Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label conduit. Show all posts
Showing posts with label conduit. Show all posts
Wednesday, 5 November 2008

Stock market as a conduit for transferring wealth

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The stock market is a conduit for transferring wealth from those who confuse price with value to those who do not, and from the impatient t...
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