A Quote by Peter Lynch
The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
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What is too popular may not be profitable. Don't invest in B2C companies, instead invest in B2B companies.
I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
Only ignorance! only ignorance! how can you talk about only ignorance? Don't you know that it is the worst thing in the world, next to wickedness? -- and which does the most mischief heaven only knows. If people can say, `Oh! I did not know, I did not mean any harm,' they think it is all right.
The Democrats have made the low-information voters think they care about 'em. And the worst thing you can do is invest in the Democrat Party, the worst thing, in terms of life potential.
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.
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
A lot of what I do is running businesses rather than buying stocks. My worst decision is probably when I know I have the wrong chief executive running the business, and I keep on waiting to make the difficult decision of replacing him.
We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.
When I started making some paychecks, I didn't invest in stocks and bonds - I invested in American culture.
I was against getting Beats cause I know they're kind of really popular and you know, hey're such a well known brand. But, I ended up buying them and they have changed my life, and the best thing about these is the battery life.
That's more about lifestyle [Peter Mayles], living abroad. It's about buying a donkey and house in south France, and that's a slightly different thing. A very popular genre but that's not quite my thing.
Invest in vanity. Buy stocks in high-profile companies whose products are designed to make you feel good and look good.
Individual investors have become far more powerful than anyone gives them credit for. Today, 85 million Americans invest in stocks. Collectively, that kind of buying and selling power can move markets.
In March 2019, I was looking to make investments in the F&B sector. Ranjit Bindra approached me because he heard I was interested in this space with an offer to invest in his restaurant Bastian. I had been a regular patron at this popular restaurant and decided to invest in the same buying a 50 percent share stake along with management rights.
If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.
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