Jesse. Livermore’s opinion on investment vs speculation is really to the point: speculators want possibilities, while investors want value.
Category: Benjamin Graham
Complicated math is not a prerequisite in stock investing
Most people has a myth, complicated math play a key role to invest successful. Peter Lynch said “All the math you need in the stock market you get in the fourth grade.”
Charlie Munger, a great investor worth remembering
Buffett said: “Because Munger… made me go from an orangutan to a human being, if I didn’t know him, I would be much poorer than I am now!” Buffett said in a statement on Charlie Munger’s death: “Without Charlie’s inspiration, wisdom and Without participation, Berkshire would not be where it is today.”
Buffett’s first TV interview
I recently re-watched one of my favorite Buffett TV interview, the 1985 interview, which is only 7 minutes long but is very important
Investors should not trust forecasts
Buffett admits he has no ability to forecast In his 1966 letter to shareholders, Buffett set out his views on investor should care about company performance but not market performance. The following parts in italics are my complete excerpts: “I am not in the business of predicting general stock market or business fluctuations. If you … Continue reading “Investors should not trust forecasts”
Two or three stocks in your life can make you very rich
Two or three stocks in your lifetime can make you very rich. Excellent companies will still be excellent companies three to five years later. However, most people do not agree with this statement. They always think that the stock prices of excellent companies are always high, and this perception is not wrong. But investors always miss the forest for the trees, mistaking price for value and misplacing cause and effect.
Market volatility is investors’ friend
Market volatility is investors’ friend, The only certainty in the stock market is uncertainty
What helps Buffett to get his investment idea?
Where does Buffett get his investment idea? In Berkshire Hathaway’s 2003 shareholder meeting, Buffett unveiled how he get his investment idea.
Imitating great investors is the fastest and most effective way
Imitating great investors is the fastest and most effective way. What kind of person are you?
Investing is not voting
Investing is not voting, mentioned the phrase “investing is not voting” in three places in my book “The Rules of Super Growth Stocks Investing”: 1-5, 5-4, and postscript.