"Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader." – Jesse Livermore
— Steve Burns (@SJosephBurns) May 4, 2014
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Focus,Focus,Focus
If one focuses on Risk, the Profits will follow. If one focuses on Profits, the Risk will follow.
— LM_Tentarelli (@systemstrader95) May 5, 2014
This video was played at the latest Berkshire Hathaway Annual Meeting.
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Cartoon:Paying for expertise
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Linkfest:05 May,2014
Some stuff I am reading today morning:
Markets may fall by 10%-15% if results disappoint (ET)
Reliance Capital weathers economic slowdown (Mint)
Steelmakers brace themselves for Orissa mining ban (FE)
SEBI frowns on plan to extend trading hours on result day (BS)
Why Analjit Singh won’t invest in telecom again (FirstBiz)
Jeremy Grantham makes a specific call when the Bubble will burst (BI)
Indian women start ignoring their husbands while voting (Bloomberg)
Asset Allocation-Why it is difficult (Subramoney)
18 Things you’ll never hear a portfolio manager say (DailyReckoning)
Strange investment strategies that actually work (DailyReckoning)