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Buffet, Lynch and other legends - Investing Strategies
 The Equity Desk Forum :Market Strategies :Buffet, Lynch and other legends - Investing Strategies
Message Icon Topic: Buffett never bets with sucker odds! Post Reply Post New Topic
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kulman
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Quote kulman Replybullet 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

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johnnybravo
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Quote johnnybravo Replybullet Posted: 23/Nov/2007 at 7:43pm

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.Smile


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Mr. V
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Quote Mr. V Replybullet Posted: 23/Nov/2007 at 9:36pm
Investors need EQ and not IQ. Smile
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kulman
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Quote kulman Replybullet Posted: 23/Nov/2007 at 10:04pm
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.
 
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Big%20smile
 
Tushar Bhai....it's nice (& comforting) to know that there are people like me on TED.
 
 
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smartcat
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Quote smartcat Replybullet Posted: 23/Nov/2007 at 11:11pm
Before TED, my pet cat used to pick better stocks than me by pawing at the scrolling ticker on CNBC Unhappy
 
After TED, I'm doing quite well but I still consult her for my big investments decisions.


Edited by smartcat - 23/Nov/2007 at 11:37pm
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kulman
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Quote kulman Replybullet Posted: 23/Nov/2007 at 8:10am
LOL ha ha ha
 
MEOW !!!! Such stock picking is said be better than dart boards.
 
 
 
 
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vincent
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Quote vincent Replybullet Posted: 23/Nov/2007 at 10:04am
The book "When Genius Failed" is probably a good example of how people with the highest IQ's including two nobel laureates failed in their venture.

Infact even Buffett was asked to help them by buying them out but, as this the title of this topic goes "he never bet on sucker odds!"



http://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259
Time is your friend on the road to wellbeing.
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basant
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Quote basant Replybullet Posted: 24/Nov/2007 at 10:14am
'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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