Wealth Creation Thoughts
Here is some great food for financial thought -
- “Own not the most, but the best.
- Investing without research is like playing poker without looking at the cards.
- When a company president is ready to buy you lunch it is time to sell the stock.
- Stock maniacs do not create wealth, they transfer and destroy it.
- Though difficult to practice think ahead of the crowd.
- If you cannot find an attractive idea, put your money in the bank account till you get one.
- What the wise men do in the beginning, fools do in the end.
- Concentrate investments in a few great stocks and have fortitude to hold through price fluctuations.
- When you combine ignorance and borrowed money, the consequences can be disastrous.
- Risk comes from not knowing what you are doing.
- In reality, Patience is Crucial, but is a very Rare Investment Commodity.
- When the gap between perception and reality is the maximum price is the best.
- One of the hardest things to imagine is that you are not smarter than average.
- Successful investment is intrinsically independent in nature.”