My Favorite Warren Buffet Quotes


-“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

-“Our favorite holding period is forever.”

-“Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years”

-“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

-“Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market”

-“A public-opinion poll is no substitute for thought.”

-“Lethargy, bordering on sloth should remain the cornerstone of an investment style."

Have any favorites of your own?


Comments

Post a Comment

Popular posts from this blog

Retirement Portfolio Net Worth – As of Aug 4 - 2017

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and RESPs. ASSETS : July Contributions: $0 Retirement Portfolio: $460,487 (down $5,433 - stock market and currency losses) Rental Property: $80,000 (purchase price) Total Retirement Assets: $540,487 (down $5,433) LIABILITIES : Investment Loan: $36,813 (down $1,984) Rental Property Loan: $78,626 (down $652) Total Liabilities: $115,439 (down $2,636) Retirement Portfolio Net Worth: $425,048 (down $2797) Dividends Received (year to date): $8,194 (up $1,481) We didn’t make any new contributions this month and our investment portfolio was down another 1%. A large portion of this 1% decline was due to exchange rates. The only change to the portfolio in July was th...
Read more

Retirement Portfolio Net Worth – As of May 1- 2017

- 2922 Days until Retirement - The goal is an investment portfolio of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and RESPs. ASSETS: April Contributions: $0 Retirement Portfolio: $476,479 (up $3,862 - stock market gains) LIABILITIES: Investment Loan: $41,102 (down $1,305) Retirement Portfolio Net Worth: $435,377 (up $5,167) * Dividends Received (year to date): $4275 (up $1,190) We didn’t make any new contributions this month as I’m currently in the process of closing on my first rental property. I want to keep some powder dry to in order to fund some improvements before renting it. Next month I’ll be including the new equity/debt and cash flow of the new rental. 
Read more

Retirement Portfolio Net Worth - as of Aug1-2018

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our children’s RESPs. We didn't make any new contributions (yet again). However, we still had a stellar month with our net worth increasing by $15,000. The majority of this gain is due to stock market gains. Although, it looks great on paper next month could easily see drop of the same value. ASSETS July Contributions: $0 Retirement Portfolio: $505,517 (up $13,201 stock market gain) Rental Property #1: $105,000 (lowest estimated selling price) Rental Property #2: $155,000 (purchase price) Total Retirement Assets: $765,517 (up $13,201) LIABILITIES : Investment Loan: $22,904 (down $1,012) Rental Property Loan #1: $72,373 (down $511) Rental Property Loan #...
Read more