DISQUS

perros · 1 year ago

Warren Buffet has some of the best quotes out there, and some pretty solid wisdom to back it up. The rule about never losing money - great rule, but hard to stick to all the time if you're betting in the short run.

James Wilcox · 1 year ago

I love the comment by Richard Branson, that's priceless wisdom.

Jorge · 1 year ago

I love the Branson quote. Seems to be a fairly down to earth fellow from what I've seen. His interview on The Colbert Report was priceless.

Jorge · 1 year ago

Yeah it is. His diversification saying really hits home though. So many folks claim diversification is the best method to manage risk in your portfolio, but I figure some common sense could be a bit more beneficial. Only someone not in tune with the markets right now would have money invested in the financial sector, for example (although it looks as if they may be bottoming... next week should be interesting).

Franklin · 1 year ago

Jorge, about the financial sector - If you read the quote by Philip Fisher, you can see that price is not everything. besides, when you talk about Ben Graham or Warren Buffett, value investing has to be around somewhere. And financials is where the value is right now. Most of them are trading below value, which is also why ADIA agreed to invest $7.5 billion in Citigroup.