GREY:GLNIF - Post by User
Comment by
ascii2on Oct 13, 2008 1:11pm
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Post# 15522827
RE: Trendlines
RE: TrendlinesHere is something different for you from great personalities. Take it or leave it.
"Ultimately it is not the stock market or even the companies themselves that determine an investors fate. It's the investor" Peter Lynch Stock market Legend
There is no secret to being a successful investor. Common sense, patience and fortitude to not follow the crowd are shared characteristics.
Invest in what you know says Warren Buffet. He does not invest in business, he does not understand.
Focus on Value not price. " The investor should act consistently as an investor and not a speculator". Benjamin Graham.
Warren Buffet would " Buy a great business at a fair price than a fair business at a great price.
He was constantly on lookout for under-valued stocks by using a companies published financial statement and market performance to find hidden value.
Ignore market noise and be patient. Sir George Templeton's
The daily volatility of current market reveals more about investor psychology than it does about the long term value of stock.
If your stocks are keeping you awake at night, you should sell them. Know your risk tolerance level and trade accordingly. Bernard Baruch
Don't make investment in a stock an emotional experience. That is not a prudent way. Why you are buying it is important factor and just as important is when to sell. One should have a defined selling policy such as when to take profit or loss or a maximum holding period. Individuals who cannot master their emotions are ill-suited to profit from the investment process. Don't point one finger the management when four are pointing towards you.
Look at market fluctuations as your friend rather than your enemy and profit from it.
I am passionate about my investment in Glentel and wants to remain cool despite your tirade.