Monday, December 26, 2005

Quote of the day

"I spend about 15 minutes a year on economic analysis. The way you lose money in the stock market is to start off with an economic picture. I also spend 15 minutes a year on where the stock market is going."
- Peter Lynch

"My idea of a group decision is looking in a mirror."
- Warren Buffett

"I am a better investor because I am a businessman, and a better businessman because I am an investor."
- Warren Buffett

"The game of investing is one of making better predictions about the future than other people. How are you going to do that? One way is to limit your tries to areas of competence. If you try to predict the future of everything, you attempt too much."
- Charlie Munger

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