2. “ ALL INTELLIGENT INVESTING IS
VALUE INVESTING- ACQUIRING
MORE THAN YOU ARE PAYING FOR.
YOU MUST VALUE THE BUSINESS IN
ORDER TO VALUE THE STOCK”
-CHARLIE MUNGER
3. “TWENTY YEARS IN THIS BUSINESS
CONVINCES ME THAT ANY NORMAL
PERSON USING THE CUSTOMARY
THREE PERCENT OF THE BRAIN CAN
PICL STOCKS JUST AS WELL,
IF NOT BETTER, THAN THE AVERAGE
WALL STREET EXPERTS”
--PETER LYNCH
4. “THE STOCK MARKET IS THE STORY
OF CYCLES AND OF THE HUMAN
BEHAVIOUR THAT IS
RESPONSIBLE FOR OVERREACTIONS
IN BOTH DIRECTIONS”
-SETH KLARMAN
5. “WHILE SOME MIGHT MISTAKENLY
CONSIDER VALUE INVESTING A
MECHANICAL TOOL FOR IDENTIFYING
BARGAINS, IT IS ACTUALLY A
COMPREHENSIVE INVESTMENT
PHILOSOPHY THAT EMPHASIZES THE
NEED TO PERFORM IN-DEPTH
FUNDAMENTAL ANALYSIS, PURSUE
LONG-TERM INVESTMENT RESULTS,
LIMIT RISK, AND RESIST CROWD
PSYCHOLOGY.”
-SETH KLARMAN
6. “WE IGNORE OUTLOOKS AND
FORECASTS… WE’RE LOUSY AT IT
AND WE ADMIT IT … EVERYONE
ELSE IS LOUSY TOO, BUT MOST
PEOPLE WON’T ADMIT IT.
-MARTIN WHITMAN
7. “IF INVESTING IS ENTERTAINING,
IF YOU’RE HAVING FUN, YOU’RE
PROBABLY NOT MAKING ANY
MONEY.
GOOD INVESTING IS BORING”
-GEORGE SOROS
9. “THE UNDERLYING PRINCIPLES OF
SOUND INVESTMENT SHOULD NOT
ALTER FROM DECADE TO DECADE,
BUT THE APPLICATION OF THESE
PRINCIPLES MUST BE ADAPTED TO
SIGNIFICANT CHANGES IN THE
FINANCIAL MECHANISMS AND
CLIMATE.”
-BENJAMIN GRAHAM
10. “CONFRONTED WITH A CHALLENGE
TO DISTILL THE SECRET OF SOUND
INVESTMENT INTO THREE WORDS,
WE VENTURE THE MOTTO, MARGIN
OF SAFETY.”
-BENJAMINGRAHAM
11. “IT IS REMARKABLE HOW MUCH
LONG-TERM ADVANTAGE PEOPLE
LIKE US HAVE GOTTEN BY TRYING
TO BE CONSISTENTLY NOT STUPID,
INSTEAD OF TRYING TO BE VERY
INTELLIGENT.”
-CHARLIE MUNGER
12. VISIT DHANNUVAVETAR.COM TO MASTER THE
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