| Author |
Message |
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
   Posted: 27/Sep/2006 at 1:32pm |
|
Must compliment you Kulman.. great Quote. Infact this the second most wierd quote i have ever read.
|
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
 IP Logged |
|
|
|
 |
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 27/Sep/2006 at 2:02pm |
|
Thanks BubbleVision, if this is the "second most weird quote", please let us know the first one.....
Edited by kulman - 27/Sep/2006 at 2:02pm
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 28/Sep/2006 at 11:53am |
|
Kulmanji: These are pirated and we would not keep these links as they might cause problems with the publishers etc. I have therefore deleted the links.
Edited by basant - 28/Sep/2006 at 11:57am
|
|
'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
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 29/Sep/2006 at 12:09pm |
Basantjee
You are right...I should have realised that before posting.
Thanks anyway.
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 03/Oct/2006 at 10:53pm |
This is one interesting article by Kiyosaki (Author of Rich Dad Poor Dad). It gives a different perspective on cash flow generation via investments.
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
Posted: 04/Oct/2006 at 3:23pm |
Thank You KULMAN....A lot
One of the best autobiography i am currectly reading is SOROS: The Unauthorized Biography, the Life, Times and Trading Secrets of the World's Greatest Investor
by Robert Slater (Author)
Inspite of being really busy i have now cut down my sleep to just 4 hours per day to read this.....Really amazing book
This is something written about the book on amazon
1. Page 60: What Soros understood better than most were the cause and effect relationships in the world's economies. If A happened, that B must follow, then C after that.
2. Page 83: The stock market is always wrong, so that if you copy everybody else on Wall Street, you're doomed to do poorly.
3. Page 85: In 1979, Soros renamed his fund...Quantum Fund, in tribute to Heisenberg's uncertainty principle in quantum mechanics. That principle asserts that it is impossible to predict the behavior of subatomic particples in quantum mechanics, an idea that meshed with Soros's conviction that markets were always in a state of uncertainty and flux that it was possible to make money by discounting the obvious, and betting on the unexpected.
4. Page 92: Soros always says that you shouldnt be in the market unless you are willing to take the pain.
5. Page 110: Short term volatility is greatest at turning points and diminishes as a trend becomes established.
6. Page 159: It is not whether you are right or wrong, but how much money you make when you are right and how much money you lose when you are wrong....If you have tremendous conviction on a trade you have to go for the jugular.It takes courage to be a pig. It takes courage to ride a profit with huge leverage.... When you right on something, you cant own enough
|
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
|
IP Logged |
|
|
|
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
Posted: 04/Oct/2006 at 3:26pm |
|
SomeHow...i really really like these pain quotes... I associate trading with how you deal with pain.....
|
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 04/Oct/2006 at 3:39pm |
It is not whether you are right or wrong, but how much money you make when you are right and how much money you lose when you are wrong....If you have tremendous conviction on a trade you have to go for the jugular.It takes courage to be a pig. It takes courage to ride a profit with huge leverage.... When you right on something, you cant own enough
_____________________________________________________________
This advice shoukd be worth more then a million dollars (if implemented). It is so simple and easy to read but has the power to change our lives if we can implement it. I have been fortunate enough to experience this.
|
|
'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
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
