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Old 06-18-2010, 08:25 AM   #21
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The world will only end once. All other downturns are merely buying opportunities

A stupid idea looks exactly like a brilliant idea, right up until the moment that it fails
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Old 06-18-2010, 08:38 AM   #22
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Quote:
Originally Posted by David1961 View Post
Buy low, sell high.
I learned this one from watching a Flintstones episode when I was about 8 years old. So simple even a child can understand it!
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Old 06-18-2010, 09:21 AM   #23
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Variations of "Buy low, sell high" include:
1) Sell high (shorting), then buy back low (covering)

2) Sell low, buy back even lower

3) Buy high, sell even higher
So many ways to make money, and why am I not a decamillionaire?
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Old 06-18-2010, 09:27 AM   #24
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The stock market teaches you to lose.
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Old 06-18-2010, 10:46 AM   #25
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Quote:
Originally Posted by RonBoyd View Post
Sheep get sheared;
Pigs get fat;
Hogs get slaughtered.
At what point do fat pigs get relabeled as hogs?

I guess I still have some time to ponder that question. Still working on getting fat first.

Signed: Skinny Pig
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Old 06-18-2010, 11:29 AM   #26
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At what point do fat pigs get relabeled as hogs?
Yeah, I suppose the flip-side is also a useful maxim: "Greed is good."
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Old 06-18-2010, 11:46 AM   #27
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Lots of good ones. Of those I hadn't heard before, I think my favorite is

Quote:
The world will only end once. All other downturns are merely buying opportunities.
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Old 06-18-2010, 12:05 PM   #28
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Buy low, sell high. Also - don't fall in love with a stock. If it goes down too far below your cost, get rid of it (unless there is some other reason to keep it, like a huge dividend.)

Don't be afraid to take calculated risks.
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Old 06-18-2010, 12:42 PM   #29
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The world will only end once. All other downturns are merely buying opportunities
This one is my favorite too. Great thread. All the ones I know are already up here.
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Old 06-18-2010, 12:53 PM   #30
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Old 06-18-2010, 01:05 PM   #31
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Sell to your sleeping point.
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Old 06-18-2010, 01:17 PM   #32
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Buy when everyone else is selling.

Always leave some gains for the guy you are selling to.
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Old 06-18-2010, 01:36 PM   #33
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Buy when everyone else is selling.

Always leave some gains for the guy you are selling to.
bind not the mouths of the kine that tread the grain
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Old 06-18-2010, 02:41 PM   #34
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bind not the mouths of the kine that tread the grain
The difference here is that the kine are at least doing something of obvious value:
"If one of your researches invents something that will make the company millions, he deserves more than a slap on the back, especially when the top executives are probably getting paid millions."

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Old 06-18-2010, 03:41 PM   #35
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In the early 2000s, I read an interview with John Templeton where he said something to this effect: "I love to help people. When they want to sell, I buy from them. And when they clamor to buy, I sell to them".

I remember clearly that Templeton was so kind and helpful to people that during the tech mania, he even sold to them some dotcom stocks he didn't even have, meaning he was shorting. He didn't need the money, but couldn't help it. He made $80 million.
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Old 06-18-2010, 05:00 PM   #36
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buy when there's blood in the streets
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Old 06-18-2010, 06:30 PM   #37
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Old 06-18-2010, 06:44 PM   #38
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Old 06-18-2010, 09:41 PM   #39
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It's only a paper loss until you sell.
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Old 06-18-2010, 09:59 PM   #40
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It's only a paper loss until you sell.
I still have a few individual stocks in my account that have become worthless, i.e. bankrupt, and there's nothing left to sell.
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