Imagi-Natives advice on:
0 0
Daily Needs
Mind Needs
 Learn Quotes (4980)
 Imagine Quotes (1904)
Plan Quotes (1654)
 Focus Quotes (2113)
Persist Quotes (5274)
 Evolve Quotes (1494)
Progress Quotes (287)
 General Quotes (280)
Body Needs
 Health Quotes (562)
 Exercise Quotes (413)
 Grooming Quotes (146)
 General Quotes (821)
Money Needs
 Income Quotes (237)
 Tax Quotes (525)
 Save Quotes (186)
 Invest Quotes (4007)
 Spend Quotes (318)
 General Quotes (1226)
Work Needs
 Customers Quotes (135)
 Service Quotes (1021)
 Leadership Quotes (3212)
 Team Quotes (492)
 Make Quotes (280)
 Sell Quotes (1434)
 General Quotes (1034)
Property Needs
 Clothing Quotes (144)
 Home Quotes (151)
 Garden/Nature Quotes (964)
 Conservation Quotes (281)
 General Quotes (344)
Food Needs
 Food Quotes (205)
 Drink Quotes (226)
 General Quotes (529)
Friends Needs
 Friends Quotes (776)
 Partners Quotes (615)
 Children Quotes (1673)
 Love Quotes (792)
 Conversation Quotes (4566)
 General Quotes (8662)
Fun Needs
 Gratitude Quotes (1686)
 Satisfaction Quotes (955)
 Anticipation Quotes (1249)
 Experiences Quotes (626)
 Music Quotes (280)
 Books Quotes (1297)
 TV/movies Quotes (177)
 Art Quotes (653)
 General Quotes (2647)

 Imagi-Natives Search 
 
Quote/Topic  Author
Contains all words in any orderContains the exact phraseContains at least one word
[ 50 Item(s) displayed from page 28 ]


Previous<<  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  
27  28 29  30  31  32  33  34  35  36  37  38  39  40  41  42  43  44  45  46  47  48  49  50  51  
52  53  54  55  56  57  58  59  60  61  62  63  64  65  66  67  68  69  70  71  72  73  74  75  76  
77  78  79  80  81  Next Page>>

  Quotations - Invest  
[Quote No.27983] Need Area: Money > Invest
"I call investing the greatest business in the world, because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it. [But pity the pros at the investment institutions. They're the victims of impossible 'performance' measurements.] It's like Babe Ruth at bat with 50,000 fans and the club owner yelling, 'Swing, you bum!' and some guy is trying to pitch him an intentional walk. They know if they don't take a swing at the next pitch, the guy will say, 'Turn in your uniform.' [To be successful avoid these pressures. Stay dispassionate and be patient.] You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK. [First the crowd is boozy on optimism and buying every new issue in sight. The next moment it is boozy on pessimism, selling its shares and buying gold bars while predicting another Great Depression.]" - Warren Buffett
At one time the world's richest man and all created from his extraordinary share investing skill.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.27989] Need Area: Money > Invest
"Markets exaggerate in both directions. They create bubbles of overvaluation when expectations are high; they create troughs of undervaluation when expectations are low." - Lord William Rees-Mogg
Leading political editor William Rees-Mogg is former editor-in-chief for The Times and a member of the House of Lords. He has been credited with accurately forecasting glasnost and the fall of the Berlin Wall Ė as well as the 1987 crash. His political commentary appears in The Times. His financial insights are found in the Fleet Street Letter, the UK's longest-running investment newsletter.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.27990] Need Area: Money > Invest
"He is next to the gods whom reason, and not passion, impels." - Claudian (Claudianus)
(circa 380 B.C.), court poet to the Roman Emperor Honorius and Stilicho. Quote from 'De Consulatu Malii Theodori Panygyris' (CCXXVII)
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28021] Need Area: Money > Invest
"When investing in bank shares remember the credit cycle and the old saying, 'The worst of loans are written in the best of times', when economic risks are least fresh in the mind and the banks are trying to increase their market share by giving loans to people who normally wouldn't qualify for as much or any at all. Later, when inflation and then rates rise, as well as unemployment, these loans are often a problem and bankers have to make provisions for them as bad loans and many have eventually to write them off." - Unknown

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28022] Need Area: Money > Invest
"Because over short periods of time share prices are subject to changes in their popularity, prices can and regularly do detach from valuations. Over long periods of time however, this detachment is unsustainable and prices will eventually follow value...[therefore] it is essential that you know what a business is truly worth before you buy its shares. And that is what value investing is all about." - Roger Montgomery
Chairman of the Australian fund manager, Clime Capital Limited.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28023] Need Area: Money > Invest
"The business performance creates the value, the price creates the opportunity." - Warren Buffett
Highly successful value investor
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28091] Need Area: Money > Invest
"Do market prices really matter? The market was recently inundated with the following news headlines and hype over the recent global sell off [bust, slump, panic] in shares. Letís say you have a passive part interest in an unlisted business. What happens in the stock market would have no impact on either the profitability or the value of your business. World events, economic forecasts, movements in local and international stock markets and crazy commentary by naive media commentators who confuse price with value would have no impact on your business. It would continue merrily on its way, oblivious to extraneous factors, emotive influences and sentiment. You would be concerned only with its profitability and future prospects. Unless you needed to sell, or received an offer, you are unlikely to spend any time figuring out what your interest in the business was worth. The fact that the price of your business is not quoted daily in the media is of no consequence. In the same way that a high price does not increase its value, a low price does not lessen it. Of course, if someone came along and made what appeared to be a generous offer, you might consider selling if it exceeded your estimate of value and your money could be more profitably employed elsewhere. Conversely, if someone made a low-ball offer, you would not automatically assume that the value of your business had declined. Price and value are two different things. As Warren Buffett noted,'The business performance determines the value,the price creates the opportunity. Why then do the financial commentators and all and sundry pay homage to prices? Sadly, it is the only reference the vast majority of people have to value. While calculation of value is not an exact science, Warren Buffett summed up the need to deem it essential when he said: 'I would rather be approximately right than precisely wrong'. Prices are only important when buying or selling. If you buy into sound businesses with superior attributes at a fair price, price aberrations, whether determined by sound judgment or by fear, greed and emotional sentiment, will neither add nor detract from your wealth. This becomes abundantly clear when you draw a straight line between a stocks price at different points of time and superimpose the squiggly lines of a price chart for the same period. While value does not flow constantly in a straight line, its determination is based on the factual business performance rather than unrelated extraneous issues that govern the actions of those who unwittingly contribute to the rich forum of opportunity we call the 'stock market'. The market is there to serve you, not guide you. Use it wisely and it will be your faithful servant. Pay homage to it, or credit it with any vestige of wisdom, and it will become your master. So the next time the market is flooded by naÔve comments donít get caught up in the hype. It is always worth reflecting on time proven wisdom instead of making an emotionally driven buy or sell investment decision. As one of the greatest value investors of all time quipped: ďFinding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dearĒ. Phillip A Fisher Stick to finding the great businesses. If you do this and hold onto them for as along as they remain great, you will no doubt ensure that the value of your investments will rise over the years." - Brian McNiven
Founder of the StockVal website and author of numerous value oriented share investing books.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28024] Need Area: Money > Invest
"I have heard the difference between momentum buying and value buying described as the difference between 'Buying high and selling higher' and 'Buying low and selling high.' Therefore with momentum investing the issue becomes watching for price movement and then buying it hopefully before the crowd does and then getting out before the crowd does. With value investing, the issue becomes finding a sensible way to value companies and their stocks regardless of their current market prices and buying them when they are significantly below these and selling them when they are above them." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28025] Need Area: Money > Invest
"It is important to remember that increased earnings per share each year can be easily achieved when a company retains profits [rather than paying out all its profits as dividends] or raises more capital from shareholders thereby increasing its equity base. This is just the same as earning more from a bank account even though the interest rate doesn't increase, simply by reinvesting some of the interest or putting more money into the account each year. The critical issue is how well does the company use the retained earnings. If the retained earnings can be invested at the same or a better return on equity as before then the company is doing well [especially if the return is higher than bank interest rates]. The danger is when a company retains profits but then doesn't use them as well. So while the size of the company would increase due to the retained earnings the return on earnings and therefore the price to earnings ratio other investors would pay for the company's shares would fall. Successful value investing involves focusing investment in companies with high sustainable ROE [with low debt - so without the need for using significant debt leverage], and buying them when undervalued because their individual futures are temporarily depressed or the share market as a whole is slumping." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28026] Need Area: Money > Invest
"...its not the P/E that determines whether a share investment represents good 'value,' it is the rate of return on equity of the underlying business, the rate of distribution versus retention [retained earnings] and the investorís desired rate of return that will establish whether a share is overvalued or undervalued for that investor...[For example] If you have a dollar of equity earning, for arguments sake, 10% and you desire a 20% return on your money, the right price to pay, is a [50%] discount to the $1.00 of equity." - Roger Montgomery
Managing Director of private portfolio managers, Clime Asset Management Pty Ltd.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28027] Need Area: Money > Invest
"The value of any stock, bond or business today is determined by the cash inflows and outflows - discounted at an appropriate interest rate - that can be expected to occur during the remaining life of the asset." - John Burr Williams

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28028] Need Area: Money > Invest
"Irrespective of whether a business grows or doesnít, displays volatility or smoothness in its earnings, or carries a high or low price in relation to its current earnings and book value, the investment shown by the discounted-flows-of-cash calculation to be the cheapest is the one the investor should purchase." - Warren Buffett
Highly successful value share investor
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28029] Need Area: Money > Invest
"Within this gigantic auction arena, it is our job to select a business with economic characteristics allowing each dollar of retained earnings to be translated eventually into at least a dollar of market value." - Warren Buffett
Highly successful value investor, quoted from his investment company, Berkshire Hathaway, Letters to Shareholders 1977 - 1983
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28030] Need Area: Money > Invest
"If earnings have been unwisely retained it is likely that managers, too, have been unwisely retained." - Warren Buffett
Highly successful value investor
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28031] Need Area: Money > Invest
"As an example, take a company that we estimate currently has $1.44 of equity per share. If we are confident that this business can generate a sustainable return on its equity of more than 40% per annum and assuming that it paid out 85% of its earnings as a dividend each year (it has little use for the cash, virtually rendering it a coupon paying bond), then it would be reasonable to assume, provided it doesnít raise capital, that its earnings and its equity should grow by about 6% per annum (40% x (1-0.85)) - a bond with a coupon growing at about 6% per year. If we grow the equity for a period by this rate and discount it back by a rate that produces a reasonable real after tax rate of return, adjusted for the dividends paid out and received, we can calculate an estimated multiple over the equity to pay for the business. We estimate the business in question is worth less than $7.30 per share and more than $6.50. That is, between 4.5 times and 5.1 times its equity capital. This value, however, compares with a price of more than $10.00 at the time of writing. In order to present a rational price shares in this company would need to fall around 30%, placing them back where they were only a few months ago. (Experience confirms the importance of avoiding large premiums to equity capital. We want to pay low multiples of equity for businesses with little or no debt that are able to generate very high rates of return on the very same equity)." - Roger J. Montgomery
Managing Director of private portfolio managers, Clime Asset Management.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28032] Need Area: Money > Invest
"University of San Francisco business professor Richard Puntillo has noted that under US securities law, in theory, publicly traded corporations have shareholders as their kings, boards of directors as the sword-wielding knights who protect the shareholders and managers as the vassals who carry out orders. In practice, in the past decade, managers have become kings who lavish gold upon themselves, boards of directors have become fawning courtiers who take coin in return for an uncritical yes-man function and shareholders have become peasants whose property may be seized at managementís whim." - Greg Easterbrook
American writer and a senior editor of 'The New Republic' from his July 2001 article entitled 'Greed Isnít Good' published in 'The New Republic'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28033] Need Area: Money > Invest
"The one thing we learn from history is that we do not learn from history." - John Kenneth Galbraith
Eminent Harvard economist. Quote from his book on booms and busts, 'A Short History of Financial Euphoria'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28034] Need Area: Money > Invest
"My partner Charlie Munger and Tony Nicely at Geico are always rational. 160 IQs can say stupid things that sound good. People do silly things, whether they have 120 IQ or 160. You can always improve your rational thought. Rationality is the only thing that helps you. One thing that could help would be to write down the reason you are buying a stock before your purchase. Write down 'I am buying Microsoft for $300 billion because...' Force yourself to write this down. It clarifies your mind and discipline. This exercise makes you more rational." - Warren Buffett
Highly successful value investor
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28035] Need Area: Money > Invest
"Before buying a stock I like to be able to give a two-minute monologue that covers the reasons I'm interested in it, what has to happen for the company to succeed, and the pitfalls that stand in its path. The two-minute monologue can be muttered under your breath or repeated out loud to colleagues who happen to be standing within earshot. Once you're able to tell the story of a stock to your family, your friends, or the dog (and I don't mean 'a guy on the bus says Caesars World is a takeover'), and so that even a child could understand it, then you have a proper grasp of the situation." - Peter Lynch
the record-breaking former manager of the Fidelity Magellan Fund. Quoted from his book 'In One Up On Wall Street'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28039] Need Area: Money > Invest
"The art [of investing well] is in knowing when to buy and perhaps even more importantly, when to [sell, that is] take some money off the table! " - John Buckingham
Publishes the value share investing newsletter, 'The Prudent Speculator'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28040] Need Area: Money > Invest
"[Buying real estate bargains can be similar to buying undervalued shares:] The properties [company shares] that have given us enormous appreciation and excellent returns are the ones we bought in areas [market sectors] that we'd been watching for at least six months, sometimes even for years. When you get to know an area intimately, you can spot deals [great companies at great prices] and snap up a property before anyone else." - Julie Broad
She is a real estate investor who in her spare time over eight years, along with her husband, built a multimillion-dollar real estate portfolio with minimal cash resources.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28045] Need Area: Money > Invest
"A fool must now and then be right, by chance." - William Cowper

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28051] Need Area: Money > Invest
"The safest way to double your money is to fold over once and put it in your pocket. [If you want a guarantee, buy a toaster!]" - Kin Hubbard

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28059] Need Area: Money > Invest
"Value investors are wiser than they seem [because their predictions take longer to come true], while momemtum investors seem wiser than they are [because their predictions often appear right at first]." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28068] Need Area: Money > Invest
"I should emphasize that we do not measure the progress of our investments by what their market prices do during any given year. Rather, we evaluate their performance by the two methods we apply to the businesses we own. The first test is improvement in earnings, with our making due allowance for industry conditions. The second test, more subjective, is whether their 'moats' Ė a metaphor for the superiorities they possess that make life difficult for their competitors Ė have widened during the year." - Warren Buffett
Highly successful value share investor and CEO of Berkshire Hathaway.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28069] Need Area: Money > Invest
"Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management; and d) a sensible price tag. We like to buy the whole business or, if management is our partner, at least 80%. When control-type purchases of quality arenít available, though, we are also happy to simply buy small portions of great businesses by way of stock market purchases. Itís better to have a part interest in the Hope Diamond than to own all of a rhinestone. A truly great business must have an enduring 'moat' that protects excellent returns on invested capital. The dynamics of capitalism guarantee that competitors will repeatedly assault any business 'castle' that is earning high returns. Therefore a formidable barrier such as a companyís being the low cost producer (GEICO, Costco) or possessing a powerful world-wide brand (Coca-Cola, Gillette, American Express) is essential for sustained success. Business history is filled with 'Roman Candles,' companies whose moats proved illusory and were soon crossed. Our criterion of 'enduring' causes us to rule out companies in industries prone to rapid and continuous change. Though capitalismís 'creative destruction' is highly beneficial for society, it precludes investment certainty. A moat that must be continuously rebuilt will eventually be no moat at all. Additionally, this criterion eliminates the business whose success depends on having a great manager. Of course, a terrific CEO is a huge asset for any enterprise, and at Berkshire we have an abundance of these managers. Their abilities have created billions of dollars of value that would never have materialized if typical CEOs had been running their businesses. But if a business requires a superstar to produce great results, the business itself cannot be deemed great. A medical partnership led by your areaís premier brain surgeon may enjoy outsized and growing earnings, but that tells little about its future. The partnershipís moat will go when the surgeon goes. You can count, though, on the moat of the Mayo Clinic to endure, even though you canít name its CEO." - Warren Buffett
Highly successful value investor, describing what he and his business partner, Charlie Munger, look for in their investments.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28073] Need Area: Money > Invest
" 'Turnarounds' seldom turn." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28074] Need Area: Money > Invest
"Ask yourself does the business have a consistent operating history." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28075] Need Area: Money > Invest
"Focus on return on equity not on earnings per share." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28076] Need Area: Money > Invest
"Look for companies with high profit margins." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28077] Need Area: Money > Invest
"If you don't know jewellery, know the jeweller [manager]." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28078] Need Area: Money > Invest
"[When asked how he became so successful in investing Buffett answered:] We read hundreds and hundreds of annual reports every year." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28079] Need Area: Money > Invest
"I never buy anything unless I can fill out on a piece of paper my reasons." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28080] Need Area: Money > Invest
"If you understood a business perfectly and the future of the business, you would ned very little in the way of a margin of safety. So the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28081] Need Area: Money > Invest
"The key to investing is not assessing how much an industry is going to effect society or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28082] Need Area: Money > Invest
"I look for businesses in which i can predict what they are going to look like in 10 or 15 years time. [because predictable products equal predictable profits!]" - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28083] Need Area: Money > Invest
"Never buy these [IPO's - Initial Public Offerings] on any day of the week with a 'Y' in it. [as they have too little of a history to be predictable and buying them is gambling-like speculation not investing.]" - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28084] Need Area: Money > Invest
"A low cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took the position many years ago and everything I have seen since convinces me of its truth. By periodically investing in an index fund, the know nothing investor can actually outperform most investment professionals." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28085] Need Area: Money > Invest
"[When someone talks about the power and competitive advantage of branding remember:] When Texans are asked to name a brand of brick, 75% respond Acme, compared to 16% for the runner-up. (Before our purchase, I couldnít have named a brand of brick. Could you have?) This brand recognition is not only due to Acmeís product quality, but also reflects many decades of extraordinary community service by both the company and John Justin." - Warren Buffett
Highly successful value investor. Quote from his company, Berkshire Hathaway's Chairman's Letter To Shareholders, 2000.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28086] Need Area: Money > Invest
"The key investing ideas used by Warren Buffett are: 1-Invest in businesses: 'The basic ideas of investing are to look at stocks as businesses, use market fluctuations to your advantage and seek a margin of safety. That's what Ben Graham taught us... A hundred years from now they will still be the cornerstones of investing.' 2-Circle of Competence: 'Draw a circle around the businesses you understand and then eliminate those that fail to qualify on the basis of value, good management, and limited exposure to hard times.' 3-Return on equity: 'The primary test of managerial economic performance is the achievement of high earnings rate on equity capital employed.' 4-Economic moat [for profit stable growth and predictability]: 'Look for the durability of the franchise. The most important thing for me is figuring out how big a moat there is around a business. What I love, of course, is a big castle and a big moat with piranhas and crocodiles.' 5-Quality of management: 'We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.' 6-Return: 'We love owning common stocks - if they can be purchased at attractive prices. Unless, however, we see a very high probability of at least 10% pre-tax returns, we will sit on the sidelines.' 7-Margin of safety: 'You have to have the knowledge to enable you to make a very general estimate about the value of the underlying business. But you do not cut it close. That is what Ben Graham meant by having a margin of safety. You don't try and buy businesses worth $83 million for $80 million. You leave your self an enormous margin.' " - Warren Buffett
Highly successful value investor and Chairman of Berkshire Hathaway.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28087] Need Area: Money > Invest
"We don't talk about whether a stock is undervalued or overvalued, whatever that may mean. Rather we define value in terms of the return you will get on an investment. [bought at a particular price and the price you would need to pay in order to get a particular return over a certain time frame]" - John Price
Financial analyst, computer programmer and developer of the highly regarded 'Conscious Investor' Value Software
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28088] Need Area: Money > Invest
"I donít want a lot of good investments - I want a few outstanding ones." - Philip A. Fisher
Outstanding stock investor and the author of 'Common Stocks and Uncommon Profits', which Warren Buffett considers one of the finest investing books ever.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28089] Need Area: Money > Invest
"To get an idea of which companies have competitive advantage in a sector here are some great questions to ask- 'If you could remove for ever just one other company as a competitor which would it be and why?' and 'If you had to invest in a company in this sector excluding your own, which would it be and why?'." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28090] Need Area: Money > Invest
"Another way to get a feel for competitive advantage and brand power which are both good qualities for companies you might want to invest in is to ask yourself and others when they think of a product which company comes to mind, why, do they ask for it by name and would they be happy to settle for another perhaps cheaper substitute or go to another shop to get it?" - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28092] Need Area: Money > Invest
"Finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear." - Phillip A Fisher
Outstanding stock investor and the author of 'Common Stocks and Uncommon Profits', which Warren Buffett considers one of the best investing books ever.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28093] Need Area: Money > Invest
"It is vital when considering investing in a company to try to understand it as if you were the only owner over say the last five years. Then, consider the initial cost - the equity five years ago, the amounts you have added to the company over the five years as new contributed equity, how much you have taken out as tax paid dividends, how much of the earnings you have left in the company as retained earnings and the present value of the equity in the company. It is then a simple matter with a financial calculator to assess the annual compound interest rate over those five years. This tells you the internal rate of return and whether over the last five years the company was a good investment or not, without having to refer to the share market. If the company was a good investment, that is with a good return on equity and internal rate of return equal or higher than that which you desire and it looks like continuing to be, it is a question of what price you feel is appropriate to pay for that return or better over say the next five years, making allowances for the risks along the way by including a margin for safety." - Ben O'Grady
CEO of imagi-natives.com
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28094] Need Area: Money > Invest
"For some reason people take their cues from price action, rather than from values. Price is what you pay. Value is what you get." - Warren Buffett
Highly successful value investor
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28095] Need Area: Money > Invest
"I consider the best type of investing to be about collecting at a fair price or better, a part interest in a few great businesses with equally great management. In order to do that I believe it's necessary to understand the economics of each business. I am particularly interested in identifying the cash flows (i.e. dividends) that I, as a part owner in the business, can receive over the course of my holding period as well as what profits are able to be re-invested back into the business at above average rates of incremental returns on equity to grow the business and my interest in it." - Ben O'Grady
CEO imagi-natives.com
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28097] Need Area: Money > Invest
"Itís not a companyís earnings that are important, but the amount of capital [both initial and on-going] required to produce them." - Warren Buffett

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.28098] Need Area: Money > Invest
"A great business at a fair price is superior to a fair business at a great price." - Charlie Munger
Lawyer, highly successful share investor and business partner of Warren Buffett at Berkshire Hathaway.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

Previous<<  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  
27  28 29  30  31  32  33  34  35  36  37  38  39  40  41  42  43  44  45  46  47  48  49  50  51  
52  53  54  55  56  57  58  59  60  61  62  63  64  65  66  67  68  69  70  71  72  73  74  75  76  
77  78  79  80  81  Next Page>>

 
Imagi-Natives'
Self-Defence
& Fitness Training

because
Everyone deserves
to be
Healthy and Safe!
Ideal for Anyone's Personal Protection Needs
Simple, Fast, Effective!
Maximum Safety - Minimum Force
No Punches, Kicks, Chokes, Pressure Points or Weapons Used
Based on Shaolin Chin-Na Seize and Control Methods
Comprehensively Covers Over 130 Types of Attack
Lavishly Illustrated With Over 1300 illustrations
Accredited Training for Australian Security Qualifications
National Quality Council Approved