myinvestingnotes.blogspot.my (Bullbear Buffett Stock Investing Notes)

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.

Buffett (1999): Regardless of the environment and the pressure one has, it always make sense to stick to one's circle of competence. "If your facts and reasoning are right, you don't have to worry about anybody else."

Buffett (1997): Would much prefer an environment of lower prices of equities than a higher one.

Buffett (1997): "All men's miseries derive from not being able to sit quiet in a room alone."

Buffett (1994): "In setting compensation, we like to hold out the promise of large carrots, but make sure their delivery is tied directly to results in the area that a manager controls.

Buffett (1994): Don't get bogged down by near term outlook and strong earnings growth; look for the best risk adjusted returns on a long-term basis

Buffett (1994): Investing can be done successfully even without making an attempt to figure out the unknowables.

Buffett (1993): Staying within one's circle of competence and investing in simple businesses

Buffett (1993): His views on real risk and how 'beta" fails to spot competitive strengths inherent in certain companies

Buffett (1993): He believes in making infrequent large bets. "We'll now settle for one good idea a year."

Buffett (1992): "How many legs does a dog have if you call his tail a leg?"

****Buffett (1992): Do not categorise stocks into growth and value types, the two approaches are joined at the hip

Buffett (1992): Short-term market forecasts are poison and worthless.

Buffett (1992): His thoughts on issuing shares.

Buffett (1991): Better to look for stable businesses run by competent people (the superstars) available at attractive prices.

Buffett (1991): Invest in the company possessing characteristics of a 'franchise'.

Buffett (1991): Highlight a simple fact that the probability of success in investing increases manifold if one is focused on building a portfolio that comprises of companies with the best earnings growth potential from a 10-year perspective.

Buffett (1991): Recognise the enormous benefit of the 'double-dip' benefit. Pay a reasonable multiple despite high growth rates.