Hossam Khalid

“Over many decades, our usual practice is that if [the stock of] something we like goes down, we buy more and more. Sometimes something happens, you realize you’re wrong, and you get out. But if you develop correct confidence in your judgment, buy more and take advantage of stock prices. —CHARLIE MUNGER, WESCO ANNUAL MEETING, 2002”
― Tren Griffin, Charlie Munger: The Complete Investor

“What is elementary, worldly wisdom? Well, the first rule is that you can’t really know anything if you just remember isolated facts and try and bang ’em back. If the facts don’t hang together on a latticework of theory, you don’t have them in a usable form. —CHARLIE MUNGER, UNIVERSITY OF SOUTHERN CALIFORNIA (USC) BUSINESS SCHOOL, 1994”
― Tren Griffin, Charlie Munger: The Complete Investor

“The man who doesn’t read good books has no advantage over the man who cannot read them. —Mark Twain”
― Gautam Baid, The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated

“There’s an old joke on this plan: “How do you become a millionaire? Start as a billionaire and buy an airline.” Buffett himself jokes that he has a toll-free number he can call which will talk him out of investing in airlines whenever he gets the urge.”
― Tren Griffin, Charlie Munger: The Complete Investor