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General Category => Off topic => Topic started by: Moonraker on October 09, 2013, 09:07:28 am

Title: Warren Buffet quoted ..
Post by: Moonraker on October 09, 2013, 09:07:28 am

I like ..

The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do – Warren Buffett, 1982.

A lot was learned reading these five years of letters. Mr Buffett, as always, also mentions some of his delights, like drinking Cherry cokes, as well as some of his dislikes. He has a general distrust of investment bankers (“don’t ask the barber whether you need a haircut”.) He heavily criticises academics for teaching the efficient market hypothesis and he dislikes Wall Street and its stockbrokers.

(Seen on Sharenet's Newsletter - Seed invesrtments)

Title: Re: Warren Buffet quoted ..
Post by: Patrick on October 09, 2013, 10:59:31 am

Coming out of his mouth: Buffett's best tip for personal finance
http://www.youtube.com/watch?v=idr6c8NHuWs
To summarise, stay out of debt and buy index funds.