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.”

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