A Quote by Peter Green

My suspicion is that we're near a near-term low. The reality is the majority of the selling short-term is over with - the market doesn't want to go down. — © Peter Green
My suspicion is that we're near a near-term low. The reality is the majority of the selling short-term is over with - the market doesn't want to go down.
In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
Too many investors overvalue companies in the near term while undervaluing them in the long term.
Ethereum exists because it enables developers to write smart contracts better than Bitcoin in the near-term. Zcash will exist because it will attempt to do privacy better than Bitcoin in the near-term, and the token gives you access to the anonymity protocol.
Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.
Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.
When Dad made a decision, whether it was about family or his own career, the majority of the time, it was for the long term, not the short term.
The fate of the soil system depends on society's willingness to intervene in the market place, and to forego some of the short-term benefits that accrue from 'mining' the soil so that soil quality and fertility can be maintained over the longer term.
The majority of short term trading results are just random. In the long term the money ends up with those that can trade and manage risk.
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.
The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.
More and more people realize the importance of economic growth, near-term and long-term in the U.S., and the competitiveness with other countries around the world.
An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.
I want to take a long-term view. Being distracted by short term things can be dangerous when you are making cold, calm, long-term decisions.
People overestimate what they can accomplish in the near term and underestimate what they can accomplish in the long term.
If you are able to look beyond near term trouble, you have an advantage over many professional investors
This site uses cookies to ensure you get the best experience. More info...
Got it!