If the stock goes down we want to buy more.
Basically, we try to buy value expressed in the differential between its price and what we think its worth.
One has to know more about a company if one buys earnings.
Ben was a very simple straightforward man with a brilliant quick mind.
Ben didn't want to lose money. He had had a rough time during the depression.
Some kinds of stocks are easier to analyse than others.
Book values have some good and some bad features.
I don't have a ticker-tape machine in my office.
Try to establish the value of a company.
People don't like to buy things that are going down.
I liked the results of the profits in the markets.
Enjoy your work and have ethical standards.
Buy stocks where the outlook is not good.
I have been around a long time and Wall Street has changed a lot.
You have to have patience in this field.
The market is a very emotional place that appeals to fear and greed.
Most look at earnings and earnings potential, well I can't get into that game.
Look for companies that do not have a lot of debt.
Be careful of leverage. It can go against you.
You never really know a stock until you own it.
I like the idea of company-paid dividends.
Try not to let your emotions affect your judgement.
Earnings can change dramatically. Usually assets change slowly.
Have a philosophy of investment and try to follow it.
Look at companies selling at new lows.
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