Thursday, October 23, 2008

Get it right, get it quick, get it out, and get it over

Warren Buffet's precious words!

The most important quality for an investor is temperament, not intellect... You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

It's optimism that is the enemy of the rational buyer.

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

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Saturday, October 18, 2008

What can China do with its $2 Trillion reserves

Enforce its mighty muscle power on the world stage!

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Sunday, October 12, 2008

Why aren't you rich yet! Actually why am I not rich yet!

It is surprising - we know all of this and oops yet we do it again! :)

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Saturday, October 11, 2008

Economy 101

World's important institutions