rss

Today I know that …

mylessonsMy lessons may have been costly ,but they brought with them a kind of undertstanding more precious than gold.

😆 Playing the market is much different from being an investor.

😆 Pride is another word for stupidity if you claim credit for profits temporarily created by a bull market run wild.

😆 Paper profits are the illision of wealth created by the myopia of greed.

😆 Margin is a secuctive temptress more enticing than Delilah-and far more dangerous.

😆 Money doesn’t make people better ;it just allows them to become kinder and more charitable.

😆 Losing money doesn’t mean you’re a fool ,just as making a fortune doesn’t prove you’re a genius.

😆 Maturity means knowing how to cope with failure-and with sucess.

😆 The market respects those who treat is seriously and research it thoroughly ;it mocks those who think its rewards are freely granted to the followers of friendly tips and exicted phone calls from “helpful” strangers.

😆 Just as in every other game of chance ,all of your winning should never be left on the table.

😆 The law of gravity was not repealed for the sake of Dalal street ;even there the rule still holds that “whatever goes up must come down .”

😆 Forgiveness is a virtue even to myself ;I can forgive the fact that I failed-because I know that Iam not a failure.

Â