The Greatest Enemies Of The Equity Investor

You Can Lose Leverage, And It's The Only Way A Smart Guy Can Go Broke.

I Do Know That When I Am 60, I Should Be Attempting To Achieve Different Personal Goals Than Those Which Had Priority At Age 20.

The Most Dangerous Distractions Are The Ones You Love, But That Don’t Love You Back.

Economic Medicine That Was Previously Meted Out By The Cupful Has Recently Been Dispensed By The Barrel. These Once Unthinkable Dosages Will Almost Certainly Bring On Unwelcome After-effects. Their Precise Nature Is Anyone's Guess, Though One Likely Consequence Is An Onslaught Of Inflation.

Asset Values And Earning Power Are The Dominant Factors Affecting The Valuation Of A Controlling Interest In A Business. Market Price, Which Governs Valuation Of Minority Interest Positions, Is Of Little Or No Importance In Valuing A Controlling Interest.