies
- Don’t get suckered by big growth stories. (Avoid businesses whose futures we can’t evaluate, no matter how exciting their products may be)
- Understand what you own
- Defense beats offense
- A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful – WF
- World will not find you deals. You have to find the best deals/bargains-WF
Interesting fact: Warren Buffett bought Gillette shares because he knows that men never stop shaving.
Other good sayings:
Wealthy people do what others don’t –Yogesh Chabria
No comments:
Post a Comment