Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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Thursday, 7 February 2013
Bruce Greenwald on Value Investing
Do not miss his comments @ 9 minutes on Buffett's buying of Washington Post in Summer of 1972. The share price of Washington Post dropped 45% after he bought; and it was still a great investment.
If you behave the way such as Graham and Dodds prescribe, there are no bad days in the market. When the market is down, you got bargains and it is lovely to think of what you are buying at low prices. When the market is up, the bargains are gone, but you are rich.
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