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wisdom [2013/10/24 12:15] tom |
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+ | Investment Wisdom | ||
+ | * “A high dividend yield, like a low price/ | ||
+ | * "If a company has been paying dividends longer than you have been around", | ||
+ | * " | ||
+ | * Andrew Smithers calls **' | ||
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+ | * "most companies we'd want to buy don't come at a discount" | ||
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+ | * "if a stock price declines its forward rate of return goes up" Donald Yacktman, May 2010 | ||
+ | * “Once valuations become unusually rich, disappointing long-term returns become baked in the cake” John Hussman, October 2010 | ||
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+ | * **GROWTH STOCKS**: "the issue with growth stocks comes from speculation over their future growth since they are already expensive" | ||
+ | * “When a mature company' | ||
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+ | * "You don't get rewarded for taking risk. You get rewarded for buying cheap." | ||
+ | * "In my opinion, investors should refrain from purchasing a 'full position' | ||
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+ | * "There is a time to buy, a time to sell and a long time to do nothing." | ||
+ | * " | ||
+ | * “Income growth - increasing the amount of spendable dollars your portfolio earns each year -must be the most important goal of any investment plan.” Mal Berko, February 1993 Connolly Report | ||
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+ | * "True wisdom about the markets is knowing that you will never know." ? | ||
+ | * "The investment guru's [Warren Buffett] ideal holding period is forever." | ||
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+ | * "the risks of inflation fall more heavily on bond than on equity holders" | ||
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+ | * "I believe in stocks for the long run - but only if purchased at the right price." | ||
+ | * " | ||
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+ | * There is a fundamental belief that information is knowledge. It isn' | ||
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+ | * " | ||
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+ | * The`temptation to buy what has done well is the single greatest pitfall in investing` Rob Arnott, Barron´s December 20 2008 | ||
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+ | * DIVERSIFICATION: | ||
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+ | * VALUE INVESTORS "you want to buy the very best companies and you want to buy them cheap. And it's not very often you get to do this." Biff Matthews ROB Oct 24 2008 (Notice the date.) | ||
+ | * This copy is for your personal, non-comercial use only. © Connolly Report | ||
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+ | * " | ||
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+ | * "The safe time to buy quality growth stocks is when their price earning ratios are little more than the rest of the marker" | ||
+ | * First you've got to know about it [the dividend growth strategy]. Then you have to believe it works. And finally, you have to have the patience and discipline to work it." Tom Connolly, Globe and Mail, November 18 2006. Kindly submitted by a reader on Oakland Road in Halifax. | ||
+ | * Stocks "are a claim to a very long term stream of future cash flows" | ||
+ | * "To make money you must generally act contrary to the majority opinion." | ||
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+ | * you have to do something different from every one else in order to acheive better results - Anthony Bolton in Money Makers p 22 by Jonathan Davis | ||
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+ | * "I don't really give a damn what happens this quarter, what I care about is long-term value - and that's all I care about." | ||
+ | * "when people start saying that something is good because of what it is called [be it growth stocks, or small-caps, or hedge funds, or private equity], then they are setting themselves up to lose money. Chances are they will overpay and be disappointed." | ||
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+ | * "I can honestly say that lower prices do not bother me at all. In fact, thanks to the dividend increases I received this year, my income is already greater than what I was expecting for the year. As far as I am concerned, my portfolio generated a positive return for the 2008 year" Brendan Weselake, Winnipeg November 2008 | ||
+ | * “If you want to know the value of a security”, | ||