A Quote by Warren Buffett
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary; you only need to understand the actions you undertake.
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If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.
There's a need for accepting responsibility - for a person's life and making choices that are not just ones for immediate short-term comfort. You need to make an investment, and the investment is in health and education.
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.
People forget that although we can pinpoint the price, we can only guess at future earnings. The past isn't much help: It simply tells whether a market was pricey or cheap.
Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investment program in place will have a lot more money when they come to retire than those who never get around to it.
If an asset has cash flow or the likelihood of cash flow in the near term and is not purely dependment on what a future buyer might pay, then it's an investment. If an asset's value is totally dependent on the amount a future buyer might pay, then its purchase is speculation.
As the industry has matured, real estate has become a very accepted investment. Institutions have used core investments to get comfortable with real estate as an asset class, and now that they're comfortable they're moving up the risk spectrum.
Now, more then ever, we have the ability to make films for almost nothing and that's broken down all barriers of entry. I think it's a new golden age of film-making. With that, there needs to be the ability to recoup investment dollars, people need to make money.
There is no possibility of failure because you only control your actions and they only influence the probable evolution of your life over stochastic future paths. There is no failure, only feedback.
Every person is a possibility. The hopeless romantics feel it most acutely, but even for others, the only way to keep going is to see every person as a possibility.
No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.
After every mistake, we need to understand that we can look back and learn-so that we can move forward with confidence and avoid making the same mistake again.
We need to send a message to Vladimir Putin through stronger sanctions. We need him to understand that the sanctions that we put in place can have a significant impact on his economy that we need to deter further action from him. And understand who he is, former KGB colonel, he's a bully, and bullies only understand when we punch them in the nose but we need to do that economically. That is our strongest move at this point.
I have a principle I often invoke in class: comfortable people don't grow. Good teachers need to engage in the paradox of making students feel comfortable and uncomfortable in equal measure.
Most people have learned to live in the moment. The argument goes that if the past has uncertain effect on the present, there is no need to dwell on the past. And if the present has little effect on the future, present actions need not be weighed for their consequence. Rather, each act is an island in time, to be judged on its own. ... It is a world of impulse. It is a world of sincerity. It is a world in which every word spoken speaks just to that moment, every glance given has only one meaning.
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