Sunday, February 13, 2011

What is important

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.

- George Soros

Sunday, February 6, 2011

It is not always easy to do what's not popular

It's not always easy to do what's not popular, but that's where you make your money. Buy stocks that look bad to less careful investors and hang on until their real value is recognized.

- John Neff

Don't be afraid to be a loner

Don't be afraid to be a loner but be sure that you are correct in your judgment. You can't be 100% certain but try to look for the weaknesses in your thinking.

- Walter Schloss

Friday, February 4, 2011

Good is always not good

A good business is not always a good purchase - although it's a good place to look for one.

- Warren Buffett

Keep playing

The important thing is to keep playing, to play against weak opponents and to play for big stakes.

- Warren Buffett

Work like a dog

If inflation continues to soar, you're going to have to work like a dog just to live like one.

- George Gobel