“Here are some pointers from this section: • Understand the nature of the companies you own and the specific reasons for holding the stock. (“It is really going up!” doesn’t count.) • By putting your stocks into categories you’ll have a better idea of what to expect from them.”
― One Up On Wall Street: How To Use What You Already Know To Make Money In
― One Up On Wall Street: How To Use What You Already Know To Make Money In
“Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it.”
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“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.”
― One Up On Wall Street: How To Use What You Already Know To Make Money In
― One Up On Wall Street: How To Use What You Already Know To Make Money In
“The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's malarkey when it comes to houses.”
― One Up On Wall Street: How to Use What You Already Know to Make Money in the Market
― One Up On Wall Street: How to Use What You Already Know to Make Money in the Market
“People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.”
― One Up On Wall Street: How To Use What You Already Know To Make Money In
― One Up On Wall Street: How To Use What You Already Know To Make Money In
Moritz’s 2025 Year in Books
Take a look at Moritz’s Year in Books, including some fun facts about their reading.
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