"Time is the enemy of the poor investment and the friend of the great investment. If you have an investment that is earning 20%-25% on equity, time is your friend. However, time is your enemy if your investment is yielding low returns.
Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down." -Warren Buffett
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." -Paul Samuelson
"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring." -George Soros
"People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today." -Robert Kiyosaki
In short, buy real assets that fundamentally go up in value over time. Having vision is key and the main factor is patience to succeed.
Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down." -Warren Buffett
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." -Paul Samuelson
"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring." -George Soros
"People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today." -Robert Kiyosaki
In short, buy real assets that fundamentally go up in value over time. Having vision is key and the main factor is patience to succeed.
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