rainorshine59 wrote: To which one of Warren's gems are you referring?
1. "Price is what you pay. Value is what you get."
2. "Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."
3. "Widespread fear is your friend as an investor because it serves up bargain purchases."
4. "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."
5. "The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage."
6. Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbols to be bought or sold based on their "chart" patterns, the "target" prices of analysts, or the opinions of media pundits.
7. Buy into a company because you want to own it, not because you want the stock to go up.
8. "Never invest in a business you cannot understand."
9. "Risk comes from not knowing what you're doing."
10."If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on."
But my favourite is:
"We want products where people feel like kissing you instead of slapping you."
Takeactionnow wrote: Actually, on this one you are up against Warren Buffett, the greatest investor in history. What's your claim to fame?
Kongratulation wrote: The same BS the bashers and shorts were saying at $0.29 earlier this year...
The same BS bashers and shorts were, are saying about Tesla now...
Takeactionnow wrote: Scarcity of investment opportunity does not make a good investment ... only eventual profitability does. And while PYR.V has much promise, it has yet to achieve operational success that justifies the current price, never mind the wild projections on this board! That is not bashing, that is simply good common sense investing commentary.
COGT wrote: Good try buddy do some DD -54% owned by the CEO and another 15 to 20% owned by friends and family
pretty soon no more chairs at the table