Thursday, August 18, 2011

Money quotes that you must know


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Some money quotes that you must know

These from MOTILAL OSWAL

Managing money requires more skill than making it.

Risk in the market comes from what you don't know.

Man’s most powerful discovery- “Compound Interest” It is never your thinking that makes big money, it is sitting.

When you combine ignorance and borrowed money, the consequences can be disastrous.

Money is made more due to understanding rather than information.

It is better to have a hen tomorrow, than an egg today.

The probability of outsized returns goes up, as the size of portfolio goes down.

Concentrate investments in a few great stocks and have fortitude to hold through price
fluctuations. Never leverage your focused portfolio.
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