Get up
Falling isn”t failing unless you don”t get back up. Earl Nightingale – American publisher (1921-1989), Quotations book 2007
All Quotes
Selection
It is only occasionally that there is any reason for selling (carefully selected stocks) at all. Philip A. Fisher – Growth-Investor and mentor of Warren Buffett (1907-2004), Quotations book 2007
Seven social sins
1. Wealth without work 2. Pleasure without conscience 3. Knowledge without character 4. Commerce without morality 5. Science without humanity 6. Worship without sacrifice 7. Politics without principle Mahatma Gandhi – Indian politician (1869-1948), Quotations book 2007
Power of Managers
In the modern corporation the decisive power, that of the managers, is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power. Peter F. Drucker – Austrian-born American Management expert (1909-2005), Quotations...
Networking
Always look for a neighbour before you look for a house. Wisdom – Quotations book 2007
Investment strategy
Whenever you sell a stock, thinking it will go down, somebody else has to buy it, thinking it will go up. One of you is wrong – every time. That’s why you always have to think about, if and why you are on the right side of the trade. An that is why you have to start with a systematic search strategy and not with coincidence. Bruce C. Greenwald – American professor for finance and asset...
Priorities
I am generous with my money and stingy with my time. Nandan Nilekani – Indian entrepreneur, CEO at Infosys (b. 1955), Quotations book 2007
Mutual Funds
There was only one place to make money in the mutual fund business – as there is only one place for a temperate man to be in a saloon, behind the bar and not in front of it… so I invested in a management company. Paul A. Samuelson – American economist, Nobel-Memorial Prize in economic sciences 1970 (1915-2009), Quotations book 2007
Evaluation
A fool often fails because he thinks what is difficult is easy, a wise man because he thinks what is easy is difficult. John Churton Collins – British writer (1848-1908), Quotations book 2007
Have everything
You can”t have everything. Where would you put it? Steven Wright – American Comedian and actor (*1955), Quotations book 2007
WIN!
· Get in Front of Wealth. · Represent the Firm in Areas Where You Have Conviction. · Ask for the Business. · Know Your Customer. · Use the Firm’s Resources Wisely. · Don’t Procrastinate! · If You Don’t Know the Answer, Say So, Then Get It. · When in a Gray Area, See Your Manager. · Help Your Colleagues. · Contribute to the Firm & the Department. · Treat Your Assistant as a Partner. · Be...
Winning
You never win alone. Once you start believing something different, you start loosing. Mika Häkkinen – Finnish former Formula One-racing driver (b. 1968), Quotations book 2007
Concentration
It’s better to do a lot of work on one idea, than do some work on a lot of ideas. Mike Onghai – American investor (b. 1970), Quotations book 2007
The proper ambition
The Reverend Fred Craddock, a remarkable preacher from Georgia, may have been imagining things –the way preachers are wont to do – but he says this story really happened. Dr. Craddock was visiting in the home of his niece. There was this old greyhound dog there, just like the ones who race around a track chasing those mechanical rabbits. His niece had taken the dog in to prevent it from being...
Wait a while
There is an old adage in investment lore that says, “Buy when blood is in the streets.” Actually, it is sometimes best to wait a while. An investor did not have to buy during the riots in the streets of Watts; a year later was time enough to catch the lowest prices and make a fortune. James B. “Jim” Rogers – American star investor, business columnist and...
Statistics
He uses statistics as a drunken man uses lamp posts – for support rather than illumination. Andrew Lang – Scottish writer (1844-1912)
The Ten Commandments (Version by Martin Luther)
1. I am the Lord thy God, which have brought thee out of the land of Egypt, out of the house of bondage. 2. Thou shalt have no other gods before me. Thou shalt not make unto thee any graven image, or any likeness of any thing that is in heaven above, or that is in the earth beneath, or that is in the water under the earth. Thou shalt not bow down thyself to them, nor serve them; for I the...
False security
You have acquired a false security, and it is this false security on which you live that causes your feelings of inferiority. One lives wrapped in cotton, protected from the cold and heat. It is not good never to be cold or hot. Dr. Carl Gustav Jung – Swiss psychologist (1875-1961)
Decision to invest
The decision to invest in one place rather than another, in one productive sector rather than another, is always a moral and cultural choice. Pope John Paul II – born Karol Wojtyła, Holy Father 1978-2005 (1920-2005), from “Centesimus Annus” (1991), Quotations book 2003