It was the rationale of thievery. The other guy has it, you want it, Obama will take it for you.
He goes on to write The essence of focus investing can be stated quite simply: Choose a few stocks that are likely to produce above-average returns over the long haul, concentrate the bulk of your investments in those stocks, and have the fortitude to hold steady during any short-term market gyrations.
Why should you pursue a focused approach? I'll share the biggest reason today I recently had the pleasure of meeting Hagstrom. He's the author of a handful of popular investing books, mostly having to do with some aspect of the famously successful Warren Buffett's investing style.
Hagstrom is also a practitioner. He was a fund manager at Legg Mason — along with the celebrated Bill Miller — for many years. Anyway, I enjoyed meeting him and speaking with him about investing. I read his bestseller, The Warren Buffett Way, when it came out in I was 22 then.
It was one of many books that helped cement my devotion to a Buffett-inspired investment style. Focus investing is a big part of that style. He used a database of 1, companies with reliable data — such as earnings, revenues, and return on equity.
He then ran a simulation of 3, randomly assembled portfolios, forming four groups: The pattern here is clear: Having fewer stocks in your portfolio increases your odds of generating a higher return. But it also increases the volatility of that portfolio.
In other words, the daily pricing of your portfolio will bounce around more. With a stock portfolio, your chances increase dramatically, to one in four. And it doesn't mean you can't do well with a big portfolio. Instead, owning fewer stocks is a way to raise your odds of beating the market.
When you think about it, this makes intuitive sense You can only follow so many stocks. You can only really get to know and understand so many businesses.‘Time is money’ is an axiom that stresses the importance of time and the need to use it productively.
Time is the most precious thing in the world, for once lost, it can never be recovered. So, in a sense, it is more precious than money itself, for lost money can be recovered if one [ ].
The Democrats are right, there are two Americas. The America that works, and the America that doesn’t. The America that contributes, and the America that doesn’t. Value of Time Essay 1 ( words) Time is more than money as money spent can be earned again however once time spent can never be earned.
There is a common saying that “Time and Tide waits for none”. It is as true as existence of life on the earth.
Time runs continuously without stoppage. It never waits anyone. I think it is possible to outline a list of features that are typical of what I would like to call Ur-Fascism, or Eternal Fascism.
These features cannot be organized into a system; many of them contradict each other, and are also typical of other kinds of despotism or fanaticism. But it is enough that one of them be present to allow fascism to coagulate around it. Category: Essays, Paragraphs and Articles On January 22, By Vikash Pathak It’s meaning: We all know the popular saying “Health is Wealth”.
By health we do not mean the absence of physical troubles only. May When people care enough about something to do it well, those who do it best tend to be far better than everyone else.
There's a huge gap between .