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A couple of days ago I posted a link to an article entitled, “Here’s A Switch: American’s Who Don’t Spend”. The article talked about the current shift in American spending patterns towards more frugal purchases. Today I was reading some of the user comments below the article and found someone had posted a wise bit of [...]
”Never invest in any idea you can’t illustrate with a crayon.” -Peter [...] “Wall Street people learn nothing and forget everything.” -Benjamin Graham “Some people seem to think there’s no trouble just because it hasn’t happened yet. If you jump out the window at the 42nd floor and you’re still doing fine as you pass the 27th floor, that doesn’t mean you don’t have a serious problem. I would want to address the problem right now.” -Charlie Munger “There are all kinds of businesses that I don’t understand, but that doesn’t cause me to stay up at night. It just means I go on to the next one, and that’s what the individual investor should do.” - Warren Buffett
“Bull markets are born on pessimism, grow on skepticism, mature on – Sir John Templeton |
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