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Six One Liners for Traders

“Don’t trade just because you can afford to lose.” 

 “Practice makes perfect is an old copybook adage that works well in the market place.”

 “If a trade fails to come out right, the error will be found in the operator-not the market.”

  “Trading is simple another form of business.  Treat it as such.”

  “Trend to the investor is like the vein of gold to the miner, who must follow the vein faithfully if he expects to get the yellow metal.”

 “Stocks are made to buy and sell…not to be bought and held.”

The Split Heard Round the World

lnvestors have been clamoring for years and years for Berkshire to split its shares, whether it be the $100,000 A shares or the $3500 B shares.  After voting confirmed the split today, BRK/B shares will be divided into 50 smaller shares tomorrow.  This 50 for 1 split will convert shares to roughly $70.  Berkshire B shares were up $85 yesterday and are up another $130 today.  The bulls are clearly favoring the split and eagerly awaiting its arrival.

Berkshire

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