If you want to understand literature, you study the great authors;
music, the great composers. Why, then, do investment courses
ignore the great investors and instead preach the efficient market
theory, which tells us no one can beat the market and ignores
those who do?
- Don Phillips, Morningstar CEO, TheStreet.com
August 9, 2000
When you buy what you don't understand, you're gambling that
what you don't know won't hurt you.
- Ken Gregory, Kiplinger's,
October 2003
If we're right about a business, the macro factors aren't going
to make any difference. If we're wrong about a business, the
macro factors aren't going to bail us out.
- Warren Buffett, Outstanding Investor Digest
December 10, 1999
life's quotes
"... And in that distance, the division between the seer and the thing seen, in that division the whole conflict of man
exists".
- J. Krishnamurthy
I know of no more encouraging fact than the unquestionable ability of man to elevate his life by conscious endeavour
- Henry David Thoreau
Never lose a holy curiosity
- Albert Einstein
Some men see things as they are and say "Why?' I dream of things that never were, and say. "Why not?"
- G.B. Shaw
"Of all tyrannies a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."
- C.S. Lewis