Monday, November 12, 2007

Quotes from Warren Buffet

- In the business world, the rear view mirror is always clearer than the windshield.

- Look at market fluctuations as your friend rather than your enemy.. profit from folly rather than participate in it.

- Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be mis-appraised.

- Our favourite holding period is forever.

- Wide diversification is only required when investors do not understand what they are doing.

- Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

- We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

- Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful"

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