A Quote by Joel Greenblatt

The more confidence I have in each one of my stock picks, the fewer companies I need to own in my portfolio to feel comfortable. — © Joel Greenblatt
The more confidence I have in each one of my stock picks, the fewer companies I need to own in my portfolio to feel comfortable.
If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.
Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say you own a Procter & Gamble in your portfolio and the stock price goes down by half. Do you like it better? If it falls in half, do you reinvest dividends? Do you take cash out of savings to buy more? If you have the confidence to do that, then you’re an investor. If you don’t, you’re not an investor, you’re a speculator, and you shouldn’t be in the stock market in the first place.
The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.
What this country needs is more people to inspire others with confidence, and fewer people to discourage any initiative in the right direction more to get into the thick of things, fewer to sit on the sidelines, merely finding fault more to point out what's right with the world, and fewer to keep harping on what's wrong with it and more who are interested in lighting candles, and fewer who blow them out.
Unfortunately, our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very, very strong balance sheet with huge value drivers at the end of it.
Unfortunately our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very-very strong balance sheet with huge value drivers at the end of it.
We've got a portfolio of companies that range all the way from hotels to television stations and cable TV companies, oil and gas, consumer products, and industrial products. If there's anything that I want to know more about, I have the opportunity. It's right in our portfolio. I can spend time at the factory or with the manangement and learn as much as I want. You can't get bored doing that.
We don't need no more danger, we don't need no more difficulties, we don't need no more misunderstanding, and we don't need no more violence. We need the people to see each other and know of each other, feel each other, touch each other, share with each other, and change hearts with each other.
If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
This is not the kind of country where you would feel comfortable if you were opposed to democracy, parliamentary law, independent courts and so I would say to people who don't feel comfortable with those values there might be other countries where they'd feel more comfortable with their own values or beliefs.
Every time I get in the McLaren I feel more comfortable, my confidence increases and I feel more at home with the team.
If you wagered $5,000 on each of my winning NFL picks in 2012 and $500 ($550) on each of my losing picks, you'd be ahead $70,050. Wow.
There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks (whether the manager is handling one thousand dollars or one billion dollars) is not being operated logically. The addition of the one hundredth stock simply can't reduce the potential variance in portfolio performance sufficiently to compensate for the negative effect its inclusion has on the overall portfolio expectation.
I think the more people that feel comfortable in their own skin and feel happy that they can come out and know that it's not going to affect their job or moving up in their career is the way forward. Just making people feel happy and comfortable in their own job and in their sport.
In going directly to Investment Heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition program. You specify the way you want your portfolio to look, and then you assemble the profile piece by piece by bringing together companies that make their own individual contributions to the desired character.
Courses that you've had success on, all of a sudden your game turns around because you feel comfortable on your tee shots, you feel comfortable going to the greens, you know, all the reads on the putts. It's a feeling that's hard to describe, but it's certainly one that you get filled up with confidence more than anything else.
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