Reader, Twitter and Investor Words to Live By

Posted On 3:05 PM by Scott Costello |

I discovered Google Reader today, which is great for keeping track of all your RSS feeds (Blogs and news sites). So spent the morning messing around with that, it's great and will allow me to read all my blogs in one spot. I also messed around with twitter for a little bit, looks promising but I just have to figure out how to effectively use it to help me network. That's about all I did today, so I'll leave you with some wise Investor Words to Live By...

* Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

* Only when the tide goes out do you discover who’s been swimming naked.

* Our favorite holding period is forever.

* Risk comes from not knowing what you’re doing.

* I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

* Wide diversification is only required when investors do not understand what they are doing.

* Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

* We will reject interesting opportunities rather than over-leverage our balance sheet.

* It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

* A public-opinion poll is no substitute for thought.

* The most important quality for an investor is temperament, not intellect… You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

* You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.

* I’ll make more mistakes in the future – you

* can bet on that. A line from Bobby Bare’s country song explains what too often happens with acquisitions:

* “I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few."
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3 Response to 'Reader, Twitter and Investor Words to Live By'
  1. Anonymous'> December 15, 2008 at 12:11 AM

    Mumbai bomb blast can be considered as one of the most horrible attack. Due to blast even Exchanges like Regards
    BSE and NSE are kept closed for one day.
    Now post attack we are getting news of resignations of various political leaders and officers. So is that another political move or there inner self is waking up??

    What you have to say about it??, Looks like some political move is there!!

    Now stock market will be affected by all political moves, though sentiments are not good but on technical charts market is quite bullish for very short term, still sentiments will effect Nifty movement. So all are advised to trade in small quantity and with strict stoploss till the picture is clear.

    Regards Team

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    On Google Talk: ShareTipsInfo1

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  2. SHARETIPSINFO'> January 4, 2012 at 12:12 AM

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  3. aditi'> June 20, 2016 at 5:28 AM

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