Thursday, September 30, 2004
Wednesday, September 29, 2004
Tuesday, September 28, 2004
Thursday, September 23, 2004
Our prototype for occupational fervor is the Catholic tailor who used his small savings of many years to finance a pilgrimage to the Vatican. When he returned, his parish held a special meeting to get his first-hand account of the Pope. "Tell us," said the eager faithful, "just what sort of fellow is he?" Our hero wasted no words. "He's a forty-four medium." - Warren Buffett, on what he looks for in a CEO
Wednesday, September 22, 2004
In our civilization, and under our republican form of government, intelligence is so highly honored that it is rewarded by exemption from the cares of office. - Ambrose Bierce
Tuesday, September 21, 2004
We repeatedly underestimate the vigor and resilience of housing demand. - Steve Stanley, chief economist at RBS Greenwich Capital, 9/21/04
Monday, September 20, 2004
If I could avoid a single stock, it would be the hottest stock in the hottest industry, the one that gets the most favorable publicity, the one that every investor hears about in the car pool or on the commuter train - and succumbing to the social pressure, often buys. - Peter Lynch
Friday, September 10, 2004
Thursday, September 09, 2004
There are only two ways of telling the complete truth: anonymously and posthumously. - Thomas Sowell
Wednesday, September 08, 2004
Whoever imagines that the average Wall Street professional is looking for reasons to buy exciting stocks hasn't spent much time on Wall Street. The fund manager most likely is looking for reasons not to buy exciting stocks, so that he can offer the proper excuses if those exciting stocks go up. - Peter Lynch
Tuesday, September 07, 2004
Friday, September 03, 2004
Under democracy one party always devotes its chief energies to trying to prove that the other party is unfit to rule - and both commonly succeed, and are right. - H. L. Mencken