I hope this never happens in the Philippine Stock Market —– “Wall Street’s behavior is exactly like all other addicts, trapped in denial, they’ll risk destroying family, friends, health, careers and even America before stopping. They’re obsessed, hooked, blind, addicted to gambling.” – Paul B. Farrell, Marketwatch
In stock market investing, strive to be “TREASURE hunters”, NOT “PRESSURE hunters”
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“Stocks that became fairly valued, the ones that exhausted their margins of safety and in which expected total rate of return (earnings growth plus dividends) now fall below your expectations should be sold — period!” – Vitaliy Katsenelson
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“Establish regular, scheduled times to think more long term, creatively, or strategically. If you don’t, you’ll constantly succumb to the tyranny of the urgent.” – Tony Schwartz
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“The greatest obstacle to discovery is not ignorance — it is the illusion of knowledge” – Daniel J. Boorstin
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“Every time I looked at a latte or a new pair of shoes, I decided I didn’t need them. If you’re clear about what you want, it becomes easier. You can either buy this or be days closer to your goal.” – Akaisha Kaderli, retired @ 38yrs. old
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