I trade trends, emotions, fundamentals. Dividends, the threat of bankruptcy, and potential compensation (buyouts, stock buybacks) are the only tether between stock prices and fundamentals. I invest in beliefs.
Investing quotes I try to keep close to my head:
"...time is a limited resource that you're always investing. Will your investments pay off?"
"Trading one asset class with one directional bias would be like a professional baseball pitcher deciding to throw nothing but fastballs. You have many options and pitches – utilize them all."
-Cullen Roche
"Nothing in life is to be feared. It is only to be ...More understood."
-Marie Curie
“markets can remain irrational longer than you can remain solvent”
"Plain dealing does not appear intelligent. It is simple arithmetic. But this fact does not necessarily make intrigue the more intelligent option. The man who is always scheming suffers from the delusion that he knows all when he only knows much. He is quite different from that wiser sort which accepts a limit to the intellect."
By the time you've learned the rules, the rules have changed. Except when they haven't.
I trade trends, emotions, fundamentals. Dividends, the threat of bankruptcy, and potential compensation (buyouts, stock buybacks) are the only tether between stock prices and fundamentals. I invest in beliefs.
Investing quotes I try to keep close to my head:
"...time is a limited resource that you're always investing. Will your investments pay off?"
"Trading one asset class with one directional bias would be like a professional baseball pitcher deciding to throw nothing but fastballs. You have many options and pitches – utilize them all."
-Cullen Roche
"Nothing in life is to be feared. It is only to be ...More