Money and Finance
From There's Always Something to Do:
- Peter Cundill On Selling Too Early
From There's Always Something to Do: This is a recurring problem for most value investors – that tendency to buy and to sell too early. The virtues of patience are severely tested and you get to thinking it’s never going to work and then finally...
- Charlie Munger On The Balance Between Competency And Gumption...
A quote from Jason Zweig's article, "A Fireside Chat With Charlie Munger," worth a post of its own: You have to strike the right balance between competency or knowledge on the one hand and gumption on the other. Too much competency and no gumption...
- Patience And Finance – By Andrew Haldane
In the East, it is said:“One moment of patience may ward off great disaster One moment of impatience may ruin a whole life” [Chinese Proverb]In the West, it is said:“I often make more money when I am snoozing than when I am active” [Warren Buffett]These...
- Gmo: Quarterly Letter – Jeremy Grantham
My second theory would be even harder to prove, and this is it: that CEOs are picked for their left-brain skills – focus, hard work, decisiveness, persuasiveness, political skills, and, if you are lucky, analytical skills and charisma. The “Great...
- Recent Option Transactions
Well yesterday I sold 2 more call options on HAL, my ESPP shares. On Monday HAL announced earnings for 1Q 2013 and the results were quite positive and the shares in turn made a nice move up. With HAL continuing the increase Tuesday and trading back...
Money and Finance
Peter Cundill quote
From There's Always Something to Do:
For all my emphasis on the virtues of patience in value investment it has to go hand in hand with minute attention to the detail, with conviction and determination, otherwise patience is just futile endurance.
- Peter Cundill On Selling Too Early
From There's Always Something to Do: This is a recurring problem for most value investors – that tendency to buy and to sell too early. The virtues of patience are severely tested and you get to thinking it’s never going to work and then finally...
- Charlie Munger On The Balance Between Competency And Gumption...
A quote from Jason Zweig's article, "A Fireside Chat With Charlie Munger," worth a post of its own: You have to strike the right balance between competency or knowledge on the one hand and gumption on the other. Too much competency and no gumption...
- Patience And Finance – By Andrew Haldane
In the East, it is said:“One moment of patience may ward off great disaster One moment of impatience may ruin a whole life” [Chinese Proverb]In the West, it is said:“I often make more money when I am snoozing than when I am active” [Warren Buffett]These...
- Gmo: Quarterly Letter – Jeremy Grantham
My second theory would be even harder to prove, and this is it: that CEOs are picked for their left-brain skills – focus, hard work, decisiveness, persuasiveness, political skills, and, if you are lucky, analytical skills and charisma. The “Great...
- Recent Option Transactions
Well yesterday I sold 2 more call options on HAL, my ESPP shares. On Monday HAL announced earnings for 1Q 2013 and the results were quite positive and the shares in turn made a nice move up. With HAL continuing the increase Tuesday and trading back...