Experience is making mistakes and learning from them. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
You can learn investing by reading books. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven’t done enough research into any of their companies. If managers have 200 positions, do you think they know what’s going on at any one of those companies at this moment? Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
I think a very good system in a world with a lot of passive investors is one in which there are at least a few entrepreneurial investors, prepared to say what they think, prepared to propose a change in management, change in strategy, change in cost structure, capital structure. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
I was a little bit of a cocky kid. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
It is a certainty that Herbalife is a pyramid scheme. We believe it’s harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
If you think of the typical Herbalife distributor and their level of sophistication, to this day I still don’t understand the marketing plan – true story. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
I’m not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making – just the facts. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
Investing is a business where you can look very silly for a long period of time before you are proven right. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
In order to be successful, you have to make sure that being rejected doesn’t bother you at all. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
If I believe that I am right, I will take it to the end of the earth until I am proven right. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
I am always prepared to do the right thing regardless of what other people think. Help us to share this great article. Your friends will appreciate it! 0share Facebook0 Twitter0 Pinterest0 LinkedIn0 Flipboard Tumblr Mix
