Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Posted: 23/Nov/2007 at 6:27pm
“What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know. An investor needs to do very few things right as long as he or she avoids big mistakes.”---Warren Buffet in 1992 Letter to Berkshire Hathaway shareholders
Life can only be understood backwards—but it must be lived forwards
IQ has little to do with investing success. The great physicist Einstein lost his Nobel Prize money in US bonds that defaulted. As Warren Buffett famously said, “Investing is not
a game where the guy with the 160 IQ beats the guy with the 130 IQ.”
Something that comforts people like me who have -ve IQ.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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