100 to 1 - Notes
Buy right and hold on !! Investing is easier than you think, but harder than it looks - Warren Buffet Your goal as an investor: "Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily understandable business whose earnings are virtually certain to be materially higher five, 10, and 20 years from now. Over time, you will find only a few companies that meet these standards — so when you see one that qualifies, you should buy a meaningful amount of stock.” — Warren Buffett If you know the business inside-and-out, you will not be inclined to make an irrational decision when the price dips and/or the market tanks. “The first rule of compounding: Never interrupt it unnecessarily.” - Charlie Munger The concept of a circle of competence is critical because of ‘Mr. Market.’ The market exists to expose the human weaknesses of its participants. Your lack of understanding, as well as psychological or physiologic