If you don’t understand a business, don’t buy it.
Warren Buffet Quotes
Remember that degree of difficulty does not count in investing. Look for long lasting companies with predictable business models
Remember that degree of difficulty does not count in investing. Look for long lasting companies with predictable business models
Don’t own any stock that would cause you to panic and dump your shares if the price falls by 50 percent.
Don’t own any stock that would cause you to panic and dump your shares if the price falls by 50 percent.
Think 10 years, rather than 10 minutes. If you aren’t prepared to hold a given stock for a decade, don’t buy it in the first place
Think 10 years, rather than 10 minutes. If you aren’t prepared to hold a given stock for a decade, don’t buy it in the first place
Don’t dwell on the price of stocks, instead study the underlying business, its earnings capacity, its future and so on..
Don’t dwell on the price of stocks, instead study the underlying business, its earnings capacity, its future and so on..
How long will you wait ? If we are in the right place, we will wait indefinitely.
How long will you wait ? If we are in the right place, we will wait indefinitely.
Once you get into the right business, you can let everyone else worry about the stock market.
Once you get into the right business, you can let everyone else worry about the stock market.
Look for a business that is doing the same thing today that was doing a decade ago.
Look for a business that is doing the same thing today that was doing a decade ago.
Don’t think about the stock in the short term. Think about the business in the long term.
Don’t think about the stock in the short term. Think about the business in the long term.
If you don’t have a good idea of what the business is going to be like in 10 years, then you do not understand the business.
If you don’t have a good idea of what the business is going to be like in 10 years, then you do not understand the business.