Friday, July 30, 2010

business famous quotes

“NO BODY WORKS AS HARD FOR HIS
MONEY AS THE MAN WHO MARRIES IT.”
KIN HUBBARD
1868 – 1930
- AMERICAN JOURNALIST

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“IT IS DIFFICULT TO FIND A PORTFOLIO MANAGER WHO WILL CONTINUE TO PROVIDE SUPERIOR PERFORMANCE AFTER HE IS RETAINED..”
- EUGENE B. BURROUGHS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ WE HAVE TO CLASSES OF FORECASTERS: THOSE WHO DON’T KNOW AND THOSE WHO DON’T KNOW THEY DON’T KNOW!!”
JOHN KENNETHGALBRAITH.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ THE PERIODS OF BOREDOM HAVE GROWN SHORTER AND SHORTER – AND THE TERRORS LAST A BIT LONGER..”
ARTHUR CASHIN
FLOOR BROKER
NEW YORK STOCK EXCHANGE


=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“STOCKS ARE BOUGHT ON EXPECTATIONS, NOT FACTS..”
- GERALD M. LOEB

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“IF YOU WOULD LIKE TO KNOW THE VALUE OF MONEY, GO AND TRY TO BORROW SOME..”
- BENJAMIN FRANKLIN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ WE HAVE TO CLASSES OF FORECASTERS: THOSE WHO DON’T KNOW AND THOSE WHO DON’T KNOW THEY DON’T KNOW!!”
JOHN KENNETHGALBRAITH.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“RULE NO. 1: NEVER LOSE MONEY.
RULE NO.2: NEVER FORGET RULE NO. 1”
- WARREN BUFFETT
- BERKSHIRE HATHAWAY
- CHAIR MAN


=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ WHEN EVEN THE ANALYSTS ARE BORED, ITS TIME TO START TO BUYING..”
- PETER LYNCH

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MOST INVESTORS DON’T EVEN STOP TO CONSIDER HOW MUCH A COMPANY DOES. ALL THEY LOOK AT ARE EARNINGS PER SHARE AND NET ASSETS PER SHARE..”
- KENNETH L FISHER

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ YOU DON’T NEED THE EXPERTISE OF A QUALIFIED ACCOUNTANT TO ACHIEVE SUCCESS!!”
-BERNICE COHEN.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“BULLS MAKE MONEY. BEARS MAKE MONEY. PIGS GET SLAUGHTERED..”
- ANONYMOUS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ DON’T TRY TO BUY AT THE BOTTOM AND SELL AT THE TOP. IT CAN’T BE DONE EXCEPT BY LIARS!!”
- BERNAD BAURACH

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“I MADE MY MONEY BY SELLING TOO SOON!!”
- BERNAD BARUCH

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ 99% OF FUND MANAGERS DEMONSTRATE NO EVIDENCE OF SKILL WHATSOEVER!!”
- BERNSTEIN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“GAMBLING WITH CARDS OR DICE OR STOCKS IS ALL ONE THING. ITS GETTING WITHOUT GIVING AN EQUIVALENT FOR IT..”
- - HENRY WARD BEECHER

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ BUY HIGH AND SELL LOW. WHAT INVESTOR SHOULD NOT DO, BUT IT HAPPENS FOR TOO OFTEN!!”
-ANONYMOUS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“IF YOU’RE GOING TO PANIC, PANIC EARLY!!!”
- ANONYMOUS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ MARKET TIMING: A PERILOUS PLOY!!”
- LADERMAN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THERE ARE TWO TIMES IN A MAN’S LIFE WHEN HE SHOULD NOT SPECULATE: WHEN CANT AFFORD IT AND WHEN HE CAN!!!”
- PUDD’N HEAD

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MARKETS CHANGE, TASTES CHANGE, SO THE COMPANIES AND INDIVIDUALS WHO CHOOSE TO COMPETE IN THOSE MARKETS MUST CHANGE!!”
- AN WANG

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“IF THE BUSINESS DOES WELL, THE STOCK EVENTUALLY FOLLOWS..”
- - WARREN BUFFET

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“I NEVER ATTEMPT TO MAKE MONEY ON THE STOCK MARKET. I BUY ON THE ASSUMPTION THAT THEY COULD CLOSE THE MARKET THE NEXT DAY AND NOT REOPEN IT FOR FIVE YEARS…”
- WARREN BUFFET

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

”GIVE ME A STOCK CLERKWITH A GOAL AND I’LL GIVE YOU A MAN WHO WILL MAKE HISTORY. GIVE ME A MAN WITH NO GOALS AND I’LL GIVE YOU A STOCK CLERK!!”
- JAMES CASH

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“SOMETIMES YOUR BEST INVESTMENTS ARE THE ONES YOU DON’T MAKE..”
- DONALD TRUMP

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MARKETS CHANGE, TASTES CHANGE, SO THE COMPANIES AND INDIVIDUALS WHO CHOOSE TO COMPETE IN THOSE MARKETS MUST CHANGE!!”
- AN WANG

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“NEVER MAKE FORECASTS, ESPECIALLY ABOUT THE FUTURE...”
- - SAMUEL GOLDWYN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“INSANITY IS DOING THE SAME THING OVER AND OVER WHILE EXPECTING DIFFERENT RESULTS!!!”
- ANONYMOUS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“WHAT WE HOPE EVER TO DO WITH EASE, WE MUST LEARN TO DO IT WITH DILIGENCE..”
- SAMUEL JOHNSON

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“TO KNOW THE WORLD ONE MUST CONSTRUCT IT..”
- CESARE PAVESE

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MARKETS CHANGE, TASTES CHANGE, SO THE COMPANIES AND INDIVIDUALS WHO CHOOSE TO COMPETE IN THOSE MARKETS MUST CHANGE!!”
- AN WANG

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“IF THE BUSINESS DOES WELL, THE STOCK EVENTUALLY FOLLOWS..”
- - WARREN BUFFET

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THEY TOLD ME TO BUY THIS STOCK FOR MY OLD AGE. IT WORKED WONDERFULLY. WITHIN A WEEK I WAS AN OLD MAN!!”
- ANONYMOUS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ACTION IS THE LAST RESOURCE OF THOSE WHO KNOW HOW TO DREAM!!”
- OSCAR WILDE

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE ROAD TO SUCCESS IN INVESTING IS PAVED WITH INDEPENDENCE OF SPIRIT, DECISIVENESS AND THE COURAGE OF ONE’S ACTION.”
- PETER L. BERNSTEIN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“WHAT ONE DOES EASILY, ONE DJOES WELL.!!”
- ANDREW CARNEGIE

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“PRACTICING THE GOLDEN RULE IS NOT A SACRIFICE; IT IS AN INVESTMENT.”
- - ANONYM

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“NO MATTER WHAT INFORMATION YOU HAVE, NO MATTER WHAT YOU ARE DOING, YOU CAN BE WRONG.”
- LARRY HITE

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“YOU CANNOTTEACH A AMAN ANYTHING; YOU CAN ONLY HELP HIM TO FIND WITHIN HIMSELF.”
- GALILEO GALILEI

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE INVESTOR’S CHIEF PROBLEM – AND EVEN HIS WORST ENEMY - IS LIKELY TO BE HIMSELF..”
- PETER LYNCH

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE ONLY WAY TO BEAT AN INDEX IS TO INVEST IN SOMETHING OTHER THAN THE INDEX. WHY WOULD YOU, WHEN THE ONLY SOURCE OF LONG-TERM RISK AND RETURN DATA IS THE INDEX?””
- HEBNER,MARK

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MARKET TIMING IS A WICKED IDEA. DON’T TRY IT EVER!!”
- - ELLLIS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MARKETS CAN REMAIN IRRATIONAL LONGER THAN YOU CAN REMAIN SOLVENT..”
- JOHN MAYNARD KEYNES

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ SINCE THE DAWN OF CAPITALISM, THERE HAS BEEN ONE GOLDEN RULE: IF YOU WANT TO MAKE MONEY, YOU HAVE TO TAKE RISKS!!”
- ANNOUNCER

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“INVESTOR MUST KEEP IN MIND THE DIFFERENCE BETWEEN A GOOD COMPANY AND A GOOD STOCK. AFTER ALL, YOU CAN BUY A GOOD CAR BUT PAY TOO MUCH FOR IT!!!”
- RICHARD THALE

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“BUY ON THE CANNONS, SELL ON THE TRUMPETS!!”
- OLD FRENCH PROVERB

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE FOUR MOST DANGEROUS WORDS IN INVESTING ARE, IT’S DIFFERENT THIS TIME..”
- - SIR JOHN TEMPLETON

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“DESIGN A PORTFOLIO YOU ARE NOT LIKELY TO TRADE…AKIN TO PREMARITAL COUNSELING ADVICE; TRY TO BUILD A PORTFOLIO THAT YOU CAN LIVE WITH FOR A LONG, LONG TIME.”
- ROBER D. ARNOTT

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ INVESTMENT PLANNING IS ABOUT STRUCTURING EXPOSURE TO RISK FACTORS!!”
- FAMA

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=


“IT IS THE PART OF A WISE MAN TO KEEP HIMSELF TODAY FOR TOMORROW, AND NOT VENTURE ALL HIS EGGS IN ONE BASKET!!”
- MIGUEL DE CERVANTES

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“RISK IS GOOD NOT PROPERLY MANAGING YOUR RISK IS A DANGERUOUS LEAP!!”
- EVENL KNIEVEL

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE ESSENCE OF EFFECTIVE PORTFOLIO CONSTRUCTION IS THE USE OF A LARGE NUMBER OF POORLY CORRELATED ASSETS..”
- - WILLIAM BERNSTEIN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE MOST PREDICTABLE THING ABOUT THE STOCK MARKET IS THE NUMBER OF EXPERTS WHO TAKE CREDIT FOR PREDICTING IT!!!”
-DAVE WEINBAUM

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ VALUE INVESTING – THE ART OF BUYING LOW AND SELLING LOWER.!!”
- ANON.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“P/E RATIO – THE PERCENTAGE OF INVESTORS WETTING THEIR PANTS AS THIS MARKET KEEPS CRASHING!!”
- ANON

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“EVERY SET OF PUBLISHED ACCOUNTS IS BASED ON BOOKS WHICH HAVE BEEN GENTLY COOKED OR COMPLETELY RROASTED.”
- IAN GRIFFITHS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“IT’S HUMAN NATURE TO FIND PATTERNS WHERE THERE ARE NONE AND TO FIND SKILL WHERE LUCK IS A MORE LIKELY EXPLANATION( PARTICULARLY IF YOU’RE THE LUCKY –MUTUAL FUND MANAGER-)..”
- - BERNSTEIN

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“TO INVEST BLINDLY IN THE TMT (TELECOM, MEDIA AND TECHNOLOGY) SECTOR IS A BIT LIKE ASSUMING SOMEONE’S BOUND TO BE GOOD AT CRICKET JUST BECAUSE THEY’RE AUSTRALIAN. IS LIKE !!!”
- JONATHAN MAITLAND

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ THE CHILDREN (OR DESIGNATED HEIRS) OF A GREAT CEO ARE ABOUT AS LIKELY TO EXCEL AS REPLACEMENT CEOS AS ARE ANY OF BEETHOVEN’S CHILDREN TO WRITE GREAT SYMPHONIES!!”
- ROBERT A G MONKS

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“A MARKET IS COMBINED BEHAVIOUR OF THOUSANDS OF PEOPLE RESPONDIGN TO INFORMATION, MISINFORMATION AND WHIM!!”
- KENNETH CHANG

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“EVERYONE HAS THE BRAINPOWER TO FOLLOW THE STOCK MARKET. IF YOU MADE IT THROUGH FIFTH-GRADE MATH, YOU CAN DO IT.”
- PETER LYNCH

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“I HAVE PROBABLY PURCHASED FIFTY ‘HOT TIPS’ IN MY CAREER, MAYBE EVEN MORE. WHEN I PUT THEM ALL TOGETHER, I KNOW I AM A NET LOSER!!”
- - CHARLES SCHWAB

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“THE FUNCTION OF PRESS IN SOCIETY IS TO INFORM. BUT ITS ROLE IN SOCIETY IS TO MAKE MONEY.”
- A.J. LIEBLING

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“ MONEY TALKS.... BUT ALL MINE EVER SAYS IS GOOD-BYE!!”
- ANONM.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“BEAR MARKET A 6 TO 18 MONTH
PERIOD WHEN THE KIDS GET NO ALLOWANCE, THE WIFE GETS NO JEWELRY AND THE HUSBAND GETS NO SEX!!!”
- ANON.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“MARKET CORRECTIO- THE DAY AFTER YOUBUY STOCKS!!”
- ANONM.

=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=%=

“DON’T GAMBLE TAKE ALL YOUR SAVINGS AND BUY SOME GOOD STOCK AND HOLD IT ‘TILL IT GOESUP, THEN SELL IT. IF IT DON’T GO UP, DON’T BUY IT..”
- - WILL ROGERS