① "Look
at stocks as parts of business. Ask yourself, 'How would I feel if
the Stock Exchange was closing tomorrow for the next three years?'
If I am happy
owning the stock under that circumstance, I am happy
with the business. That frame of mind is important to
investing."
② "The market is there to serve you and not to instruct you.
It is not telling you whether you are right or wrong. The business
results will determine that." |