Month: July 2015
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WARREN BUFFETT WISDOM – 1958 LETTER (REVIEW)
Buffett starts his 1958 letter by writing his friends view on American people. “The Mercurial temperament” The behaviour of American Investor which affect the market. “I think this summarizes the change in Psychology dominating the stock market in 1958 at both the amateur and professional levels. During the past year almost any reason has…
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Persistence
“Persistence is your ability to persist in the face of tough times and failures, is the measure of your self- beliefs and your burning desire to succeed” Persistence is the DNA of Success, The most important strength and asset you can capitalize on. The important quality, which separates successful people from failure, no matter of…
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Warren Buffett Wisdom – 1957 Letter (Review)
As Buffett starts this letter by his last years view on market that it is priced above the intrinsic value. With this view there is a possibility of decline in all securities both undervalued and overvalued. If market become cheap or undervalued Buffett going to employ all his capital or perhaps some borrowed money…
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Mental Blocks – Lack of Necessary Education
Lack of Necessary Education: Formal education is needed to understand the basic things in life. If you know the numeric and basic math calculation and in language the basic alphabet and be able to read, write and speak, you are eligible to become successful. Again I say not necessary, in my life I know…