Can you briefly summarize your investment philosophy in a few sentences ? My experience is that most people can not . The quotes that follow are diamonds that offer a real powerful education in the world of Risk Management . They have had a profound influence in my life . I give them in the hope that they achieve a similar effect on your investments . Enjoy!
1 ) " Rule No. 1 : Never lose money Rule No. 2 : Never forget Rule No. 1 .. " -
- Warren Buffett
2 ) " Large profits can be made into ordinary shares. Large losses can be made into ordinary shares. "
- Peter Lynch
3 ) " A fool and his money are soon parted . "
- Unknown
4 ) " A fool and his money were lucky to get in the first place together. "
-W.C. fields
5 ) "You have to invest in a business that even a fool can run , because someday a fool will . "
- Warren Buffett
6 ) " The most important thing in life is to find out who the bat boy for . Figure "
- Warren Buffett
7 ) "Let Wall Street have a nightmare and the whole country to help them back to bed . "
- Will Rogers , The Autobiography of Will Rogers
8 ) "There are two fools in every market . A little too specific , the other asks too much. "
- Russian proverb
9 ) " The elements of good trading : .. ( 1 ) cutting losses , ( 2 ) cutting losses , and ( 3 ) cutting losses if you can follow these three rules, you can have a chance "
- Ed Seykota
10 ) " The fact that the market does not care whether you are IN or OUT! And if that's the case , my question is who you are competing against ? Most people will ' everyone else ' response to my response is ' look in the mirror ." "
- Harald Anderson Analyst at eOptionsTrader.com
Harald Anderson is the founder and Chief Analyst of eOptionsTrader.com a leading online resource of Options Trading Information. He writes regularly for financial publications on Risk Management and Trading Strategies . His goal in life is to become the kind of person that his dog already thinks he has become .
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