Saturday, June 21, 2014

Stock Quotes

Buy Quality Stocks When They Are Marked Down

For many investors, following the advice of well-known investors is their market strategy. They believe if they invest as the top investors do, they will gain the wealth that the top investors have.

That being the case, Forbes Magazine compiled some good quotes from some of history’s greatest investors.

Warren Buffett’s quote illustrates his focus on value investing. “Whether socks or stocks, I like buying quality merchandise when it is marked down,” said the Berkshire Hathaway (NYSE:BRK-A) co-Founder/CEO.

More from Mr. Buffett, here are 3 of his top quotes;

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
“I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
“We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.”
Quotes from some other stock market “Wizards”:

Vanguard Group founder John Bogle said, “Don’t let the miracle of long-term compounding of returns be overwhelmed by the tyranny of long-term compounding of costs.”
Templeton Funds founder John Templeton said, “If you buy the same securities everyone else is buying, you will have the same results as everyone else.”
Equity Groups Investment Chairman Sam Zell said, “Look for good companies with bad balance sheets and understand your downside.”
Peter Lynch, former manager of Fidelity Magellan Fund, said, “Everyone has the brainpower to follow the stock market. If you made it through 5th grade math, you can do it.”
David Tepper, founder of Appaloosa Management, said, “I am the animal at the head of the pack. . . . I either get eaten, or I get the good grass.”
Have a terrific weekend.

Paul Ebelng

Sunday, June 15, 2014

Saturday, June 7, 2014

Tuesday, June 3, 2014