don't put all the eggs in the same basket. "It's wrong. Investment should be like Mark Twain suggested." put all the eggs in the same basket, and watch it carefully.
few people can make money on it. This will be a big business. Many people can make money on it, which is definitely not.
to foresee what will happen in the next 10 years, we need to review what happened in the past 10 years.
strict love, loose is harm.
in this world, there will always be a man who is richer than you and can kick you away. However, if you first occupy a small territory, he should at least listen to your opinion, and even allow you to talk about the conditions. We can't get to this end and be a role that we can't even talk about.
investors should consider the long-term development of enterprises, rather than short-term prospects for the stock market. The price will ultimately depend on the future earnings. In the course of investment, as in baseball, if you want to keep the scoreboard rolling, you have to stare at the golf course instead of the scoreboard.
those who move towards the goal, the whole world is making way for him.
taking care of relationships, you should concentrate on dealing with business partners rather than trying to deal with competitors' relationships.
I'm like a little rat that pulls a radish. Before me, Grandpa and Grandma had loosened the radish, so though I was not strong enough, I could still pull out the radish.
strict and unrestrained, confident but not arrogant, ordinary and unequal, casual, relaxed and unindulgent, and finally serious and not real - this is the style that the entrepreneur should have.
things in the world, whether they are visible or invisible, are businessmen who dare to sell, and businessmen also dare to buy them.
the sea to the end of the day to do the shore, the mountain ascended to the top, I was the peak.
huge investment opportunities come from excellent companies being trapped by unusual circumstances, which can lead to the underestimation of the stocks of these companies.
if you want to be an employee forever, then when the whistle blows off, you can forget your work for the time being; if you want to go on and start a career, then the whistle is just a signal to start thinking.
our way of investing is only suited to our personality and the way we want to live. For this reason, we would rather get X with the people we like and respect, and do not want to change these relationships through the tedious or disagreeable people to achieve the 110% X.
the interests of business do not lie in quantity but in balance.
the key to successful investment is to buy a share of a good company at a discount when its market price is relative to its intrinsic commercial value. Intrinsic value is a very important concept. It provides the only logical means to evaluate the relative attractiveness of investment and enterprises. The definition of intrinsic value is simple: it is the cash value that a company can generate in the remaining life history.
people who know themselves better than themselves are called characters. If we are "caught up in the crowd and lookers on", are we still called characters? The characters are "the authorities are clear, the spectators are fascinated".
only today's buried, there will be tomorrow's debut.
we welcome the drop in the market because it enables us to pick up more stocks at new, alarming prices.
meditation is not impetuous; try not to regret it.
the fundamental theory of fostering interest alliance is: it doesn't matter who you know, the key is who you want to know and who knows you.
if all the equipment and materials of my workshop are burned down, but as long as I keep my whole class, I will still be a steel magnate in a few years.
I think investment students only need two classes that are properly taught, how to evaluate a company and how to consider the market price.
great difficulties can best test the mentality of partners and the ability to deal with crises.
the state of mind determines the State - close your eyes to sleep, open your eyes and eat, your body is in good condition, which is very happy.
friendship built on business is much better than business built on friendship.
from the skill of negotiation, there is absolutely no personal problem in the business field. It is all the problem of everyone. It is the business problem of everyone. Where are there personal problems? Although the business field is actually a personal problem.
if we have strong long-term investment expectations, the short-term price fluctuations will be meaningless to us unless they can give us the opportunity to increase the share at a cheaper price.
the price is what you pay, the value is what you get. The value part of evaluating an enterprise is the art part is science.
if you want to be ambitious, you must be down to the ground.
a tie is small, but if it is not suitable, it may be necessary to change shirts and leather shoes. I don't want to change all my clothes for a tie.
action is the only way to success. ()
you must bear the temptation to deviate from your guidelines: how do you not want to own a company for ten years, then don't consider having it for ten minutes.
your house must be strong enough before it can be decorated.
every 3 years we have to take a good look at the achievements we have made over the past few years. This is very important. Any firm is likely to be eliminated. We already have too many lessons.
our goal is to make our partners' profits come from the company rather than the follies of other co owners.
those clubs, associations and other business groups are some places to build relationships.
life needs to be reminded constantly that responsibility needs to be hammered every now and then.
How to determine the value of an enterprise? Do a lot of reading: I read the annual report of the company that I noticed, and I read its competitor's annual report.