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FAMOUS QUOTES

03/22/11
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“NO BODY WORKS AS HARD FOR

HIS
MONEY AS THE MAN WHO
MARRIES IT.”
-

- KIN HUBBARD
- 1868 – 1930
- AMERICAN JOURNALIST
03/22/11
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“IT IS DIFFICULT TO FIND A

PORTFOLIO MANAGER WHO WIL
CONTINUE TO PROVIDE
SUPERIOR PERFORMANCE AFTE
HE IS RETAINED..”

- EUGENE B. BURROUGHS

03/22/11
 “ WE HAVE TO CLASSES OF
4

FORECASTERS: THOSE WHO

DON’T KNOW AND THOSE
WHO DON’T KNOW THEY
DON’T KNOW!!”

JOHN
KENNETHGALBRAITH.

03/22/11
“ THE PERIODS OF BOREDOM
HAVE GROWN SHORTER AND
SHORTER – AND THE
TERRORS LAST A BIT
LONGER..”
-ARTHUR CASHIN
-- FLOOR BROKER

-- NEW YORK STOCK

EXCHANGE
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“STOCKS ARE BOUGHT ON

EXPECTATIONS, NOT FACTS..”
-

GERALD M. LOEB
-

03/22/11
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“IF YOU WOULD LIKE TO KNOW

THE VALUE OF MONEY, GO AND
TRY TO BORROW SOME..”

- BENJAMIN FRANKLIN

03/22/11
 “ WE HAVE TO CLASSES OF
8

FORECASTERS: THOSE WHO

DON’T KNOW AND THOSE
WHO DON’T KNOW THEY
DON’T KNOW!!”

JOHN
KENNETHGALBRAITH.

03/22/11
“RULE NO. 1: NEVER LOSE MONEY.
RULE NO.2: NEVER FORGET RULE
NO. 1”

-WARREN BUFFETT
-BERKSHIRE HATHAWAY

-CHAIR MAN
“ WHEN EVEN THE
ANALYSTS ARE BORED, ITS
TIME TO START TO
BUYING..”

PETER LYNCH
-
 “MOST INVESTORS DON’T EVEN 11

STOP TO CONSIDER HOW MUCH

A COMPANY DOES. ALL THEY
LOOK AT ARE EARNINGS PER
SHARE AND NET ASSETS PER
SHARE..”

- KENNETH L FISHER

03/22/11
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“ YOU DON’T NEED THE

EXPERTISE OF A QUALIFIED
ACCOUNTANT TO ACHIEVE
SUCCESS!!”

-BERNICE COHEN.

03/22/11
“BULLS MAKE MONEY. BEARS
MAKE MONEY. PIGS GET
SLAUGHTERED..”

- ANONYMOUS
“ DON’T TRY TO BUY AT THE
BOTTOM AND SELL AT THE
TOP. IT CAN’T BE DONE
EXCEPT BY LIARS!!”

- BERNAD BAURACH
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“I MADE MY MONEY BY
SELLING TOO SOON!!”

- BERNAD BARUCH

03/22/11
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“ 99% OF FUND MANAGERS

DEMONSTRATE NO EVIDENCE
OF SKILL WHATSOEVER!!”

- BERNSTEIN

03/22/11
“GAMBLING WITH CARDS OR DICE
OR STOCKS IS ALL ONE THING. ITS
GETTING WITHOUT GIVING AN
EQUIVALENT FOR IT..”

- HENRY WARD BEECHER

-
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“ BUY HIGH AND SELL LOW.

WHAT INVESTOR SHOULD
NOT DO, BUT IT HAPPENS FOR
TOO OFTEN!!”

-ANONYMOUS

03/22/11
“IF YOU’RE GOING TO PANIC,
PANIC EARLY!!!”

- ANONYMOUS
“ MARKET TIMING: A
PERILOUS PLOY!!”

- LADERMAN
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“THERE ARE TWO TIMES IN A

MAN’S LIFE WHEN HE SHOULD
NOT SPECULATE: WHEN CANT
AFFORD IT AND WHEN HE
CAN!!!”

- PUDD’N HEAD

03/22/11
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“MARKETS CHANGE, TASTES

CHANGE, SO THE COMPANIES
AND INDIVIDUALS WHO CHOOSE
TO COMPETE IN THOSE MARKETS
MUST CHANGE!!”

- AN WANG

03/22/11
“IF THE BUSINESS DOES WELL,
THE STOCK EVENTUALLY
FOLLOWS..”

-- WARREN BUFFET
“I NEVER ATTEMPT TO MAKE
MONEY ON THE STOCK MARKET. I
BUY ON THE ASSUMPTION THAT
THEY COULD CLOSE THE MARKET
THE NEXT DAY AND NOT REOPEN
IT FOR FIVE YEARS…”

- WARREN BUFFET
”GIVE ME A STOCK CLERKWITH A
GOAL AND I’LL GIVE YOU A MAN
WHO WILL MAKE HISTORY. GIVE
ME A MAN WITH NO GOALS AND
I’LL GIVE YOU A STOCK CLERK!!”

- JAMES CASH
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“SOMETIMES YOUR BEST

INVESTMENTS ARE THE ONES
YOU DON’T MAKE..”

- DONALD TRUMP

03/22/11
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“MARKETS CHANGE, TASTES

CHANGE, SO THE COMPANIES
AND INDIVIDUALS WHO CHOOSE
TO COMPETE IN THOSE MARKETS
MUST CHANGE!!”

- AN WANG

03/22/11
“NEVER MAKE FORECASTS,
ESPECIALLY ABOUT THE
FUTURE...”

-- SAMUEL GOLDWYN
“INSANITY IS DOING THE SAME
THING OVER AND OVER WHILE
EXPECTING DIFFERENT
RESULTS!!!”

- ANONYMOUS
“WHAT WE HOPE EVER TO
DO WITH EASE, WE MUST
LEARN TO DO IT WITH
DILIGENCE..”

- SAMUEL JOHNSON
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“TO KNOW THE WORLD ONE

MUST CONSTRUCT IT..”

- CESARE PAVESE

03/22/11
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“MARKETS CHANGE, TASTES

CHANGE, SO THE COMPANIES
AND INDIVIDUALS WHO CHOOSE
TO COMPETE IN THOSE MARKETS
MUST CHANGE!!”

- AN WANG

03/22/11
“IF THE BUSINESS DOES WELL,
THE STOCK EVENTUALLY
FOLLOWS..”

-- WARREN BUFFET
“THEY TOLD ME TO BUY THIS
STOCK FOR MY OLD AGE. IT
WORKED WONDERFULLY. WITHIN A
WEEK I WAS AN OLD MAN!!”

- ANONYMOUS
“ACTION IS THE LAST
RESOURCE OF THOSE WHO
KNOW HOW TO DREAM!!”

- OSCAR WILDE
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“THE ROAD TO SUCCESS IN

INVESTING IS PAVED WITH
INDEPENDENCE OF SPIRIT,
DECISIVENESS AND THE COURAGE
OF ONE’S ACTION.”

- PETER L. BERNSTEIN

03/22/11
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“WHAT ONE DOES EASILY,

ONE DJOES WELL.!!”

- ANDREW CARNEGIE

03/22/11
“PRACTICING THE GOLDEN RULE IS
NOT A SACRIFICE; IT IS AN
INVESTMENT.”

- ANONYM
-
“NO MATTER WHAT INFORMATION
YOU HAVE, NO MATTER WHAT YOU
ARE DOING, YOU CAN BE WRONG.”

- LARRY HITE
“YOU CANNOTTEACH A AMAN
ANYTHING; YOU CAN ONLY
HELP HIM TO FIND WITHIN
HIMSELF.”

- GALILEO GALILEI
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“THE INVESTOR’S CHIEF

PROBLEM – AND EVEN HIS
WORST ENEMY - IS LIKELY TO BE
HIMSELF..”

- PETER LYNCH

03/22/11
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“THE ONLY WAY TO BEAT AN INDEX

IS TO INVEST IN SOMETHING
OTHER THAN THE INDEX. WHY
WOULD YOU, WHEN THE ONLY
SOURCE OF LONG-TERM RISK AND
RETURN DATA IS THE INDEX?””

- HEBNER,MARK

03/22/11
“MARKET TIMING IS A WICKED
IDEA. DON’T TRY IT EVER!!”

- ELLLIS
-
“MARKETS CAN REMAIN
IRRATIONAL LONGER THAN YOU
CAN REMAIN SOLVENT..”

- JOHN MAYNARD KEYNES

“ SINCE THE DAWN OF CAPITALISM,
THERE HAS BEEN ONE GOLDEN RULE: IF
YOU WANT TO MAKE MONEY, YOU HAVE
TO TAKE RISKS!!”

- ANNOUNCER
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“INVESTOR MUST KEEP IN MIND

THE DIFFERENCE BETWEEN A
GOOD COMPANY AND A GOOD
STOCK. AFTER ALL, YOU CAN BUY
A GOOD CAR BUT PAY TOO MUCH
FOR IT!!!”

- RICHARD THALE

03/22/11
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“BUY ON THE CANNONS, SELL

ON THE TRUMPETS!!”

- OLD FRENCH PROVERB

03/22/11
“THE FOUR MOST DANGEROUS
WORDS IN INVESTING ARE, IT’S
DIFFERENT THIS TIME..”

- SIR JOHN TEMPLETON

-
“DESIGN A PORTFOLIO YOU ARE
NOT LIKELY TO TRADE…AKIN TO
PREMARITAL COUNSELING ADVICE;
TRY TO BUILD A PORTFOLIO THAT
YOU CAN LIVE WITH FOR A LONG,
LONG TIME.”

- ROBER D. ARNOTT
“ INVESTMENT PLANNING IS
ABOUT STRUCTURING
EXPOSURE TO RISK
FACTORS!!”

- FAMA
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“IT IS THE PART OF A WISE MAN

TO KEEP HIMSELF TODAY FOR
TOMORROW, AND NOT VENTURE
ALL HIS EGGS IN ONE BASKET!!”

- MIGUEL DE CERVANTES

03/22/11
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“RISK IS GOOD NOT PROPERLY

MANAGING YOUR RISK IS A
DANGERUOUS LEAP!!”

- EVENL KNIEVEL

03/22/11
“THE ESSENCE OF EFFECTIVE
PORTFOLIO CONSTRUCTION IS THE
USE OF A LARGE NUMBER OF
POORLY CORRELATED ASSETS..”

- WILLIAM BERNSTEIN
-
“THE MOST PREDICTABLE THING
ABOUT THE STOCK MARKET IS THE
NUMBER OF EXPERTS WHO TAKE
CREDIT FOR PREDICTING IT!!!”

-DAVE WEINBAUM
“ VALUE INVESTING – THE
ART OF BUYING LOW AND
SELLING LOWER.!!”

- ANON.
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“P/E RATIO – THE PERCENTAGE

OF INVESTORS WETTING THEIR
PANTS AS THIS MARKET KEEPS
CRASHING!!”

- ANON

03/22/11
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“EVERY SET OF PUBLISHED

ACCOUNTS IS BASED ON
BOOKS WHICH HAVE BEEN
GENTLY COOKED OR
COMPLETELY RROASTED.”

- IAN GRIFFITHS

03/22/11
“IT’S HUMAN NATURE TO FIND PATTERNS WHERE
THERE ARE NONE AND TO FIND SKILL WHERE
LUCK IS A MORE LIKELY
EXPLANATION( PARTICULARLY IF YOU’RE THE
LUCKY –MUTUAL FUND MANAGER-)..”

- BERNSTEIN
-
“TO INVEST BLINDLY IN THE TMT
(TELECOM, MEDIA AND
TECHNOLOGY) SECTOR IS A BIT LIKE
ASSUMING SOMEONE’S BOUND TO
BE GOOD AT CRICKET JUST BECAUSE
THEY’RE AUSTRALIAN. IS LIKE !!!”

- JONATHAN MAITLAND
“ THE CHILDREN (OR DESIGNATED HEIRS) OF A
GREAT CEO ARE ABOUT AS LIKELY TO EXCEL AS
REPLACEMENT CEOS AS ARE ANY OF
BEETHOVEN’S CHILDREN TO WRITE GREAT
SYMPHONIES!!”

- ROBERT A G MONKS
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“A MARKET IS COMBINED
BEHAVIOUR OF THOUSANDS OF
PEOPLE RESPONDIGN TO
INFORMATION, MISINFORMATION
AND WHIM!!”

- KENNETH CHANG

03/22/11
 “EVERYONE HAS THE
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BRAINPOWER TO FOLLOW TH
STOCK MARKET. IF YOU MADE
IT THROUGH FIFTH-GRADE
MATH, YOU CAN DO IT.”

- PETER LYNCH

03/22/11
“I HAVE PROBABLY PURCHASED
FIFTY ‘HOT TIPS’ IN MY CAREER,
MAYBE EVEN MORE. WHEN I PUT
THEM ALL TOGETHER, I KNOW I
AM A NET LOSER!!”

- CHARLES SCHWAB
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“THE FUNCTION OF PRESS IN
SOCIETY IS TO INFORM. BUT ITS
ROLE IN SOCIETY IS TO MAKE
MONEY.”

- A.J. LIEBLING
“ MONEY TALKS.... BUT
ALL MINE EVER SAYS IS
GOOD-BYE!!”

- ANONM.
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“BEAR MARKET A 6 TO 18 MONTH

PERIOD WHEN THE KIDS GET NO ALLOWANCE, THE
WIFE GETS NO JEWELRY AND THE
HUSBAND GETS
NO SEX!!!”

- ANON.

03/22/11
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“MARKET CORRECTIO- THE

DAY AFTER YOUBUY
STOCKS!!”

- ANONM.

03/22/11
“DON’T GAMBLE TAKE ALL YOUR SAVINGS AND
BUY SOME GOOD STOCK AND HOLD IT ‘TILL IT
GOESUP, THEN SELL IT. IF IT DON’T GO UP, DON’T
BUY IT..”

- WILL ROGERS
-