Strategic Asset Leasing Inc (fka LEAS)

[jfburk]

We always hear about Warren Buffet and his investment strategies. Over the years he has given us some memorable quotes that many here probably have never heard of but are appropriate. Think about it.

‘You shouldn’t own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.’

‘Always invest for the long term.’

‘If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.’

‘Price is what you pay. Value is what you get.’

‘For some reason, people take their cues from price action rather than from values. What doesn’t work is when you start doing things that you don’t understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it’s going up.’

‘I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.’

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