07-02-2014, 06:22 AM
Quote:Quote:Which value investor doesn't know how to spot a value stock? This has to be my favourite line:i have similar idea too. No one can be smarter than the Market.
If anyone can spot a value stock, but for how long?
The market usually knows it way ahead of you.
By the time you find it, it has not much IV left.
Maybe WB and people like him know it first before all of us (aka a bit too late already). NO?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.