Occupation: Businessman Birth: January 19, 1944
An important key to investing is to remember that stocks are not lottery tickets..
There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the funda….
Improved turnout will give parliament and government the appearance of being more legitimate..
When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increa….
There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it. Shun the enterprise around the co….
There is always something to worry about. Avoid weekend thinking and ignoring the latest dire predictions of the newscasters. Sell a stock because th….
It isn't the head but the stomach that determines the fate of the stockpicker..
Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage..
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it..
Hold no more stocks than you can remain informed on..
If a picture is worth a thousand words, in business, so is a number..
When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collect….
You just don't know when you can find the bottom..
The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results..
The best stock to buy is the one you already own..
Charts are great for predicting the past..
I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'.
All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage..
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actu….
Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business..
Visiting stores and testing products is one of the critical elements of the analyst's job..