Tuesday, June 30, 2009

Jason Zweig

People who invest, make money for themselves. People who speculate, make money for their brokers. - Jason Zweig

Monday, June 29, 2009

Jason Zweig

Some of your trades might make money, most of your trades will lose money, but your broker will always make money. - Jason Zweig

Saturday, June 27, 2009

Jason Zweig

Day trading – holding stocks for a few hours at a time – is one of the best weapons ever invented for committing financial suicide. - Jason Zweig

Friday, June 26, 2009

Benjamin Graham

“We have seen much more money made and kept by ‘ordinary people’ who were temperamentally well suited for the investment process than by those who lacked this quality, even though they had an extensive knowledge of finance, accounting and stock market lore.” - Benjamin Graham, ‘The Intelligent Investor’

Tuesday, June 23, 2009

Friedrich Nietzsche

“In individuals, insanity is rare. But in groups, parties, nations and epochs, it is the rule.” - Friedrich Nietzsche

Warren E Buffett

“Nothing sedates rationality like large doses of effortless money.”- Warren E Buffett

Monday, June 22, 2009

Old Wall Street proverb: “No price is too high for a bull or too low for a bear.”

Saturday, June 20, 2009

“Stocks are bought on expectations – not on facts.”

Friday, June 19, 2009

John Maynard Keynes

“The market can stay irrational longer than you can stay solvent.” - John Maynard Keynes

Thursday, June 18, 2009

Stock Market Analysis

l In the short run, the stock market cannot be analysed.

l In the long run, it need not be analysed!

Wednesday, June 17, 2009

Larry Swedroe

“There is nothing new in the markets, only the history you haven’t read.”
- Larry Swedroe (US investment advisor)

Tuesday, June 16, 2009

Benjamin Graham

No statement is more true and better applicable to Wall Street than the famous warning of Santayana: “Those who do not remember the past, are condemned to repeat it.” - Benjamin Graham

Monday, June 15, 2009

Warren Buffett

“Derivatives are financial weapons of mass destruction” - Warren Buffett

Saturday, June 13, 2009

Nani A Palkhivala

We are not poor by nature but poor by policy. You would not be far wrong if you called India the world’s leading expert in the art of perpetuating poverty. - Nani A Palkhivala

Friday, June 12, 2009

A brief insight into Indian taxation

A brief insight into Indian taxation
If you drive a car,
I’ll tax the street;
If you try to sit,
I’ll tax the seat.
If you get too cold,
I’ll tax the heat;
If you love to walk,
I’ll tax your feet!
- Nani A Palkhivala

Thursday, June 11, 2009

Benjamin Graham

“No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong.” - Benjamin Graham

Wednesday, June 10, 2009

“The future value of every investment is a function of its present price. The higher the price you pay, the lower your return will be.”

Tuesday, June 9, 2009

Benjamin Graham

“A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.” - Benjamin Graham

Monday, June 8, 2009

Benjamin Graham

Wall Street people learn nothing, and forget everything. - Benjamin Graham

Saturday, June 6, 2009

Benjamin Graham

Wall Street people learn nothing, and forget everything. - Benjamin Graham

Wednesday, June 3, 2009

Aldous Huxley

Facts do not cease to exist, just because they are ignored - Aldous Huxley

Tuesday, June 2, 2009

There are old pilots. And there are bold pilots. But there are no old, bold pilots!

Monday, June 1, 2009

Warren Buffett

Risk comes from not knowing what you are doing - Warren Buffett