Investment and Life Lessons - Part 7

Here's the PART 7 of my previous posts regarding the lessons I've encountered in my various readings on business, stocks, economy, money, war, love and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Business shall always supersede politics, because Business is the main reason why we have politics - Daniel Cruz
2. Ego = 1/Knowledge
3. Good judgement comes from experience; Experience comes from bad judgement ~ Barry Lepatner
4. 33% of your life will be spent sleeping. Wouldn't it be amazing if you could make money while asleep?
5. A handful of patience is worth a bushel of brains - Dutch Proverb
6. Without a sense of urgency, desire loses its value - Jim Rohn
7. God gave me a tail to keep off the flies. But I'd rather have had no tail and no flies - Benjamin the Donkey quoted by Jim Simons
8. Be the hardest working person on what you do - Stephen Curry
9. The way for us to get there is to stay in the moment - Stephen Curry
10. Better yourself everyday - Stephen Curry
11. Be yourself, be humble and be grateful for all the blessings in your life - Stephen Curry
12. Action speaks louder than words - Stephen Curry
    

Investment and Life Lessons - Part 6

Here's the PART 6 of my previous posts regarding the lessons I've encountered in my various readings on business, stocks, economy, money, war, love and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Passion unpracticed, weakens - Tony Robbins
2. The secret to wealth is gratitude - John Templeton
3. The key to living is giving
4. The human brain is designed for survival, it’s not designed for success - Tony Robbins
5. Your brain is not designed to make you happy, that’s your job
6. Skip a meal, but don't skip reading - Jim Rohn
7. Quality is never an accident. It is always a result of intelligent effort. - John Ruskin
8. Blind obedience to authority is the greatest enemy of truth - Albert Einstein
9. Sometimes we make choices in life, and sometimes, our choices make us
10. Living a life trying to avoid mistakes is living a life of inaction - Warren Buffett
11. The primary cause of unhappiness is never the situation but your thoughts about it - Eckhart Tolle
12. Omniscience isn’t necessary in investing; you only need to know the actions you undertake - Warren Buffett
    

Investment and Life Lessons - Part 5

Here's the part 5 of my previous posts regarding the lessons/quotes I've encountered in my various readings on business, stocks, economy, money, war and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Be like a duck, stay calm on the surface but paddle like hell underneath
2. The few who do are the envy of the many who watch - J.R.
3. Don't wish it was easier, wish you were better - J.R.
4. You have to fight through some bad days to earn the best ones. - Elal Jane Lasola
5. Wall Street's tendency to be forgiving of bullish strategists who end up being wrong..  "If you're a bull and you're wrong, you're forgiven. If you're a bull and you're right, they love you. If you're a bear and you're right, you're respected. If you're a bear and you're wrong, you're fired."
6. To understand is to be free - Baruch Spinoza
7. A thing does not therefore cease to be true because it is not accepted by many - Baruch Spinoza
8. Desire is the very essence of man - Spinoza
9. Warren chooses the kind of business he would like to be in and then lets the price of the security, and thus his expected return, determine the buy decision. (This is like Warren in high school identifying a girl he wants to date and then waiting for her to break up with her boyfriend before beginning his pursuit).
10. Investment is most intelligent when it is most businesslike - Benjamin Graham
11. There is no such thing as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways. Success is not just good luck: it is a combination of hard work, good credit standing, opportunity, readiness and timing. Success will not last if you do not take care of it. - Henry Sy
12. Work more, talk less - Henry Sy
    

Investment and Life Lessons - Part 4

Here's the part 4 of my previous posts regarding the lessons/quotes I've encountered in my various readings on business, stocks, economy, money, war and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. There's more to see than can ever be seen. More to do than can ever be done. More to find than can ever be found. - The Lion King
2. Look out for yourself - Jerome Montino
3. Give love away - WB
4. Sometimes one pays most for the things one gets for nothing. - Albert Einstein
5. A stock does not become attractive simply because it has come to your attention
6. These findings reveal an axiomatic truth about investing: investors aren’t rewarded for picking winners; they’re rewarded for uncovering mispricings— divergences between the price of a security and its intrinsic value. It is mispricings that create market-beating opportunities. And the place to look for mispricings is in a disaster, among the unloved, the ignored, the neglected, the shunned, and the feared— the losers
7. Though it is ubiquitous, we don’t intuitively recognize the conditions for mean reversion . Time and again investors, including value investors , ignore it and consequently reduce returns. We can show that a portfolio of deeply undervalued stocks will, on average, generate better returns, and suffer fewer down years, than the market. But rather than focus on the experience of the class of deeply undervalued stocks, we are distracted by the headlines. We overreact . We’re focus on the short-term impact of the crisis. We fixate on the fact that any individual stock appears more likely to suffer a permanent loss of capital. The reason is that even those of us who identify as value investors suffer from cognitive biases, and make behavioral errors. They are easy to make because the incorrect decision— rejecting the undervalued stock— feels right, while the correct decision— buying stocks with anemic, declining earnings— feels wrong
8. Stockholders seemed to have forgotten that they are owners of a business and not merely owners of a quotation on the stock ticker - Ben Graham
9. In a difficult business, no sooner is one problem solved than another surfaces— never is there just one cockroach in the kitchen - Warren Buffet
10. Are stocks pieces of paper to be endlessly traded back and forth, or are they proportional interests in underlying businesses? A liquidation settles this debate, distributing to owners of pieces of paper the actual cash proceeds resulting from the sale of corporate assets to the highest bidder. A liquidation thereby acts as a tether to reality for the stock market, forcing either undervalued or overvalued share prices to move into line with actual underlying value - Ben Graham
    

Investment and Life Lessons - Part 3

Here's the part 3 of my previous post regarding the lessons/quotes I've encountered in my various readings on business, stocks, economy, money, war and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Humble thyself
2. Failure after long perseverance is much grander than never to have a striving good enough to be called a failure - George Eliot
3. Behind every successful trader lies a string of trading failures
4. Face the wind - Vito Dagoy
5. Hard work beats talent when talent doesn’t work hard
6. If people only knew how hard I work to gain my mastery, it wouldn’t seem so wonderful at all.  ~ Michelangelo
7. Work hard in silence, let success make the noise.
8. One of the most important skills, then, that we can teach our children is to think about numbers logically and critically, and enable this sort of querying and verification. The goal of these skills is not to see if the number you’ve encountered is exactly correct, but only to see if it is approximately correct— that is, close enough to be plausible.
9. When I examine myself and my methods of thought, I come close to the conclusion that the gift of imagination has meant more to me than any talent for absorbing absolute knowledge. . . . All great achievements of science must start from intuitive knowledge. I believe in intuition and inspiration. . . . At times I feel certain I am right while not knowing the reason. - Albert Einstein
   

Investment and Life Lessons - Part 2

Here's Part 2 of my previous post regarding the lessons/quotes I've encountered in my various readings. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. You are supposed to do original research, but if you get to original, they don't know what’s going on - Maury Osborne
2. When you're buying, appear to be selling. When you're selling, appear to be buying - Lucio Tan
3. Money isn't lost or made it was simply transferred from one perception to another - Gordon Gekko
4. The illusion has become real and the more real it becomes the more desperate they want it - Gordon Gekko
5. Both poverty and riches are offsprings of thought - Napoleon Hill
6. Victory is always possible for the person who refuses to stop fighting - Napoleon Hill
7. A positive mental attitude is an irresistible force that knows no such thing as an immovable body - Napoleon Hill
8. Your vision and your dreams are the blueprints of your ultimate achievements - N.H.
9. Demography is Destiny - Auguste Comte
10. The long term economic fortunes of a nation requires these ingredients: a. A large population b. Young and productive citizens c. Growth of the "aspirational" or middle class d. A supportive environment for growth
11. Nothing worthwhile is ever easy
12. No matter what your status in life is, be grounded. When you start believing that you’re the best, that will be the start of your downfall. You have to keep working hard and learning new from other people - Wilson Sy
    

A Compilation of Lessons/Quotes in Business, Stocks, Economy, Money, War and Life

In the past two years, every time I encounter a very good quote/lesson, I immediately  write it down my one note app so I can re-read it in the future. Since my personal list is starting to get long I figured I might as well share it with you guys. So yeah, hope you enjoy them as much as I did. Cheers! \m/.

•Preferred stocks should be bought on a bargain basis or not at all due to the lack of legal claim from a creditor and a partner perspective - Ben Graham
•Trading capital should be assets -that if lost- won't affect the lifestyle of the trader

•No amount of success outside can compensate with the failure inside the home

•Knowledge is not a monopoly

•Some men see things as they are and ask why, I dream of things that never were and ask why not? - Robert F. Kennedy

•Generals win the battle but it is the people who win the war

•In a number of counselors, there is wisdom

•I'll cross the bridge when I get there

•A model is an approximation of reality

•I don't give a shit what you put there but you have to put this - AAD

•People tend to do a lot and accomplish nothing - Aaron A. Domingo

•Stocks are a better indicator of the economy than the economy is of stocks

•200 day moving average is usually a warning of a more serious market drop

•You have to run to stay in place

•A decision is never really done until an action has been made - Bryan Taan

•Substantial undervaluation to correct itself takes 1.5 to 2.5 years

•Three obstacles to wealth. Fear, Shame, Anger

•Stand in your truth

•When it comes to money, everyone is of the same religion - Voltaire