“Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.” - Napoleon Hill
Saturday, 18 June 2016
Friday, 17 June 2016
Quote for the day
"A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies." - Harry Markowitz
Thursday, 16 June 2016
Quote for the day
"People are, by and large, quite poor at judging correct absolute values but are astute about determining relative values. Psychologists call this coherent arbitrariness, which suggests that individuals are coherent when they compare prices on a relative basis but arbitrary when those prices are considered versus fundamental value." - Michael Mauboussin
Wednesday, 15 June 2016
Quote for the day
"In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble." - James K. Glassman
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