Some famous thoughts for your weekend consideration
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posted on
Jun 13, 2014 07:57PM
The key to making money in stocks is not to get scared out of them. Peter Lynch
Our favorite holding period is forever. Warren Buffett
I like to tell people that all of our products and business will go through three phases. There's vision, patience, and execution. Steve Ballmer
I think in business, you have to learn to be patient. Maybe I'm not very patient myself. And I think what I've learned the most is be able to wait for something and get it when it's the right time. Bernard Arnault
“This idea of anticipation is key to investing and to business generally. You can’t wait for an opportunity to become obvious. You have to think, “Here’s what other people and companies have done under certain circumstances. Now, under these new circumstances, how is this management likely to behave?” Eddie Lampert
“The individual investor should act consistently as an investor and not as a speculator. This means that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money’s worth for his purchase.” Benjamin Graham