sharetrader
Page 20 of 35 FirstFirst ... 1016171819202122232430 ... LastLast
Results 191 to 200 of 344
  1. #191
    Senior Member
    Join Date
    Nov 2018
    Location
    Christchurch
    Posts
    1,063

    Default

    Point #4 - Page 57

    https://i.imgur.com/6qFASSx.jpg

    I find the most important part is the next paragraph that specifically says the frequent Wall Street traders 'beat themselves'. They lose money, which should be a fundamental question people need to ask when they put their $ to a fund manager that practices the same active management of their portfolios.

    I have nothing against doing speculation trades if the individual is taking on the risk alone. But to use 'other people's money' well, that's a horse of a different colour. The so called experts claim they know how to beat the market, but for the mass majority, the produce less returns for their investors.

  2. #192
    Guru
    Join Date
    Sep 2009
    Posts
    2,965

    Default

    "Billionaire investor Mark Cuban says he sees one trait in all successful people—and it’s one of the only characteristics you can control"
    https://finance.yahoo.com/news/mark-...091928571.html

  3. #193
    Senior Member
    Join Date
    Nov 2018
    Location
    Christchurch
    Posts
    1,063

    Default

    Quote Originally Posted by kiora View Post
    "Billionaire investor Mark Cuban says he sees one trait in all successful people—and it’s one of the only characteristics you can control"
    https://finance.yahoo.com/news/mark-...091928571.html
    Not sure how that relates to the individual investing their $. It seems like good worth ethics should lead to good results. Instead, in the investment industry we are seeing active managing of investments (as it's ethical to invest 'other' peoples money to produce less returns is 100% acceptable).

  4. #194
    Advanced Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    2,146

    Default

    Seth Klarman

    • “I think markets will never be efficient because of human nature.”
    • “Buying’s easier, selling’s hard – [it’s] hard to know when to get out.”
    • “The single greatest edge an investor can have is a long-term orientation.”
    • “Value investing is at its core the marriage of a contrarian streak and a calculator.”


    Li Lu

    • “Being a value investor means you look at the downside before looking at the upside.”
    • “To be a better investor, you have to stand on your own.You just can’t copy other people’s insights.”

    Last edited by Valuegrowth; 30-06-2023 at 10:14 PM.

  5. #195
    Guru
    Join Date
    Sep 2009
    Posts
    2,965

    Default

    "Buffett has "a unique ability to say no to all manner of investment promoters, bubble profiteers, and well-meaning but deluded brokers,""
    ""The difference between successful people and really successful people is that really successful people say no to almost everything.""
    https://finance.yahoo.com/news/steve...184500293.html

  6. #196
    Guru
    Join Date
    Sep 2009
    Posts
    2,965

    Default

    Some pertinent lessons.
    There is no single recipe.

    "“There are no extra points for degree of difficulty.”

    There’s no point in having a strategy that relies on repeated brilliance or luck to be successful. That’s an unreliable way to make progress. It’s far better to play the investing game on ‘easy mode’.

    https://www.livewiremarkets.com/wire...rm=MEET%20DAVE

  7. #197
    Senior Member
    Join Date
    Nov 2018
    Location
    Christchurch
    Posts
    1,063

    Default

    Quote Originally Posted by kiora View Post
    Some pertinent lessons.
    There is no single recipe.

    "“There are no extra points for degree of difficulty.”

    There’s no point in having a strategy that relies on repeated brilliance or luck to be successful. That’s an unreliable way to make progress. It’s far better to play the investing game on ‘easy mode’.

    https://www.livewiremarkets.com/wire...rm=MEET%20DAVE
    No mention of what sums were involved or how much he amassed before retirement.

  8. #198
    Banned
    Join Date
    May 2022
    Posts
    1,070

    Default

    Quote Originally Posted by kiora View Post
    "Buffett has "a unique ability to say no to all manner of investment promoters, bubble profiteers, and well-meaning but deluded brokers,""
    ""The difference between successful people and really successful people is that really successful people say no to almost everything.""
    https://finance.yahoo.com/news/steve...184500293.html
    Buffett has a unique ability to get board seats and preferred stock. Good luck with that, Buffett fans.

  9. #199
    Guru
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,545

    Default

    Quote Originally Posted by kiora View Post
    Some pertinent lessons.
    There is no single recipe.

    "“There are no extra points for degree of difficulty.”

    There’s no point in having a strategy that relies on repeated brilliance or luck to be successful. That’s an unreliable way to make progress. It’s far better to play the investing game on ‘easy mode’.

    https://www.livewiremarkets.com/wire...rm=MEET%20DAVE
    Thanks for the link. Interesting. Like the look of the Australian Shares ETF.
    Food for thought.

  10. #200
    Guru
    Join Date
    Sep 2009
    Posts
    2,965

    Default

    Not my style BUT

    Definitely food for thought. Some here could learn from this one?
    From someone who is a "FIRE BRIGADE" member
    "In addition to the low information diet and an indexing approach to investing, I automate my investments in order to stop inadvertently sabotaging myself."
    https://www.livewiremarkets.com/wire...THE%20INSIGHTS

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •