“There is no finer investment for any community than putting milk into babies.” – Winston Churchill
“Models work when they are appropriate for the particular circumstance, but some of the best investment judgments over time have come when people recognized that models derived in other periods were broken or not directly relevant.” – Abbey Joseph Cohen
Great Idea + Great Manager + Great Price = Great Investment Results
Own not the most, but the best.
The definition of a great company is one that will remain great for many, many years.
Focus on return on equity, not on earning per share.
The secret of long-term investment success is benign neglect. Don’t try too hard. Much success can be attributed in inactivity.
An investor’s worst enemy is not the stock market but his own emotions.
The safe way to double your money is to fold it over once and put it in your pocket. -Frank Hubbard
When buying shares, ask yourself, would you buy the whole company?
Every day I get up and look through the Forbes list of the richest people in America. If I’m not there, I go to work. -Robert Orben
If inflation continues to soar, you’re going to have to work like a dog just to live like one. -George Gobel
One way to end up with $1 million is to start with $2 million and use technical analysis. ~Ralph Seger
Inflation hasn’t ruined everything. A dime can still be used as a screwdriver.
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. -Jesse Livermore
Do not value money for any more nor any less than its worth; it is a good servant but a bad master.