2) If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
3) All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out.
4) Time is on your side when you own shares of superior companies.
5) Know what you own, and know why you own it.
6) The simpler it is, the better I like it.
Books:
1) One up on wall street. 2) Learn to Earn. 3) Beating the street.
Quote:
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Philosophy:
The person that turns over the most rocks wins the game. And that's always been my philosophy.
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7 takeaways from 7 of the best books on stock market ever written.
~ One up on wallstreet.
~ Common stocks uncommon profits.
~ Poor charlie's almanack.
~ The intelligent investor.
~ Security analysis.
~ The most important thing.
~ The snowball.
One up on wall street by Peter Lynch.
1) Know what you own, and know why you own it.
2) Selling your winners and holding your losers is like cutting the flowers and watering the weeds.
3) Owning stocks is like having children - don't get involved with more than you handle.
4) In dieting and in stocks, it is the gut and not the head that determines the results.
5) Remember, things are never clear until it's too late.
6) Big companies have small moves, small companies have big moves.
7) When you sell in desperation, you always sell cheap.